Veris recognised with Iron Bridge pipeline contract

The Iron Bridge project.

Veris Australia has won a $2 million contract to provide surveying, pipeline design, data and GIS support services at Fortescue Metals Group’s Iron Bridge magnetite project in Western Australia.

The works, to be executed under subcontract with MPC Kinetic, have already commenced and have an expected duration of 12 months.

The specific scope of works includes boundary staking, centreline set-out, feature and design surveys, level monitoring and as-built surveys for the pipeline route.

Iron Bridge is set to deliver 22 million tonnes per annum of high-grade magnetite concentrate product and is located 145 kilometres south of Port Hedland.

Veris Australia chief executive officer Michael Shirley said the contract recognised the company’s significant expertise in pipeline surveys.

“MPC Kinetic is a key client of Veris and we have a well-established relationship, having worked together on numerous pipeline projects previously, and I look forward to our team once again delivering for MPC Kinetic on this key piece of infrastructure underpinning the development of the Iron Bridge project,” Shirley said.

“We continue to take big strides forward as a business, with our recent and continued investment in leading-edge data capture technologies and visualisation platforms, which are well complimented by significant contract awards such as this.

“There continues to be a number of pipeline developments under consideration across Australia, and I am confident we are well positioned to take advantage of these opportunities and continue to provide innovative solutions through our technology.”

The Iron Bridge project is a joint venture between Fortescue Metals Group subsidiary FMG Magnetite and Formosa Steel.

Fortescue completed a technical and commercial assessment of Iron Bridge in May 2021. The assessment resulted in a revised cost of up to $US3.5 billion ($4.7 billion) for the project.

FMG Magnetite owns 69 per cent of the project while Formosa owns the remaining 31 per cent.

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