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Tags: Coal Seam Gas, LEI, Leighton, Mining Services, Thiess
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ASX Company News: Leighton Awarded $1 billion Mining Contract

Wednesday, February 8th, 2012

Thiess Pty Ltd, a subsidiary of Leighton (LEI), has been awarded a six-year mining contract to extend mining operations at OZ Minerals’ Prominent Hill Copper and Gold Mine in South Australia. With an expected cumulative value of $1 billion, the contract award ensures that Thiess will undertake the mining operations for OZ Minerals until 2018. Thiess is well underway in the planning, training and implementation of the ramp-up which requires a substantial expansion of Thiess’ existing operation, peaking at five fleets of large mining equipment.

Thiess’ Managing Director Bruce Munro is very pleased with the outcome for both OZ Minerals and Thiess. “This contract is recognition of Thiess’ strong partnership with OZ Minerals, a relationship built since 2006 when Thiess undertook the construction of infrastructure and then the mining for the greenfield operation at Prominent Hill,” Mr Munro said. Executive General Manager of Thiess’ Australian Mining Michael Wright says the expansion requires Thiess to employ an additional 170 people over coming months with the total open pit mining workforce expected to peak at 550 people. “We have been very successful with our operations at Prominent Hill, with a strong focus placed on employing and training local people, and on ensuring we have a diverse workforce with a strong culture,” Mr Wright said.

Thiess’ $2.8 billion mining business in Australia and overseas provides turnkey services for mine owners, including mine development and approvals, mine planning, infrastructure design and construction, technical services, plant procurement and maintenance, and all facets of mining operations. The Prominent Hill operations are a crucial part of Thiess’ business. Thiess has an annual turnover of $7 billion and $22 billion work in hand. With over 19,000 employees, it has become Australia’s leading and most trusted construction, mining and services contractor. Thiess is a wholly owned subsidiary of Leighton Holdings Limited.

www.thiess.com.au

Tags: Construction, LEI, Leighton, mining, Mining Services, OZ Minerals
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ASX Company News: Leighton Asia Secures $1.2 billion Hong Kong Station Contract

Friday, October 21st, 2011

Leighton Asia (LEI) in joint venture with Gammon has secured a A$1.2 billion contract from the MTR Corporation to construct the West Kowloon Terminus Station North, part of the Guangzhou-Shenzhen-Hong Kong Express Rail Link (XRL). This is the biggest and final XRL civil contract to be awarded and the fifth MTR Corporation contract secured by Leighton Asia in the past two years, giving a total value of projects of A$2.4 billion. On completion, the project will provide a world-class rail terminus and serve as an international gateway to the mainland of China with a daily pass-through of over 100,000 passengers. Facilities will include nine long-haul and six shuttle platforms, customs and immigration facilities, departure lounges, duty free and other retail outlets. A key element is a dramatic steel and glass roof structure above the entrance that will be a prominent feature of the Kowloon skyline.

Leighton Asia has the capability, experience and resource capacity across Asia to pursue additional projects with this important client with as much as A$7.6 billion of new projects expected to be released over the next five years.

Bob Cooke, Acting Managing Director of Leighton – Asia, India & Offshore, said: “We are delighted to win this landmark project with a client with whom we share a long and successful relationship. It aligns with our strategic imperative to deliver major infrastructure projects in Hong Kong, one of the most advanced infrastructure markets in the world. We are ideally suited to successfully deliver this quality project with our significant building, rail and civil infrastructure experience.”

Leighton Asia is a leading contractor in the Hong Kong market, with strong market share positions in both the civil infrastructure and building sectors. The company is strategically positioned to deliver much of the government’s annual capital works spend of over A$7.5 billion per year for the next five years. Leighton Asia is the only contractor that provides a full suite of construction and mining services across Asia, providing clients with a depth of international experience from the Leighton Group with entrenched local market knowledge.

Since establishing a presence in Asia in 1975, Hong Kong-headquartered Leighton Asia has gone from strength to strength as one of the region’s leading construction and mining service providers. Over the ye ars, we have built up a s olid track record and a s trong reputation for reliability based on a uni que co mbination o f local k nowledge an d ex tensive international experience. The XRL is a cross-boundary transport infrastructure project that will provide high-speed rail services to the commuters of Hong Kong and mainland China. In 2008, the Hong Kong SAR Government entrusted the design and construction of the XRL to the MTR Corporation after many years of planning, design and consultation. The 26-kilometre long Hong Kong section of the XRL will be underground from the terminus in West Kowloon to the boundary crossing point at Huanggang, Shenzhen.

www.leightonasia.com.au

Tags: Construction, Hong Kong Station, LEI, Leighton
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ASX Company News: Leighton Sells HWE Iron Ore

Wednesday, August 10th, 2011

Leighton Holdings Limited (LEI) announced that it has signed a Heads of Agreement for the sale of the HWE Iron Ore entities and assets that provide iron ore contract mining services to BHP Billiton in Western Australia.

