Indigenous Company to Provide Mining Equipment Adapted from Information by Fortescue Metals Group Ltd. Fortescue Metals Group Ltd. has signed a major agreement with Nyamal Holdings to provide mining equipment for the company’s Iron Bridge Magnetite Project in Pilbara, Western Australia. The $18 million agreement, which builds on contracts already awarded to Nyamal businesses since 2019, will see Nyamal Holdings initially provide five contour drill rigs, one stemming loader, and two platform rigs to Fortescue. This will grow to include six additional platform rigs over the next two years to meet the Iron Bridge mine plan. Fortescue Metals Chief Executive Officer Fiona Hick said, “The drill and blast program at Iron Bridge represents one of the most crucial aspects to achieving maximum throughput in the processing plant. We are pleased that we have been able to partner with Nyamal to deliver this important capability. “From the outset, Fortescue has been focused on practical initiatives that drive economic and employment opportunities for Indigenous Australians. Contracts like this support the growth of Indigenous businesses, enabling them to build capability which in turn provides ongoing economic benefits to communities.” The Iron Bridge Magnetite Project first achieved production in May 2023, and is the company’s first magnetite mine. Unlike other projects, this mine will transport wet concentrates through an 80-mile specialist slurry pipeline to Port Hedland where dewatering and materials handling will convert the slurry into a high-grade magnetite product. Nyamal Aboriginal Corporation Chair Gavin Mitchell said, “Nyamal Holdings are excited to secure this significant contract for the Nyamal people enabling us to own the fleet which will provide ongoing training and employment opportunities for Nyamal members. Nyamal Aboriginal Corporation have strong and ongoing engagement with Fortescue, and we are pleased that through this contract we are able to build on this longstanding relationship.” Danny Brown, CEO Nyamal Aboriginal Corporation; Travis McPhee, director of Nyamal Aboriginal Corporation and Nyamal Holdings; Fiona Hick, CEO Fortescue Metals; Graham Howard, general manager Iron Bridge; Martin Drage, group manager Aboriginal Business Development; and Gavin Mitchell, chair Nyamal Aboriginal Corporation and director for Nyamal Holdings. 15 OCTOBER 2023 WorldWide Drilling Resource® EXB Looking for Events? Click on this box in our online issue worldwidedrillingresource.com
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