Thiess secures Iron Bridge project

20 September, 2022

The Iron Bridge Project in WA has appointed Thiess as the mining services provider. The company will deliver mining and maintenance services across a three-year contract, beginning in September 2022. The Iron Bridge Project is a joint venture between Fortescue Metals Group subsidiary FMG Magnetite and Formosa Steel IB.

The aim is to deliver high grade 67 per cent ferrous magnetite concentrate product in the Pilbara

Thiess executive chair Michael Wright said the company was delighted to join forces with the project.

“This is a significant project for Thiess as we pursue our strategy to diversify across commodities and deliver sustainable mining solutions for our clients,” he said.

“Thiess’ appointment reinforces our mining capability, reputation for mobilisation and operational performance, our focus on technology and our strong ESG commitment and credentials. We are looking forward to working with the Iron Bridge team to deliver outstanding results in mining and sustainability to ensure we exceed the client’s expectations.”

The company will also focus on creating opportunities for Nyamal-owned businesses and employment pathways for local people.

Revenue to Thiess is expected to be more than $700 million over the first three years, with options to extend.

This article based on a news story from Australian Mining.