Two Aboriginal businesses secure Iron Bridge contracts from Fortescue

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Two Aboriginal businesses have been contracted by Australian iron ore giant Fortescue to work on the Company’s Iron Bridge Magnetite Project.

The contracts have been awarded to Jukawalyi Resources – a 100% Aboriginal-owned business, and to Yulu Joint Venture – a joint venture company between Njamal Resource Enterprises and Icon SI.

Under the contract, Jukawalyi will provide light vehicles for the Iron Bridge operations, with Fortescue acting as a guarantor for the purchase of the vehicles through its guaranteed leasing facility with ANZ.

Yulu JV was awarded a contract to complete a portion of the non-mining process infrastructure work, including designing and constructing the main ore processing facility administration building, laboratory building and associated facilities.

Adertisement

Both companies are owned by members of the Njamal Native Title group – the Traditional Custodians of the land where Iron Bridge is located.

Fortescue CEO Elizabeth Gaines said the two contract awards with a combined value of over A$13 million build on the company’s longstanding commitment to Aboriginal procurement and delivery of benefits for its Native Title partners.

“Fortescue is proud of our strong relationships with Native Title groups across the Pilbara, which is delivering significant benefits including jobs, training and business development opportunities for Aboriginal people, their families and their communities,” Ms Gaines said.

“Empowering businesses like Jukawalyi and Yulu JV to make long-term, beneficial business decisions is at the heart of our Billion Opportunities initiative.

These contracts will provide the opportunity to build local capability and asset ownership for these local Aboriginal businesses.”

Image credit: https://www.fmgl.com.au/