ASX Company News: VDM Construction Awarded $25 million Contract By BHP

January 11th, 2012

VDM Group (VMG)  is pleased to announce that it has been awarded a $25.2m contract from BHP Billiton Iron Ore Pty Ltd for the design and construction of an Ammonium Nitrate Storage Facility at its Jimblebar Project. The project is located in the Pilbara region of Western Australia, approximately 39km east of Newman. The works on site are due to commence in February 2012 and are due for completion in December 2012. This contract takes the total value of work won by VDM this financial year to more than $150 million.

VDM Group is a design and construction company that services the mining, oil & gas, infrastructure, civil and transport sectors. VDM’s highly skilled engineers develop innovative technical solutions for clients and deliver projects that are cost effective, reliable and sustainable. VDM’s construction projects include mine accommodation, mine upgrades, non-process infrastructure (workshops, support buildings, etc) and lifting the world’s largest autogenously grinding mills. Contracting projects include land and marine earthworks, breakwaters, seawalls, mining services such as rock crushing, screening and ore handling, tailings dam construction. Its engineering capabilities offer structural, civil, environmental and specialised engineering services.

www.vdmgroup.com.au

http://www.traderdealer.com.au/fundamentals/vmg

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