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Global diversified engineering services and project management group, Ausenco Limited’s (AAX) 50% owned Ausenco Taggart Joint Venture was today awarded an $8 million contract to deliver engineering for the coal handling and preparation plant (CHPP) for the extension at Kestrel Mine, located near Emerald in Central Queensland. The CHPP forms part of the $1.3 billion Kestrel Mine Extension for the Kestrel Joint Venture (Rio Tinto 80% and Mitsui 20%).

Ausenco CEO Zimi Meka said “This contract is an important win for our Ausenco Taggart Joint Venture given the future opportunities in the global coal sector. This award also builds on our existing relationship with Rio Tinto and Mitsui and follows last month’s award to Ausenco of the Project Construction Management contract for the Kestrel Mine Extension.”

Ausenco sets high global standards for leading edge engineering and project management services in the resources and energy sectors. We’re a growing company with big ambitions that thrives on reaching into new markets. Across 32 offices in 20 countries, our people seek ingenious solutions for our clients in the Energy, Environment & Sustainability, Minerals & Metals, Process Infrastructure and Program Management sectors. We’re inspired to make a genuine positive impact on the world around us and in the communities in which we operate.

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Ausenco Limited (AAX) today announced it has been awarded a US$130 million Engineering, Procurement and Construction (EPC) contract to complete the Kinsevere Stage II copper project for Anvil Mining Limited (AVM).  This contract award follows the recent recommencement in July 2009 of the provision of engineering and design services at Kinsevere, as well as the successful US$200 million debt and equity refinancing of Anvil, completed in December 2009.

Ausenco CEO Zimi Meka said “Ausenco has been working collaboratively with Anvil to finalise the well advanced engineering and procurement activities on the project and define a mutually agreeable scope and terms of the EPC contract. “Finalising the successful conversion of our engagement to EPC from the previous engineering and design services contract has taken slightly longer than we had envisaged. Nevertheless it recognises the successful efforts of both teams and represents an important opportunity and an indication of increasing confidence in the base metals sector. “Generally, tendering and pre-qualification activities on a range of potential project opportunities has increased in recent weeks and we remain confident of Ausenco’s growth into 2010 and 2011.”

The Kinsevere project was suspended in late 2008 when engineering was substantially complete and the majority of major procurement contracts had been let. Ausenco recommenced providing engineering services in July 2009. The Kinsevere project is a 60,000 tpa SXEW copper project, located 30 km north of Lubumbashi, the provincial capital city of the southern Katanga province in the Democratic Republic of Congo (DRC). Kinsevere is majority owned and operated by the Australian based mining company, Anvil Mining Limited.

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Global diversified engineering services group, Ausenco Limited (AAX) today announced the signing of an agreement with C.I. Prodeco S.A. to perform US$25 million of engineering for early works and detailed design as part of the Puerto Nuevo coal export terminal first phase development in Ciénaga, Colombia. The multi-user terminal development, a significant part of the US$1 billion Prodeco coal project development, will provide a key export gateway for Colombia’s third largest producer of export coal. The decision to progress from the current early works to EPCM delivery is subject to satisfactory outcome of the current early works phase. Prodeco comprises of a high-grade thermal coal mining and shiploading operation and associated infrastructure. Prodeco consists of two open pit coal mining operations (the Calenturitas and La Jagua complexes), export port facilities at Puerto Zuñiga and shared ownership in a railway. Prodeco presently produces 14 Mtpa of export thermal coal predominantly for the European and United States power generation markets.

Ausenco’s Chief Executive Officer Mr Zimi Meka said “The agreement represents an important milestone in the development of this state of the art coal terminal facility. Working collaboratively with the Prodeco team, Ausenco and Sandwell are looking to unlock the longer term value for Prodeco on this key greenfield infrastructure development project. Ausenco currently has an extensive and diverse pipeline of study and EPCM opportunities, in excess of US$18 billion. As we look to a stronger 2010 and 2011, we continue to see the emergence of a number of key projects to the next stage of project development. Ausenco’s global reach and services and commodity diversity is positioning it strongly to deliver projects in key resource markets like South American coal.“

The Ausenco group provides world leading engineering, project management and operations solutions to the global resources and energy sectors. From 26 offices in 13 countries, the group combines expertise, experience and resource capabilities to deliver innovative solutions to the minerals, process infrastructure, energy, and consulting and environmental sectors across the full project lifecycle, from front end solutions, through innovative engineering and EPCM delivery to operational support.

www.ausenco.com

Global diversified engineering services group, Ausenco Limited (AAX) today announced the signing of an agreement with Minera Esperanza to perform US$8 million of multi- disciplinary support and field supervision on the US$1.9 billion Esperanza copper project  development in the Antofagasta region in Chile.  Ausenco’s Process Infrastructure business, through Pipeline Systems Incorporated (PSI), is performing the services during the construction phase of the Esperanza project which follows the detailed engineering services already performed for the same client during 2007/2008.

Ausenco Chief Executive Officer, Mr Zimi Meka, said “The awards to our PSI business recognise the work performed for Minera Esperanza during previous phases and supports our desire to extend our services to existing clients wherever possible.” The Esperanza project consists of a seawater pipeline and a concentrate pipeline crossing  145 km of the Atacama Desert from 2,300 metres above sea level to the Pacific seashore. The project will produce copper, gold, silver and molybdenum and is expected to complete by the fourth quarter 2010.

The Ausenco group provides world leading engineering, project management and operations

solutions to the global resources and energy sectors. The group combines expertise, experience and resource capabilities to deliver innovative solutions to the minerals, process infrastructure, energy, and consulting and environmental sectors across the full project lifecycle, from front end solutions, through innovative engineering and EPCM delivery to operational support.

www.ausenco.com