# ABB wins $35.6M AUD contract for Fortescue's Iron Bridge Magnetite Project

ABB won a $35.6 million AUD contract to supply water-cooled variable speed drives and high voltage induction motors for Fortescue's Iron Bridge Magnetite Project in the Pilbara, Western Australia. The project is expected to be completed in the first half of 2022.

- Type: Contract
- Announced: 2020-11-18
- Where: Pilbara, Western Australia, Australia
- Value: $26.0M (35.6M AUD)
- Status: announced
- Capacity: 22 million wet tonnes per annum of magnetite concentrate
- Products: water-cooled variable speed drives, high voltage induction motors
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [ABB](https://endata.com/companies/1547.md)
- [ABB](https://endata.com/companies/1547.md) (supplier)
- [Fortescue Metals Group](https://endata.com/companies/5503.md) (customer)
- [Formosa Steel IB](https://endata.com/companies/7294.md) (partner)

## Sources

- [new.abb.com](https://new.abb.com/news/detail/70832/abb-wins-35-6million-aud-contract-for-fortescues-iron-bridge-magnetite-project-in-australia), 2020-11-18: "We have worked closely with the Iron Bridge team to ensure that we delivered an energy efficient, reliable and innovative solution."
- [miningmagazine.com](https://www.miningmagazine.com/tag/equipment-order), 2020-11-19: "Aiming to reduce energy needs at the plant."

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