Weir Group wins record £100m mining order

Glasgow-based engineering giant Weir Group said on Friday it has been awarded a £100 million order to provide energy saving solutions to the $2.6 billion Iron Bridge Magnetite Project in Western Australia.

The Iron Bridge Magnetite Project is a joint venture between Fortescue Metals Group Ltd subsidiary FMG Magnetite Pty Ltd and Formosa Steel IB Pty Ltd.

The project is located 145km 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.

Weir Group CEO Jon Stanton said: “We are delighted to have secured this landmark contract, which is Weir’s largest-ever individual mining order. 

“Fortescue challenged us to help create one of the most energy and cost-efficient magnetite ore processing facilities in the world. 

“Our engineers have worked relentlessly to design a solution that is truly innovative – delivering significant energy, water and cost savings.

“This is a great example of working in close partnership with an ambitious customer who shares our passion for using innovative engineering to make mining more productive and sustainable.”

About the Author

Mark McSherry
Dalriada Media LLC sites are edited by veteran news journalist Mark McSherry, a former staff editor and reporter with Reuters, Bloomberg and major newspapers including the South China Morning Post, London's Sunday Times and The Scotsman. McSherry's journalism has also appeared in The Washington Post, The Guardian, The Independent, The New York Times, London's Evening Standard and Forbes. McSherry is also a professor of journalism and communication arts in universities and colleges in New York City. Scottish-born McSherry has an MBA from the University of Edinburgh and a Certificate in Global Affairs from New York University.