Chief Executive Officer, Mr David Stewart said that BHP Billiton’s publicly stated intention to transition to an owner operator model was widely known and the potential sale of the Pilbara based iron ore assets represents a positive result for both parties. “The Heads of Agreement relates to the mining equipment, people and related assets that service the Area C, Yandi and Orebody 23/25 operations. The three operations collectively account for around 70 per cent of BHP Billiton’s iron ore mining in Western Australia and currently represent around A$1.1 billion of annual revenue and A$1.4 billion worth of work in hand for the Leighton Group,” said Mr Stewart. “The purchase price, subject to working capital adjustments and final documentation, is expected to be around A$705million. The potential sale would recognise the creation of substantial value by Leighton since it purchased HWE Mining out of administration in 2006.

Leighton Holdings Limited, founded in Australia in 1949, is the parent company of one of the world’s major project development and contracting organisations. We are also the world’s largest contract miner. Leighton Holdings is a top 40 company by market capitalisation and has its head office in Sydney, Australia. Leighton Holdings owns and operates through a number of diverse and independent operating companies: Leighton Contractors, Thiess, John Holland, Habtoor Leighton Group, Leighton Africa, Leighton Asia, Leighton Welspun India, Leighton Offshore and Leighton Properties. These operating companies provide development, construction, contract mining, and operation and maintenance services to the infrastructure, resources and property markets. They operate in more than 20 countries throughout Australia, Asia, the Middle East and Africa from headquarters in Australia, Hong Kong and Dubai.

Tags: Asset Sale, Contract Mining, LEI, Leighton, Mining Services
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ASX Company News: Thiess Secures Role In NSW Electricity Supply

Tuesday, July 5th, 2011

Thiess, a subsidiary of Leighton (LEI) is to play a more significant role in delivering electricity infrastructure in New South Wales under an alliance with one of Australia’s largest energy network providers, Ausgrid. The alliance brings together Thiess, other partners and Ausgrid as the owner participant. It will deliver transmission cable projects for Ausgrid’s five year network investment program. Ausgrid expects to provide the alliance with approximately $50 million of project work per annum with a potential value to Thiess of $210million over five years. Projects will be assigned as they become necessary and the specific terms of individual projects will be negotiated on a case by case basis. Projects include the Surry Hills to Rose Bay cable project, the Mason Park to Rozelle cable project, as well as the Willoughby to Crows Nest and North Sydney cable project.

Managing Director David Saxelby said Thiess was proud to participate in the alliance which will assist Ausgrid roll out one of the largest infrastructure programs in the nation. Ausgrid Managing Director George Maltabarow said, “About 50 percent of our major substations were built in the 1960s and 1970s, and some of our transmission cables were installed even before that. “The life span of major electrical infrastructure is around 40 or 50 years. Our electricity network has been well maintained and has performed well, however it’s now time to replace much of it from that era.

Thiess has an annual turnover of $7 billion and $22 billion work in hand. With over 17,000 employees, it has become Australia’s leading and most trusted construction, mining and services contractor. Thiess is a wholly owned subsidiary of Leighton Holdings Ltd.

Tags: Electricity Supply, Joint Venture, LEI, Leighton, Thiess
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ASX Company News: Leighton To Build New Rail Line in Hong Kong

Friday, May 20th, 2011

The MTR Corporation has appointed Leighton Asia (LEI) to deliver two major contracts for the construction of the South Island Line (East) rail project worth a total of approximately A$547 million. One of the contracts is awarded to a joint venture between Leighton Asia and John Holland Pty Limited, which expects revenues of approximately A$101 million from its share. The South Island Line (East) will be a medium-capacity railway covering approximately 7 kilometres from Admiralty Station to South Horizons Station with intermediate stations at Ocean Park, Wong Chuk Hang and Lei Tung. Spanning many different civil engineering disciplines, the contracts require Leighton Asia to construct 2 kilometres of viaduct that will form the above-ground section of the railway, a 115-metre long Aberdeen Channel railway bridge, 1.1 kilometres of tunnels, two elevated stations at Ocean Park and Wong Chuk Hang, two underground stations at Lei Tung and South Horizons and related plant and ventilation buildings. Cut-and-cover construction methods and drilling and blasting will be used for tunnelling works. When completed, the South Island Line (East) will provide fast and reliable railway service for communities in the south of Hong Kong Island and help ease traffic congestion at critical bottlenecks like Aberdeen Tunnel and the central business district. Construction works are scheduled to begin in May 2011, with an expected completion date in 2015.

“Leighton Asia has built a solid track record in rail infrastructure in Hong Kong over some three decades with a number of significant projects, including key sections of the Guangzhou-Shenzhen-Hong Kong Express Rail Link. Our significant rail and tunnelling experience makes us well suited to successfully deliver this project and we are pleased to be able to work with the MTR Corporation again,” Leighton Asia Managing Director Hamish Tyrwhitt said.

