Iron Bridge Magnetite Project
Project at a glance
WA Australia (Onshore)
Project Execution Phase
IB OPERATIONS PTY LTD
Iron Bridge Magnetite Project
Project owner: IB Operations Pty Ltd, as agent for Iron Bridge Joint Venture between FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd
Project Details:
The Iron Bridge Magnetite Project (Project) is the development of a new magnetite mine (including processing and transport facilities) and associated infrastructure. Iron Bridge will deliver 22 million tonnes per annum (mtpa) of high grade 67% Fe magnetite concentrate product. The Iron Bridge site comprises the world class North Star and Glacier Valley magnetite ore bodies, located 145km south of Port Hedland.
First production is planned for the March 2023 quarter, with ramp up to full production run rate in 12 to 18 months.
IB Operations is seeking expressions of interest from suitably qualified contractors and suppliers for Project tendering opportunities on the ICN Gateway.
Scope Overview:
The Project scope will require the establishment of new facilities, including:
mine
ore processing facility
slurry and return water pipeline
raw water pipeline
port infrastructure
non-process infrastructure, such as airstrip, village extension, telecommunications networks,
electricity, water, sewage and wastewater facilities.
The Iron Bridge Project will be operated by IB Operations Pty Ltd, as agent for the Iron Bridge Joint Venture between FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd. IB Operations Pty Ltd is an Australian private company, which is owned by FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd, each a participant in the unincorporated Iron Bridge Joint Venture.
Local and Indigenous participation:
In line with Fortescue's commitment to supporting local Western Australian communities, requirements relating to the engagement of local and Indigenous vendors will be included in the selection criteria for the Iron Bridge Magnetite Project tendering opportunities.
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WA AUSTRALIAFMG Solomon, a subsidiary of Fortescue Metals Group, will develop the Eliwana Project, following board approval in May 2018.
WA AUSTRALIAFortescue Metals Group is a global leader in the iron ore industry, recognised for its unique culture, innovation and industry-leading development of world class infrastructure and mining assets in the Pilbara, Western Australia.
WA AUSTRALIAThe Pilbara Generation Project (Project) will enhance Fortescue's existing power generation capacity through the inclusion of 150MW of gas fired reciprocating engine-based power generation, together with 150MW of solar photovoltaic (PV) generation and 50MW of battery storage and will be constructed, owned and operated by Fortescue through its subsidiary Pilbara Energy (Generation) Pty Ltd.
WA AUSTRALIAThe Pilbara Transmission Project (Project) aims to integrate Fortescue's iron ore mining and port operations in the Pilbara to a common 220kV network.
The creation of this 220kV network and these Stage 4 works will enable Fortescue's existing Solomon Mine power station to supply power to Fortescue's Eliwana Mine (Eliwana).
WA AUSTRALIAFortescue is committed to decarbonising its Australian iron ore operations in mining, port, rail, Non-process Infrastructure and mobile fleet in the Pilbara in Western Australia to achieve real zero terrestrial emissions (Scope 1 and 2) by 2030. Real zero refers to no fossil fuels and wherever possible, no offsets.