Tuesday, July 23, 2024

Long-term Fortescue mine contract allows Pilbara Aboriginal firm to dream big

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Tom Zaunmayr, National Indigenous Times (NIT)

A Pilbara Aboriginal firm has lauded a long-term Fortescue Metals Group contract which it says will lead to training for Traditional Owners and one day help build a standalone mining services company.

PKKP Enterprises in June was awarded a six-year, $19m deal to supply dry hire equipment to Fortescue’s Eliwana iron ore mine about 200km south of Karratha in WA’s Pilbara region.

The contract is one of more than $4bn worth of deals struck under Fortescue’s Billion Opportunities program since launching in 2011, $105m of which has flowed to the PKKP commercial arm.

PKKP Enterprises general manager Shaun Burgess said the longevity of the contract gave the firm and lenders confidence to grow.

Read the full story at the National Indigenous Times.

This article appeared on the National Indigenous Times on 29 August 2022.

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