October 31, 2020

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Decmil to build bulk fuel storage facility for Iron Bridge Magnetite Project

Decmil Group Limited (ASX: DCG), a prominent construction company based in Osborne Park, Western Australia, has been awarded the contract for an ambitious bulk fuel storage and transfer facility construction project in the Pilbara region of Western Australia.

Under the scope of works, Decmil will design and construct a bulk fuel storage and transfer facility, a mobile maintenance complex, including workshops, warehouses and related satellite office and site services facilities.

The ~ AUD41 million (USD30 million) contract is for the USD2.6 billion Iron Bridge Magnetite Project, an unincorporated joint venture between Fortescue Metals Group subsidiary FMG Iron Bridge Ltd and Formosa Steel IB.

Construction is scheduled to commence in September 2020 and will be completed by May 2021.

The bulk fuel storage and transfer facility will provide a refuelling facility for heavy vehicles, while the mobile maintenance complex includes a heavy vehicle workshop that incorporates locker storage, tool storage and an administration area.

Decmil CEO Dickie Dique said the company was delighted to secure works at one of Australia’s most significant mining projects.

“Crucially, this award at such a major project enhances our credentials to potentially secure more work in a resurgent iron ore and magnetite sector,” Dique said.

The project is anticipated to deliver the first concentrate product by mid-2022.

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