FMG awards contract to CPB for works at Iron Bridge Magnetite Project

Monica Gameng   |   August 15, 2020

CIMIC Group member CPB Contractors has been awarded a new contract by Fortescue Metals Group (FMG) for works at its Iron Bridge Magnetite Project in Western Australia.

Under this contract, CPB Contractors will undertake concrete and detailed earthworks for a wet processing plant at the mine.

Works are expected to commence this year and is due to be completed in 2021.

The US$2.6 billion Iron Bridge Magnetite Project – a joint venture project between FMG Iron Bridge and Formosa Steel IB – is located in the Pilbara region, about 145 kilometres south of Port Hedland.

In addition to the FMG contract, CPB Contractors has also secured a contract from Sunwater – a Queensland Government-owned water service provider – for works to lower the spillway, with ancillary works, at Paradise Dam near Bundaberg. Work is already underway and is expected to be completed in 2021.

The contracts from FMG and Sunwater have a combined value of approximately $128 million.

“The range of work being won by CPB Contractors demonstrates the extent of the capability that we provide to clients to produce reliable, safe and efficient outcomes. We are pleased to support major corporates and governments in the delivery of these projects,” CIMIC Group Chief Executive Officer Juan Santamaria 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,” CPB Contractors Managing Director Diego Zumaquero said.


Source: CPB Contractors; CIMIC Group; Australian Mining; Fortescue Metals Group

Monica Gameng
As Felix's Marketing Assistant since 2015, Monica is responsible for researching and sharing new and progressing projects within the construction and mining sectors in Australia. It's no surprise that Monica has her finger on the pulse of Australian major projects given she has produced more than 1,000 posts. She truly is an industry expert.
Follow me:

Related Articles

MACA Civil to deliver works on $3.7bn Iron Bridge project in WA

MACA Civil has been awarded a $26 million contract to deliver bulk earthworks on the $3.7 billion Iron Bridge Magnetite Project in Western Australia that is being developed by Fortescue Metals Group’s (FMG) subsidiary FMG Magnetite and joint venture partner Formosa Steel.

$41m WA Great Northern Highway contract awarded to WBHO Infrastructure

WBHO Infrastructure has secured a $41 million contract to deliver upgrade works on the Great Northern Highway in the Kimberley region of Western Australia.

FMG awards $41m contract to Decmil for works at WA Iron Bridge project

Decmil Group has announced that it has secured a $41 million contract for works at Fortescue Metals Group’s (FMG) US$2.6 billion Iron Bridge Magnetite Project in Western Australia’s Pilbara region. 

Get the latest project news

Formerly known as the PlantMiner blog, Felix Project News is Australia's top 10 Construction blog.

Join thousands of construction and mining pros getting the best content right in their inbox.

✓ updates on Australia's pipeline of state and federal projects

✓ fresh contract awards from major contractors and builders

Complete the form to get started