Tag Archives: Nyamal

Nyamal Holdings to help Fortescue with drill and blast program at Iron Bridge

Fortescue has signed what it says is a major agreement with the Nyamal traditional custodians to provide mining equipment for the company’s Iron Bridge magnetite project, in Western Australia.

The A$18 million ($12.1 million) agreement, which builds on the A$331 million in contracts already awarded to Nyamal businesses since 2019, will see Nyamal Holdings initially provide five contour drill rigs, one stemming loader and two platform rigs to Fortescue. This will grow to include six additional platform rigs over the next two years to meet the Iron Bridge mine plan.

Fortescue Metals Chief Executive Officer, Fiona Hick, said: “The drill and blast program at Iron Bridge represents one of the most crucial aspects to achieving maximum throughput in the processing plant. We are pleased that we have been able to partner with Nyamal to deliver this important capability.

“From the outset, Fortescue has been focused on practical initiatives that drive economic and employment opportunities for Indigenous Australians. Contracts like this support the growth of Indigenous businesses, enabling them to build capability which in turn provides ongoing economic benefits to communities.”

Nyamal Aboriginal Corporation Chair, Gavin Mitchell, said: “Nyamal Holdings are excited to secure this significant contract for the Nyamal people enabling us to own the fleet which will provide ongoing training and employment opportunities for Nyamal members.

“Nyamal Aboriginal Corporation have strong and ongoing engagement with Fortescue, and we are pleased that through this contract we are able to build on this longstanding relationship.”

The Iron Bridge magnetite project is an unincorporated joint venture between FMG Magnetite Pty Ltd (69%) and Formosa Steel IB Pty Ltd (31%). The joint venture partners are each responsible for their equity share of the total capital expenditure.

Fortescue reported production of the first wet concentrate at the Iron Bridge project back in April.

Iron Bridge is set to deliver 22 Mt/y of high grade 67% Fe magnetite concentrate, with the total project capital estimated at $3.9 billion, with Fortescue’s share approximately $3 billion.

BHP and Gallawinya agree on tyre agreement for WAIO operations

A new contract with Pilbara Traditional Owner business Gallawinya Pty Ltd, will supply up to 4,000 tyres a year for light vehicles and light trucks across BHP WA Iron Ore’s central Pilbara mining operations, the mining company says.

Gallawinya is one of more than 80 Indigenous and Traditional Owner businesses engaged directly in the first half of BHP’s 2023 financial year – with a total spend of more than A$120 million ($82 million) – to Indigenous and Traditional Owner businesses through WAIO’s Project Rise initiative.

Chris Cowan, Head of Global Indigenous Procurement, said the Gallawinya contract represented a major step forward in a non-traditional supply area and would create social value opportunities including additional regional employment.

“We’re trying to find ongoing, longer term operational contracts to collaborate with Traditional Owner businesses, and this is a great example of that,” he explained.

“What I particularly like about this one is, it’s demonstrating a new category of supply by a Traditional Owner business that we haven’t seen before, and it’s going to create social value back into the communities in which we operate.

“We hope to collaborate with our maritime team to bring tyres directly into Port Hedland to reduce the need to transport the tyres by road from Perth to the Pilbara. This will improve our carbon footprint as well as safety risk and performance.”

Under the contract, Gallawinya will initially supply tyres to BHP’s central Pilbara operations (Mining Area C, South Flank and Yandi) before potentially expanding to other WAIO’s mining sites including Jimblebar, Newman and Port Hedland.

Gallawinya is a subsidiary of Nyamal owned and operated East West Pilbara Group, which employs more than 10 people in the Pilbara, through its facilities at Port Hedland and Karratha. The BHP supply contract will create more training and employment opportunities for Indigenous people.

Compared to the same period in FY22, to date WAIO has increased its year-to-date annual spend by around 62.5% and, thanks to Project Rise, is on track to deliver on its FY23 target of A$225 million spend with Indigenous and Traditional Owner businesses, which will extend to A$300 million in FY2024.