WestStar Industrial Limited announced its engineering contractor business SIMPEC has commenced major construction activities on the Iron Bridge Magnetite Project Wet Processing Plant. The Project is a joint venture between Fortescue Metals Group subsidiary FMG Magnetite Pty Ltd. and Formosa Steel IB Pty Ltd. SIMPEC has commenced first steel erection for the development of the new mine and associated infrastructure for Iron Bridge, situated approximately 145km south of the town of Port Hedland in Western Australia's Pilbara region. The Wet Processing Plant is a significant part of the new magnetite mine which will be central to the production of 22 Wet Million Tonnes Per Annum (WMTPA) of high grade, magnetite concentrate product.