Project data
Overview
The Iron Bridge Project is a joint venture between Fortescue Metals Group subsidiary FMG Magnetite and Formosa Steel IB, that will deliver high grade 67% Fe magnetite concentrate product in the Pilbara.
Under the initial three-year contract, Thiess will deliver mining and maintenance services and asset management services.
Revenue to Thiess is expected to be more than $700 million over the first three years, with options to extend.
Thiess is focused on community engagement and creating opportunities for Nyamal-owned businesses and employment pathways for local people.
