The West Australian-based miner Fortescue Metals Group reiterates on Thursday its plans to suspend two projects due to the threatening resource super profits tax proposed by the Federal Government.

Fortescue said that both of its projects – the Solomon Hub project with port development facilities near Wickham, and the Western Hub project - have been put on hold.

Both projects are worth almost $17 billion and has 30,000 jobs may be in jeopardy.

Andrew Forrest, chief executive officer, told media today that the company has been campaigning against the super tax.

Fortescue said the new tax will have a grave impact on its company, however, there has been no specific calculations on the estimated figures that it might be paying once the tax takes effect.

In 2009, Fortescue was cleared with allegations in relations to misleading its investors, but was later charged by the Federal Court with $89 million to Zodiac Maritime.

Earlier, BC Iron confirmed that Fortescue's decision will not affect its Nullagine joint venture project as its iron ore will be transported through Fortescue's Chichaster operations.

The first iron ore production in Nullagine is expected to ship in December, with a target rate of three million tonnes per annum.

The multi-million dollar Nullagine iron ore project will be funded by BC Iron and Fortescue Metals Group.