Order to support Iron Bridge magnetite project in Australia

The Weir Group has won a £ 95 m (US$ 130 m) order to provide aftermarket components and service to the Iron Bridge magnetite project in Western Australia. The aftermarket contract follows Weir’s success in winning a record £ 100 m (US$ 136.8 m) order for original equipment for the Iron Bridge project in 2019, including its innovative Enduron® High Pressure Grinding Rolls (HPGRs) that enable dry processing of ore and use at least 30 % less energy than traditional alternatives. 

Enduron® High Pressure Grinding Roll in manufacturing
© Weir

Enduron® High Pressure Grinding Roll in manufacturing
© Weir
The Iron Bridge magnetite Project is a US$ 2.6 bn joint venture between Fortescue Metals Group’s subsidiary FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd and is located in the Pilbara region, around 145 km south of Port Hedland. Both the aftermarket order and revenues will be recognised over the seven year period of the agreement which starts in 2022, in line with the Project’s initial production.

Weir’s Enduron® HPGRs are increasingly replacing conventional mills in comminution (crushing, screening and grinding) circuits. In addition to their energy and water savings they also reduce grinding media consumption, while their wearable components last longer, reducing maintenance costs. Additionally, HPGRs contribute significantly to carbon dioxide emission savings.

This latest contract award means Weir now has more than £ 200 m (US$ 273.5 m) of orders from the Iron Bridge Project including its Enduron® HPGRs, GEHO® and Warman® pumps, Cavex® hydrcyclones and Isogate® valves. To support the project and future growth, Weir will build a new service centre in Port Hedland, in Western Australia, thereby providing employment and training opportunities in the area, with a particular emphasis on supporting greater Aboriginal representation in the broader mining workforce.

www.global.weir

Related articles:

Order for Australian magnetite iron ore project

T?he Weir Group PLC (Weir) has been awarded a £ 100 million order to provide industry-leading energy saving solutions to the Iron Bridge Magnetite Project, a joint venture between Fortescue Metals...

more
2021-06

Major order to provide energy-saving technology

T?he Weir Group has been awarded a £ 36 m (ca. € 42 Mio) order to provide industry-leading energy saving solutions to Ferrexpo, one of the world’s largest exporters of iron ore pellets to the...

more
2014-01-02

Contract in Ukraine

Weir Minerals has secured a £ 3.5 million contract to supply pumps and valves for use at the Poltava iron ore mine in Ukraine, operated by resource company Ferrexpo. Weir Minerals will supply...

more

thyssenkrupp to supply key equipment for BHP South Flank iron ore project in Australia

thyssenkrupp Industrial Solutions has been awarded one of the largest fabrication and construction projects the company has ever handled in Western Australia. Under the contract, thyssenkrupp will...

more

High Pressure Grinding Rolls in the mining sector

The Weir Group PLC (Weir) and KHD Humboldt Wedag International AG (KHD), announce that Weir Minerals has been appointed as KHD’s exclusive worldwide agent and recommended service provider for high...

more