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Ausenco Limited (AAX) has been awarded a $30 million Create phase engineering services contract for the US$1.5 billion Aktogay copper project owned by Kazakhmys plc. Kazakhmys plc. part of the FTSE 100 index, is the world’s 11 largest copper producer managing over 20% of Kazakhstan’s copper supply. Ausenco Mineral & Metals’ role involves the engineering and design of the open-pit mine and once operational it is estimated that the concentrator will produce around 100,000 tonnes of copper concentrate annually.

Ausenco CEO Zimi Meka said “The Ausenco team was excited about working on its first project for Kazakhmys. There is enormous growth potential in Kazakhstan and Kazakhmys in particular has flagged a large expansion program that we want to help deliver.” “This project further adds to our geographic diversification and positions us well to capture future growth opportunities in the mineral rich region of Central Asia.” On 8 September 2011 Ausenco announced it had received a Letter of Intent to deliver two projects worth $70 million in revenue. Aktogay is one of those projects and the contract has now been signed. Ausenco will commence work on this project immediately.

Ausenco sets high global standards for leading edge engineering and project management services in the resources and energy sectors. It is a growing company with big ambitions that thrives on reaching into new markets. Across 29 offices in 19 countries, our people seek ingenious solutions for our clients in the Energy, Environment & Sustainability, Minerals & Metals, Process Infrastructure and Program Management sectors. It is inspired to make a genuine positive impact on the world around us and in the communities in which it operates. Kazakhmys plc. is a leading international natural resources group with significant interests in copper, gold, zinc, silver, power generation. It is the largest copper producer in Kazakhstan and one of the top worldwide with 17 operating mines, 10 concentrators and 2 copper smelters. It had revenues of $3.2 billion in 2010 with Group EBITDA (excluding special items) of $2.8 billion. The Group employs some 61,000 people, principally in Kazakhstan.

www.ausenco.com

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

Ausenco Limited (AAX) has been awarded a US$7 million contract to deliver the detailed engineering for a 401 kilometre iron ore pipeline for Samarco Mineração S. A. The iron concentrate slurry pipeline is part of Samarco’s expansion and will be the third pipeline for the project. The third pipeline will link the Germano mine in Mariana, Brazil to the industrial complex at Ubú, Brazil and will have a nominal capacity of 20 mtpa. The third pipeline is due for completion by early 2014.

Samarco is a privately held Brazilian mining company, owned by BHP Billiton and Vale S.A.. Samarco produces 22.250 million tons of iron ore pellets annually, and is the second largest exporter on the seaborne iron ore pellet market in the world.

Ausenco CEO Zimi Meka said he was pleased to build on the long standing relationship his company had enjoyed with Samarco to deliver this strategically important project. “The Ausenco PSI team has a great relationship with Samarco, having participated in the design their first two pipelines which are currently the largest in the world in operation,” he said. “This contract further extends our footprint in the high growth region of South America and builds on the momentum of project wins we’ve enjoyed during the past six months.”

Ausenco sets high global standards for leading edge engineering and project management services in the resources and energy sectors. It’s a growing company with big ambitions that thrives on reaching into new markets.

www.ausenco.com

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