Tag Archives: Formosa Steel

Monadelphous banks work with Fortescue Metals and BHP

10th November 2022Equipment maintenance, Mine operation news, Mining services, Steel and iron oreBHP, BHP Nickel West, Finucane Island, Formosa Steel, Fortescue Metals Group, Nelson Point, Olympic DamDaniel Gleeson

Monadelphous has secured new contracts and contract extensions in the resources and energy sectors totalling approximately A$150 million ($96 million), including work with Fortescue Metals Group and BHP.

The company has been engaged to provide construction services at the Iron Bridge Magnetite Project, an unincorporated joint venture between Fortescue subsidiary FMG Iron Bridge and Formosa Steel IB, in the Pilbara of Western Australia. The work, which includes the provision of structural, mechanical and electrical and instrumentation services at the wet process plant, is expected to be completed by the end of 2022.

Monadelphous has also secured the following work with BHP:

A contract for the remediation of balance machines at the Finucane Island and Nelson Point ports in Port Hedland in Western Australia, with work expected to be completed by mid-2024;
A 12-month extension to its existing contract to provide general maintenance and shutdown services at BHP’s Western Australian iron ore operations;
A 12-month extension to its existing maintenance, shutdown and project services contract across BHP’s Nickel West operations in Western Australia; and
A two-year contract to provide construction services under the Olympic Dam Construction Panel Framework Agreement at Olympic Dam in South Australia.

SRG Global’s Bugarrba Aboriginal JV to carry out scaffold service work at Iron Bridge

7th October 2022Mineral project development, Mining services, Steel and iron oreBugarrba, David Macgeorge, Formosa Steel, Fortescue, Iron Bridge, SRG Global, Terry WilsonDaniel Gleeson

SRG Global Ltd says its Aboriginal Joint Venture, Bugarrba, has been awarded a five-year term contract with Iron Bridge Operations in the Pilbara of Western Australia.

The five-year term contract with Iron Bridge, an unincorporated joint venture between Fortescue Metals Group (Fortescue) subsidiary FMG Iron Bridge and Formosa Steel IB, is a master agreement for maintenance and shutdown services to provide engineered scaffold services across
its new magnetite project in Western Australia.

The contract, valued at circa-A$40 million ($26 million) is expected to commence early in 2023.

Bugarrba is a joint venture with members of the Njamal People and SRG Global. The traditional land of the Njamal people covers 42,000 sq.km within the Pilbara, with its name meaning ‘Country’ in the Njamal language. Bugarrba’s vision is to provide meaningful and sustainable employment opportunities to its people and Aboriginal people more broadly.

Terry Wilson, Bugarrba Board Member, said: “Bugarrba are excited to secure another important contract for the Njamal people and are looking forward to working with Iron Bridge Operations located on the traditional lands of the Njamal people.”

David Macgeorge, SRG Global Managing Director, added: “SRG is tremendously proud of our Bugarrba joint venture, seeing its continued success and contribution to Aboriginal people, and working with Iron Bridge Operations, on what is such an innovative project for Western Australia.”

The Iron Bridge project is set to deliver 22 Mt/y of high-grade magnetite concentrate product, with first production scheduled for the upcoming March quarter.

Weir adds aftermarket and service contract to Iron Bridge remit

1st December 2020Comminution of minerals, Equipment maintenance, Mineral processing, Mineral project development, Mining equipment, Mining maintenance, Mining services, Steel and iron oreCavex, Comminution, Enduron, Formosa Steel, Fortescue Metals Group, Geho, HPGR, Iron Bridge, Iron ore, Isogate, magnetite, Pilbara, Ricardo Garib, Stuart Hayton, Warman, Weir Group, Weir Minerals, Western AustraliaDaniel Gleeson

The Weir Group says it has won a £95 million ($127 million) order to provide aftermarket components and service to the Iron Bridge magnetite project in Western Australia.

The aftermarket contract follows Weir’s success in winning a record £100 million order for original equipment for the Iron Bridge project in 2019, including its Enduron® High Pressure Grinding Rolls (HPGRs, pictured) that, it says, will enable dry processing of ore and use at least 30% less energy than traditional alternatives.

The Iron Bridge magnetite project is a $2.6 billion joint venture between Fortescue Metals Group’s subsidiary FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd located in the Pilbara region, around 145 km south of Port Hedland.

Both the aftermarket order and revenues will be recognised over the seven-year period of the agreement, which starts in 2022, in line with the 22 Mt/y project’s initial production.

