# Outotec awarded EUR 50 million grinding mill order for Iron Bridge project

Outotec was awarded an order by Iron Bridge Operations for ten HIGmill high intensity grinding mills and services for the Iron Bridge Magnetite Project in Australia. The order value is approximately EUR 50 million.

- Type: Contract
- Announced: 2019-10-01
- Where: Australia
- Value: $55.0M (50.0M EUR)
- Status: announced
- Capacity: 22 million tonnes per annum of high grade 67% iron magnetite concentrate
- Products: HIGmill high intensity grinding mills
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Outotec](https://endata.com/companies/776.md) (supplier)
- [Fortescue Metals Group](https://endata.com/companies/5503.md) (partner)
- [Formosa Steel IB](https://endata.com/companies/7294.md) (partner)
- [Iron Bridge Operations](https://endata.com/companies/42431.md) (customer)

## Sources

- [metso.com](https://www.metso.com/corporate/media/news/2019/10/outotec-awarded-a-major-grinding-mill-order-in-australia/), 2019-10-01: "Outotec has been awarded an order by Iron Bridge Operations (IBO) for the delivery of Outotec HIGmill high intensity grinding mills and services for the Iron Bridge Magnetite Project in Australia."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.