Thiess Secures Iron Bridge Contract

Contract mining activities are expected to begin at Iron Bridge during September.
Thiess has been appointed mining services provider for the Fortescue Metals Group’s Iron Bridge Project in Western Australia. Under the initial three-year contract, Thiess will deliver mining and maintenance services and asset management services.

“We are delighted to be joining forces with the Iron Bridge Project, a joint venture between Fortescue Metals Group subsidiary FMG Magnetite and Formosa Steel IB, to deliver high-grade 67% Fe magnetite concentrate product in the Pilbara,” Thiess Executive Chair and CEO Michael Wright said. “This is a signifi- cant project for Thiess as we pursue our strategy to diversify across commodities and deliver sustainable mining solutions for our clients. [This] reinforces our mining capability, reputation for mobilization and operational performance, our focus on technology and our strong ESG commitment and credentials.”

Revenue to Thiess is expected to be more than $700 million over the first three years, with options to extend. Thiess will commence at Iron Bridge in September 2022.

As featured in Womp 2022 Vol 09 -