Help Desk -
9717405332, 9599714297, 9810335381

Fortescue Metals awards 2 Aboriginal businesses for USD 6 million contracts

Mining News - Published on Fri, 21 Sep 2018

Image Source: Mining Global
Fortescue Metals Group signed contracts with two Western Australian Aboriginal businesses totalling USD 6 million as part of the company’s Billion Opportunities program. Kooya Australia Fleet Solutions was awarded a three-year contract for vehicle supply across Fortescue’s sites, while Thuroona Services was awarded a contract for maintenance work on Fortescue rail operations. Fortescue chief financial officer Mr Ian Wells, said that “We are proud of our positive approach to engagement with Aboriginal people and providing access to training, employment and business opportunities. By partnering with Aboriginal businesses to build their capability and capacity, we are opening the doors to future work with other organisations which is fundamental to their economic sustainability and prosperity.”

Fortescue’s Billion Opportunities program has seen 270 contracts awarded to 110 Aboriginal-owned businesses and joint ventures since 2011. The company passed the USD 2 billion milestone for the program in February this year.

In March, Fortescue then signed a landmark agreement with Perth-based Australian Aboriginal Mining Corp (AAMC) for iron ore delivery from the latter’s Wonmunna project, representing the final step in AAMC’s goal to become Australia’s first Aboriginal-owned iron ore business.

Mr Terry Riley, Thuroona director, commented on the rail deal with Fortescue, stating that it helped to bridge the gap between Indigenous and non-Indigenous Australians “by directly creating Indigenous jobs and helping to financially support that training and employment of Indigenous trainees, staff and contracts.”

Source :

Posted By : Rabi Wangkhem on Fri, 21 Sep 2018
Related News from Mining segment