Fortescue restates commitment to Aboriginal businesses

15 May 2020 (Last Updated May 15th, 2020 11:54)

Fortescue Metals has restated its commitment to supporting Aboriginal communities and businesses in light of the Covid-19 pandemic.

Fortescue has awared a contract for the West Canning Basin earthworks at the Iron Bridge Magnetite Project to Cundaline Resources, a 100% Aboriginal-owned company. Cundaline will carry out the earthworks, access preparation and rehabilitation services associated with the hydrogeology drilling program for the Iron Bridge project.

Fortescue Metals CEO Elizabeth Gaines said: "Fortescue’s Aboriginal procurement initiative, Billion Opportunities, has awarded over A$2.5 billion in contracts and sub-contracts to Aboriginal businesses and joint venture partners since the program began in 2011.

"We are committed to building on this proud track record through our growth projects, Eliwana and Iron Bridge, which have already awarded over A$60 million in contracts to Aboriginal businesses.

"Importantly, Billion Opportunities is focused on building the capability and capacity of Aboriginal businesses, and it is very pleasing to see Cundaline, a business which commenced operations as a labour hire company, now expand into earthworks and mechanical maintenance contracting areas."