Ricardo Garib, President of Weir Minerals, said: “This is another landmark order for Weir. Having helped design an energy and water efficient magnetite processing plant, we are delighted to provide operational support for Iron Bridge from 2022. It is an excellent example of the value that Weir’s innovative engineering and close customer support can create for all our stakeholders and reflects the key role we have to play in making mining operations more sustainable and efficient.”

Weir’s Enduron HPGRs are increasingly replacing conventional mills in comminution circuits, Weir says. In addition to their energy and water savings, they also reduce grinding media consumption, while their wearable components last longer, reducing maintenance costs. Additionally, HPGRs contribute significantly to carbon dioxide emission savings.

Stuart Hayton, Managing Director of Weir Minerals Netherlands, where the Enduron HPGRs are designed and manufactured, said: “This is an important project for Weir and for the broader mining industry. We know comminution is one of the most energy intensive parts of the mineral process and, with our Enduron HPGRs, we have a unique ability to offer significant cost, energy and water savings to customers around the world. As the mining industry evolves, we are commited to continuing to innovate, reducing miners’ costs and environmental impact.”

This latest contract award means Weir now has more than £200 million of orders from the Iron Bridge project including its Enduron HPGRs, GEHO® and Warman® pumps, Cavex® hydrocyclones and Isogate® valves.

To support the project and future growth, Weir says it will build a new service centre in Port Hedland, Western Australia, thereby providing employment and training opportunities in the area, with a particular emphasis on supporting greater Aboriginal representation in the broader mining workforce.

Pindan lands design and construct contract at Iron Bridge

1st October 2020Mineral project development, Mining services, Steel and iron oreairport, Formosa Steel, Fortescue Metals Group, Iron Bridge, Iron ore, magnetite, METS, Pindan, Tony GerberDaniel Gleeson

Integrated property and construction group, Pindan, says it has been awarded another contract for works linked to the Iron Bridge Magnetite project in the Pilbara of Western Australia.

Iron Bridge, an unincorporated joint venture between Fortescue Metals Group subsidiary FMG Iron Bridge and Formosa Steel IB Pty Ltd, have awarded Pindan a A$3.6 million ($2.6 million) contract to design and construct the $2.6 billion project’s landside airport, it said.

Pindan Executive Director, Tony Gerber, said this new scope of work would kick off in October and was due to be finished by the end of the year.

“We have a long and successful history of working in this part of Western Australia and are already on the ground at Iron Bridge, having been awarded a A$3.4 million contract in June this year to design, supply and install a number of office buildings, as well as deliver associated infrastructure, at Fortescue’s Herb Elliot Port facility in Port Hedland,” Gerber said.

“This contract sees us manage civil works, design, and roadworks, and supply all resources, support facilities, labour and materials for this part of the project. It also includes the construction of a communications tower for the airport terminal building, as well as fitting out the airport.”

Iron Bridge is a new magnetite ore processing facility located 145 km south of Port Hedland. The project is on track to create around 3,000 jobs during construction and 900 full-time operational positions, and will deliver a premium product of high grade 67% Fe magnetite concentrate product with the first ore on ship scheduled for mid-2022.

CPB Contractors to help deliver wet processing plant at Iron Bridge project

11th August 2020Mineral project development, Mining services, Steel and iron oreCIMIC Group, CPB Contractors, Diego Zumaquero, Formosa Steel, Fortescue Metals Group, Iron Bridge, Iron oreDaniel Gleeson

CPB Contractors has been awarded a contract at the Iron Bridge magnetite joint venture project in the Pilbara of Western Australia.

The contract from Fortescue Metals Group subsidiary FMG Iron Bridge, and Formosa Steel IB Pty Ltd, the joint venture partners at Iron Bridge, will see the CIMIC Group subsidiary deliver concrete and detailed earthworks for a wet processing plant.

Work will commence this year and is scheduled for completion in 2021, CPB Contractors said.

The Iron Bridge project is expected to see a new magnetite mine developed to support production of 22 Mt/y of high grade concentrate, according to FMG.

The contract was announced in tandem with another award in the water sector, with both set to provide around A$128 million ($92 million) of revenue in total.

CPB Contractors Managing Director, Diego Zumaquero, said: “The award of these contracts is recognition of our people’s expertise in delivering essential and strategic infrastructure projects. Our commitment is to safely and efficiently deliver these projects while maximising the benefits to local communities.”