Commodity Origins

Iron Bridge (magnetite): an iron ore operation in Australia

Iron Bridge (magnetite) is an integrated mine and processing complex producing iron ore in Pilbara region, Western Australia (concentrate shipped from Port Hedland), Australia. The sources report 9.0 thousand tonnes, converted from million wet metric tonnes (M wmt): Iron Bridge concentrate shipped for FY2026 (Jul 2025 to Jun 2026); the basis is 100% of the joint venture, as reported by Fortescue. Measured as usable ore, whole-operation output for FY2026 (Jul 2025 to Jun 2026) is 9,000,000 tonnes: about 0.3% of world iron ore output in 2025 and about 0.9% of Australia's; it is one of 21 operations on this site whose output can be stated in usable ore.

Who owns and operates it?

Owners of Iron Bridge (magnetite)
OwnerInterestAs of
Fortescue
Held through FMG Magnetite Pty Ltd in an unincorporated joint venture.
69%30 June 2026
Formosa Steel IB Pty Ltd
Formosa Steel IB Pty Ltd.
31%30 June 2026

Interests are as stated in the sources below on the date shown. Ownership changes with deals, so a stake may have changed since the date shown.

How much does it produce?

Reported output of Iron Bridge (magnetite)
PeriodOutputBasisWhere in the source
FY2026 (Jul 2025 to Jun 2026)9.0 thousand tonnes, converted from million wet metric tonnes (M wmt): Iron Bridge concentrate shipped
Ore mined 33.0 M wmt and ore processed 9.1 M wmt are printed in the same table; the Marketing table prints Iron Bridge Concentrate shipments of 9.0 M wmt.
100% of the joint venture, as reported by FortescuePDF p.3 (Page 3 of 6), 'Iron Bridge (M wmt)' table, row 'Ore shipped', FY26 column; Marketing table, row 'Iron Bridge Concentrate' · Fortescue Ltd
FY2025 (Jul 2024 to Jun 2025)7.1 thousand tonnes, converted from million wet metric tonnes (M wmt): Iron Bridge concentrate shipped100% of the joint venture, as reported by FortescuePDF p.3 (Page 3 of 6), same row, FY25 column · Fortescue Ltd

Between FY2025 (Jul 2024 to Jun 2025) and FY2026 (Jul 2025 to Jun 2026) the reported figure rose by 26.8%, in the same unit and on the same basis.

How the usable-ore figure is worked out. Fortescue prints 9.0 million wet metric tonnes of Iron Bridge concentrate shipped in FY2026 on a 100% basis (volumes in that table are stated at 100%, with Fortescue holding 69%). Shipments are used because the report's mined and processed lines are ore feed rather than saleable product. World mine production of usable ore in 2025 was 2,600,000,000 tonnes (USGS Mineral Commodity Summaries 2026); Australia produced 980,000,000 tonnes.

The period (FY2026 (Jul 2025 to Jun 2026)) is not the calendar year of the USGS totals (2025), so the shares are approximate.

Status: ramping, as of 30 June 2026.

How does it compare?

Other iron ore operations on this site: Hamersley mines (Rio Tinto Pilbara), Hope Downs (Rio Tinto and Hancock Prospecting), Robe River - Robe Valley, Robe River - West Angelas, Iron Ore Company of Canada (IOC), Simandou Blocks 3 and 4 (SimFer), Western Australia Iron Ore (WAIO), Fortescue Pilbara hematite operations, Onslow Iron, Serra Sul (S11D), Carajas, Serra Norte, Carajas, Itabira complex. In Australia: Hamersley mines (Rio Tinto Pilbara), Hope Downs (Rio Tinto and Hancock Prospecting), Robe River - Robe Valley, Robe River - West Angelas, Western Australia Iron Ore (WAIO), Fortescue Pilbara hematite operations, Onslow Iron. See where iron ore comes from for the country totals, the country page for Australia.

Sources

Method and limits