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Weir Group Wins Record GBP 100 Million order for Australian Magnetite Iron Ore Project

Mining News - Published on Mon, 09 Sep 2019

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The Weir Group PLC, one of the world’s premium providers of highly engineered mining equipment and services, has been awarded a GBP 100 million order to provide industry-leading energy saving solutions to the Iron Bridge Magnetite Project, a joint venture between Fortescue Metals Group Ltd subsidiary FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd. The Project is located 145 killomeyer south of Port Hedland in the Pilbara region of Western Australia. The order, which includes a range of Weir crushing and pump equipment including Enduron High Pressure Grinding Rolls and GEHO pumps, will reduce energy consumption and wet tailings waste by more than 30% compared to traditional mining technologies.

The Iron Bridge project is a USD2.6 Billion investment in premium magnetite iron ore reserves with annual production, when the mine is fully operational, of 22 million wet metric tonnes per annum. Delivery of the first ore is expected in 2022.

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Posted By : Rabi Wangkhem on Mon, 09 Sep 2019
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