Leighton Contractors Pty Limited (LEI) has received formal notification as preferred contractor for the mining and operations at the Solomon iron ore project, owned by Fortescue Metals Group Ltd.
Leighton Contractors and Fortescue have reached agreement within a limited notice to proceed (LNP) to facilitate the continuation of negotiations regarding the five-year mining and operations contract. The LNP also provides for pre-mobilisation activities and early services for the project, including works for operational readiness and full mine management. A decision by Fortescue on contract award is expected sometime in June 2012. Solomon is located approximately 60km north of Tom Price and forms part of the ‘Solomon Hub’, a pivotal component of Fortescue’s expansion plans that are targeting 155 million tonnes per annum in 2013.
Leighton Contractors, a wholly owned subsidiary of Leighton Holdings Limited (LEI), is one of Australia’s leading contracting and project development groups with over $10.8 billion work in hand and employing more than 10,000 people across Australia, New Zealand and Papua New Guinea. The company delivers projects for clients across the infrastructure, mining, telecommunications, civil construction, industrial, energy, health and services sectors. Leighton Contractors’ Mining Division is the mining leader in Australia. It runs one of the largest fleets of mobile plant and equipment and has more than 4,000 people delivering a full range of world-class projects across all areas of mining and mine services. The Division’s expertise encompasses everything from mine planning, site and project logistics, to materials handling, engineering, construction, operation and maintenance of sites. Currently, it operates across iron ore, coal and gold at open-cut and underground operations in Australia and New Zealand.