NRW Holdings is about to mobilise a team to carry out bulk earthworks at Fortescue Metals’ majority-owned Iron Bridge magnetite project in Western Australia.
The contractor confirmed it had received a notice of award for the bulk earthworks assignment from the Iron Bridge joint venture (between FMG subsidiary FMG Iron Bridge and Formosa Steel IB) and, while the award remained subject to finalisation, it had been directed to commence mobilisation.
The $2.6 billion Iron Bridge project will see the development of a new magnetite mine (including processing and transport facilities) and associated infrastructure. It will support production of 22 Mt/y (wet) of high grade (67% Fe), magnetite concentrate product, according to the partners. Production is expected by mid-2022. The Iron Bridge site comprises the North Star, Eastern Limb, Glacier Valley and West Star magnetite iron ore deposits and is 145 km south of Port Hedland.
The contract scope for NRW includes the bulk earthworks and drainage for roads, processing plant and infrastructure for the new mine site development. The contract value is around A$70 million ($47 million) and is expected to have a duration of around 45 weeks, NRW said. At its peak, there will be some 200 site based personnel required for the project.
NRW’s CEO and Managing Director, Jules Pemberton, said: “NRW is pleased to be involved in this exciting new project with Fortescue and looks forward to its successful execution.”