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Decmil Group (ASX:DCG) - Managing Director and CEO, Dickie Dique - The Market Herald
Managing Director and CEO, Dickie Dique
Source: Business News
  • Decmil Group (DCG) has won a contract worth around $41 million for the Iron Bridge project in the Pilbara in Western Australia
  • The Iron Bridge Magnetite project is an unincorporated joint venture between Fortescue Metals Group subsidiaries FMG Iron Bridge and Formosa Steel IB
  • Under the contract, Decmil's non-mining works will include designing and constructing a bulk fuel storage and transfer facility, as well as a mobile maintenance complex
  • The company is set to begin construction this month, with completion due next May
  • Decmil Group shares closed 3.57 per cent higher at 5.8 cents

Decmil Group (DCG) has won a contract worth around $41 million for the Iron Bridge project in the Pilbara in Western Australia.

Under the contract, Decmil will fulfil non-mining process infrastructure works for the US$2.6 billion (around A$3.6 billion) Iron Bridge Magnetite project. Decmil's works will include designing and constructing a bulk fuel storage and transfer facility, as well as a mobile maintenance complex with workshops, warehouses, offices and site services.

The Iron Bridge project is an unincorporated joint venture between Fortescue Metals Group subsidiaries FMG Iron Bridge and Formosa Steel IB.

Decmil is set to begin construction this month, with completion due next May. The project is expected to deliver its first concentrate product by mid-2022.

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," he said.

Decmil Group shares closed 3.57 per cent higher at 5.8 cents.


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