Thiess Pty Ltd has been selected to supply mining services for the Iron Bridge Magnetite Project in Western Australia.
In a statement, Thiess has announced that the company will provide mining and maintenance services and asset management services for the project under the three-year contract.
The Iron Bridge Magnetite Project is a joint venture between Fortescue Metals Group subsidiary FMG Magnetite and Formosa Steel IB to deliver high-grade 67 per cent Fe magnetite concentrate product in the Pilbara.
Thiess Executive Chair and CEO Michael Wright expressed the company’s delight to work with the Iron Bridge Project, saying the project is significant for Thiess as the company pursue its strategy to diversify across commodities and deliver sustainable mining solution for its clients.
“Thiess’ appointment reinforces our mining capability, reputation for mobilisation and operation performances, 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,” Wright said.
Thiess Executive General Manager Australia West Spencer Joe stated that the company looks forward to creating a project that delivers value for its customers, people, and surrounding communities.
“We are focused on community engagement and creating opportunities for Nyamal-owned businesses and employment pathways for local people,” Joe added.
According to Thiess, the revenue of the Iron Bridge Magnetite Project to the company is anticipated to be over $700 million over the next three years, with options to extend.
Thiess will begin works for the Iron Bridge project in September 2022.
