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 significant 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.