Fortescue has hit a new milestone at its Iron Bridge magnetite project in the Pilbara region of Western Australia, marking first ore feed into the processing plant.
With first production anticipated in the March 2023 quarter, Iron Bridge will see the world’s fourth largest iron ore miner deliver an enhanced product range and create 900 new jobs.
Significantly, it could become one of Fortescue’s first fossil fuel free sites, enabled by the recently announced US$6.2 billion decarbonisation investment to achieve real zero Scope 1 and 2 emissions by 2030.
“The nature of the Iron Bridge ore bodies and Fortescue’s innovative use of a dry crushing and grinding circuit together contribute to the project’s operational efficiency across energy, water use and cost,” the miner said.
Iron Bridge, located 145 kilometres south of Port Hedland, will deliver 22 million tonnes per annum of high grade 67% Fe magnetite concentrate. The project is an unincorporated joint venture between Fortescue’s subsidiary FMG Magnetite Pty Ltd (69%) and Formosa Steel IB Pty Ltd (31%).