ASX Company News: Sedgman Mining Partners With China’s Dadi Engineering

June 12th, 2012

Leading resource sector services company and Australian Exporter of the Year, Sedgman Limited (SDM), announced they had signed a five-year Cooperation Agreement with China’s Dadi Engineering to partner on projects for Chinese mining companies entering the Australian coal market. The agreement provides the framework for the two companies to work together exclusively to tender for and secure contracts for the engineering, procurement and construction management of Chinese coal projects in Australia. The partnership will deliver more competitively priced solutions for clients by utilising selected engineering and procurement services from Dadi in China.

Sedgman Managing Director and Chief Executive Officer Nick Jukes said Sedgman is very pleased to partner with Dadi, and the signing of the agreement was the result of recent negotiations. “We have visited some of Dadi’s coal plants in China, met their senior management and engineers and witnessed innovation in action at their Design Institute. Dadi is obviously one of the most reputable engineering firms in China, and Sedgman is honoured that they have sought to partner with us on Chinese coal projects in Australia.” “We expect the partnership with Dadi to open doors for Sedgman with Chinese mining companies, and present opportunities on coal projects which we may not have otherwise realised.”

Sedgman Limited (SDM) was established in 1979 and is a leading provider of mineral processing and associated infrastructure solutions to the global resources industry. Specialising in the design, construction and operation of coal handling and preparation plants (CHPPs), Sedgman is recognised internationally for its mineral processing and materials handling technologies. Dadi Engineering is part of the Dadi Engineering Development (Group) Co. Ltd., private company in China, specialising in providing engineering services including turn-key coal processing solutions to the coal industry in China.

www.sedgman.com

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