Downer EDI Limited today announced its Mining division has secured a further $170 million in contracts this financial year.
Downer EDI Managing Director and CEO, Geoff Knox, said that in Western Australia the Mining division had secured a 33-month contract with BHP Billion Iron Ore Pty Ltd, to quarry and crush 1.6 million bank cubic metres of fresh basalt at its Redmont Quarry southeast of Port Hedland. Mr Knox said, “This new cntract follows on from Mining’s previous contract with BHP Billiton Iron Ore at its Redmont site and we are pleased to continue our working relationship. “I am also pleased to announce the signing of a second contract in Western Australia, with the Fortescue Metals Group Ltd (Fortescue), to provide blasting services to its Cloudbreak and Christmas Creek mines as well as other deposits in the region as required,” Mr Knox said. “We have provided services to Fortescue since Cloudbreak’s start-up in 2007 and we are delighted to now formalise our continued support until 2012,” Mr Knox said. The three-year contract is for a down-the-hole loading service, which includes supply, delivery and placement of explosives. In Queensland, Downer EDI Mining has been successful in securing an extension to its Alliance Agreement with the Cracow Mining Joint Venture, managed by Newcrest Mining Limited on behalf of the joint venturers, Newcrest Mining and Lion Selection Limited. This extends the agreement relating to the Cracow underground mine until June 2011. “We have been involved with the project since its inception in 2003 and were responsible for developing the greenfield site, including establishing surface facil ities, decline and access development, and operating the new mine,” Mr Knox said. These projects take the value of new mining contracts and renewals so far this financial year to over $670 million and Downer EDI Mining’s work in hand to over $2.7 billion.
Downer EDI Limited is an Australian top-100 company that provides comprehensive engineering and infrastructure management services to the public and private transport, energy, infrastructure, communications and resources sectors, across Australia, New Zealand, the Asia Pacific region and the United Kingdom.
Tags: Dow, Downer EDI, Mining Services, New contracts
