Mining Capital FundsMCF Mining Approvals Index

Data as at 18 October 2026 · from Western Australian Government registers and open data

Tenement holder · Western Australia

FORMOSA STEEL IB PTY LTD

FORMOSA STEEL IB PTY LTD holds 15 current Western Australian mining tenements (2 mining leases, 9 miscellaneous licences, 4 exploration licences) covering 32,584 hectares; part of the Fortescue group.

15tenements
32,584hectares
3projects
1EPA statement
1closure plan
Open FORMOSA STEEL IB PTY LTD in the MCF Mining IndexAll holders

Parent group: Fortescue

Projects (MINEDEX)

ProjectStageOwners (MINEDEX)Its tenements
Iron BridgeOperatingFortescue Ltd 69%; Formosa Steel IB Pty Ltd 31%; China Baowu Steel Group Corporation Limited; FMG Iron Bridge (Aust) Pty Ltd; IB Operations Pty Ltd10
Pilbara Energy Generation ProjectNot ApplicableFortescue Ltd 100%; Pilbara Energy (Generation) Pty Ltd2
McAllister ChromiteNot Applicablenot recorded1

Rehabilitation liability

Its rehabilitation liability, per tenement and in total, is in the MCF Mining Index (subscribers): the Mining Rehabilitation Fund estimate, its trend since 2014, company provisions and closure-plan costs.

Mine closure plans

SiteOperatorLatest plan approvedPlan (PDF on GeoDocs)Closure year
North Star Stage 2 Phase A - Iron Bridge ProjectFortescue Metals Group LIMITED7 May 2020North Star Stage 2 Phase A - Iron Bridge Project - J03644

EPA Ministerial Statements over its ground

StatementProposalDateStatus
MS 993North Star Magnetite Project5 January 2015in force

Recent changes

DateTenementChangeDetailHolder
14 October 2026E 45/25352027-08-07Expiry 7 Aug 2026 → 7 Aug 2027FMG MAGNETITE PTY LTD

Tenements

TenementHolderStatusExpiresCommoditiesProjectHectares
M 45/1226
Mining lease
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted30 October 2033IronIron Bridge10,652
M 45/1244
Mining lease
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted21 May 2035IronIron Bridge3,150
L 45/257
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted13 September 2033IronIron Bridge232
L 45/293
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted12 October 2035IronIron Bridge508
L 45/294
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted19 November 2035IronIron Bridge2,979
L 45/359
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted9 April 2035IronIron Bridge358
L 45/366
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted21 October 203533
L 45/367
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted21 October 2035IronIron Bridge129
L 45/397
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted31 May 2039IronIron Bridge661
L 45/531
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted8 October 2041IronIron Bridge148
L 45/533
Miscellaneous licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted26 February 204157
E 45/2535
Exploration licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted7 August 2027585
E 45/3084
Exploration licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted14 October 2027Iron, Chromium, Titanium, Vanadium, Platinum group elements, PlatinumIron Bridge4,807
E 45/4606
Exploration licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDGranted3 May 20287,965
E 45/7328
Exploration licence
FMG MAGNETITE PTY LTD; FORMOSA STEEL IB PTY LTDApplication319