FMG's $3.7 billion Iron Bridge project to create thousands of jobs
17 April 2019
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FMG and joint venture partners approve Stage 2 of Iron Bridge Magnetite Project
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$3.7 billion project to create 3,000 construction jobs and up to 900 once operational
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Local suppliers and contractors, and Aboriginal people to benefit from project
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Another sign that confidence is returning to WA's economy
Premier Mark McGowan has today welcomed the decision
by
Fortescue Metals Group (FMG) and joint venture partners to approve
Stage 2 of the
Iron Bridge Magnetite Project, paving the way for
thousands of new
jobs.
The $3.7 billion project, located 145 kilometres south of Port Hedland,
will create about 3,000 construction jobs and up to 900 jobs when
operational. It will produce the equivalent of 20 million dry metric
tonnes of magnetite ore per annum at full operational capacity.
FMG has committed to using local suppliers and contractors for products
and services, and has put in place agreements with the Njamal and
Kariyarra people to ensure it creates opportunities for local
Aboriginal
people.
Construction on the project will commence this year, with delivery of
first ore expected in the first half of 2022.
Comments attributed to Premier Mark McGowan:
"I welcome this significant announcement from FMG and congratulate them
for reaching this important milestone.
"It's another encouraging sign that confidence is returning to
Western
Australia's economy, and with thousands of jobs expected to flow from
the Iron Bridge project, this will deliver a huge boost to our State.
"This is great news for the
Pilbara and great news for Western
Australia. I look forward to working with FMG to ensure Western
Australians, particularly in the Pilbara, will reap the benefits of this
project in the years to come."
Comments attributed to Regional Development Minister Alannah
MacTiernan:
"This project marks another great leap forward for the Pilbara.
"Iron Bridge will bring world-class magnetite processing
technology to WA, driving hundreds of ongoing jobs for the region."
Comments attributed to Mines and Petroleum Minister Bill
Johnston:
"Iron ore remains one of our State's most important commodities, so this
is great news for local workers and the
WA economy.
"This project will unlock resources that were previously not able to get
to market."
--ENDS--
Source: Western Australia Government - www.mediastatements.wa.gov.au
Contact: Premier's office - 6552 5000 Regional Development Minister's office - 6552 6200 Mines and Petroleum Minister's office - 6552 6700
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