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12 Aug
14:05

FMG signs Iron Bridge construction contract with CIMIC

Australia’s Fortescue Metals Group (FMG) has signed a construction contract for the Iron Bridge project with CPB Contractors, a CIMIC Group company. CPB Contractors will deliver concrete and detailed earthworks for a wet processing plant at Iron Bridge. The project will start this year and is expected to be completed in 2021, Kallanish notes. The Iron Bridge magnetite project is 69% invested by FMG Iron Bridge (FMG IB) and 31% by Formosa Plastics Group. FM…
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