SIMPEC wins $145m WA Iron Bridge Magnetite Project works contract

Monica Gameng   |   July 30, 2021
Iron Bridge Magnetite Project (cr: Mining Technology)

SIMPEC – a subsidiary of WestStar Industrial Limited – has been awarded a $145 million contract to build a Wet Processing Plant at the Iron Bridge Magnetite Project in Western Australia. 

The Iron Bridge Magnetite Project is a joint venture between Fortescue Metals Group’s (FMG) subsidiary FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd. 

“This is an important milestone achievement for SIMPEC in the delivery of our Company’s mission to deliver major projects in the industry. The award of the Wet Plant Project represents our largest contract win to date with a first-tier client. 

“To achieve this in just over 4 years of being a part of the Group is a remarkable achievement. Its proof that our people and culture are building a reputable Company that clients trust,” SIMPEC Managing Director Mark Dimasi said. 

The new contract award will get SIMPEC to deliver works that will support the development of a new mine and associated infrastructure. For this project, SIMPEC will provide vertical construction services and the company is estimating to have a workforce of about 500 personnel. 

Scope of works will include major module installation, tank installation, major mechanical installation, large bore piping as well as supply and installation of electrical and instrumentation works. 

The Wet Processing Plant is a major component of the Iron Bridge Magnetite Project and it is anticipated to help produce up to 22 wet million tonnes per annum (WMtpa) of high-grade magnetite concentrate product. 

“We look forward to further developing our relationship with the Iron Bridge Joint Venture and thank them for the opportunity to deliver such a high-profile project. 

“Thank you to the team for their dedication and efforts in securing this major award. This contract will strengthen our position in the market and allow us to continue to take our business to a new level,” Mr Dimasi said. 

SIMPEC will commence works immediately, with project completion expected by mid-2022. 

The approximately $3.5 billion Iron Bridge Magnetite Project is located 145 kilometres south of Port Hedland in the Pilbara region. This mining operation is comprised of two world-class ore bodies, namely North Star and Glacier Valley Magnetite. 

Source: WestStar Industrial Limited; Fortescue Metals Group 

New call-to-action

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

Projects
TNG Limited engages McMahon Services for works on Mount Peake mine NT

TNG Limited has engaged McMahon Services to deliver non-process infrastructure (NPI) at the Mount Peake vanadium-titanium-iron project located approximately 235 kilometres north of Alice Springs in the Northern Territory.

Projects
Proposed Vickery Coal Project in NSW to create 500 construction jobs

The New South Wales Independent Planning Commission (IPC) has given the green light to Whitehaven Coal Limited for the development of its Vickery Extension Project in the State’s north west region.

Projects
Kalium Lakes marks new milestones for its WA Beyondie Project

Following the granting of all necessary mining approvals in February 2019, Kalium Lakes Limited’s Beyondie Sulphate of Potash Project (BSOPP) in Western Australia - about 160 kilometres south east of Newman - has since then marked a number of new project milestones.

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