# Capital wins mining services contract for Fortescue's Ivindo project

Capital secured a mining and crushing services contract for Fortescue's Ivindo project, following a three-year drilling program. Capital plans to invest approximately $15 million in additional equipment.

- Type: Contract
- Announced: 2023-06-12
- Where: Ivindo, Australia
- Value: $15.0M
- Status: announced
- Capacity: 2 million tonnes of iron ore per annum
- Products: mining services, crushing services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Capital Limited](https://endata.com/companies/51584.md)
- [Fortescue Metals Group](https://endata.com/companies/5503.md) (customer)
- [Fortescue](https://endata.com/companies/67647.md) (customer)

## Sources

- [miningmagazine.com](https://www.miningmagazine.com/processing/news/1454346/capital-wins-contract-fortescues-ivindo), 2023-06-12: "Capital plans to use its existing equipment for the project, while also investing approximately $15 million in additional..."
- [mining-journal.com](https://www.mining-journal.com/mets/news/1454384/capital-wins-fortescue-contract), 2023-06-13: "Capital will conduct earthmoving and crushing..."

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