Leighton Asia is part of the Leighton Group, Australia’s largest project development and contracting group with annual revenues exceeding US$16.5 billion. Leighton Asia has been operating in Asia for over 35 years. Based in Hong Kong, the company also operates in Macau, China, Mongolia, Taiwan, the Philippines, Thailand, Vietnam, Laos, Cambodia, Indonesia, Malaysia, Singapore and Brunei. Focused on success and with a unique combination of local knowledge and international experience, Leighton Asia is the region’s international contractor of choice.

www.leightonasia.com

Tags: Construction, John Holland, LEI, Leighton, Leighton Asia, Railway
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ASX Company News: Leighton Secures Large Mining Contract In Botswana

Wednesday, April 20th, 2011

A mining joint venture, consisting of Leighton International Limited (LEI), Basil Read Mining and Bothakga Burrow of Botswana, has secured a 66 month US$586 million mining service contract with Debswana in Botswana. The contract is for the Cut 8 Phase 2 services at the Debswana diamond mine in Jwaneng, Botswana. The JV will provide mining services to deliver the Cut 8 Phase 2 contract, including mine scheduling, drill and blast, truck and shovel waste removal and limited ore mining. Over the full term of the contract, the JV will move 156 million cubic meters of material.

Leighton Holdings CEO, David Steward, said this contract is Leighton’s first mining project in Africa and a major step in the establishment of a business providing services to the mining and the resource sector in selected countries in Southern Africa.

Debswana is the world’s largest diamond producer by value, with mining operations at Jwaneng, Orapa, Letlhakane and Damtshaa. Jwaneng is one of the richest diamond mines in the world, while the Orapa pipe is the world’s second largest diamond producing kimberlite pipe. Leighton Holdings Limited (LEI) is the parent company of one of the world’s major project development and contracting organizations. It provides development, construction, contract mining and operation and maintenance services to the infrastructure, resources and property markets.

www.leightoncontractors.com.au

Tags: Construction, LEI, Leighton, Mining Services
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ASX Company News: Leighton Secures Two New Gold Mining Contracts

Friday, March 25th, 2011

Leighton Contractors (LEI) have been awarded 2 new gold mining contracts, one in Western Australia and one in the Northern Territory, totaling $317 million. The first, a $200 million contract awarded by Newcrest Mining Ltd, is for works at Telfer – one of the largest gold mines in Australia. Under the 27-month contract, Leighton Contractors will provide mining equipment, operators, maintenance and supervisory personnel, and infrastructure including workshops and offices to the project.

The second is a 3 yesr, $117 million contract for Crocodile Gold Australia Operations Pty Ltd at the Cosmo Deeps underground gold mine. The contract, commencing in April, will see the provision of complete mining services, including short-term scheduling, diamond drilling, decline and level development, ground support installation and shotcreting, production drilling, blasting and haulage. There is also provision for a contract extension, with the mine life currently estimated at 10 years.

Steven Keyser, Executive General Manager at Leighton Contractors, said the company’s existing surface and underground mining expertise and proven track record in delivering similar projects were key factors in securing the contracts.

Leighton Contractors, a wholly owned subsidiary of Leighton Holdings Limited (LEI), is one of Australia’s leading contracting and project development groups with over $12.3 billion work in hand. The company services clients across a range of industries and sectors including resources, construction, telecommunications, energy, infrastructure and facility management.

Tags: Crocodile Gold Australia, Gold Mining, LEI, Leighton, Mining Services, New contract, Newcrest Mining
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ASX Company News: Leighton Secures $150 million Gladstone LNG Facility

Thursday, March 24th, 2011

John Holland, a subsidiary of Leighton (LEI), has been awarded a $150 million subcontract for the construction for the construction of marine offloading facilities as part of Gladstone LNG’s proposed Curtis Island LNG facility. Under the subcontract, to be delivered for EPC contractor Betchel Australia Pty Ltd, John Holland will design and construct a new ferry berth, a roll on/ roll off berth, load on/ load off berth and a bulk aggregate unloading berth. Included in the contract scope are the engineering, design, procurement, supply, fabrication, transportation, erection and installation works necessary to complete the new marine facilities.

John Holland’s Group Managing Director, Glenn Palin, said: “This project will draw on our industry leading capabilities in this area, underpinning our strategic push into the LNG sector. Executive General Manager of John Holland’s Energy & Resources businesses, Brenden Petersen, said:” The marine offloading facilities are an integral part of the GLNG project. The timely completion of this facility is critical to the overall success of the GLNG project. We are proud to be entrusted to deliver this important component as it highlights our capability to undertake complex and critical infrastructure in the energy and resources sector.”

The contract builds on John Holland’s recent success in the energy and resources and minerals sector, following a recent FEED contract win for Woodside Energy’s Browse LNG development in Western Australia and the ongoing delivery of Apache Energy’s Devil Creek onshore gas plant.

Tags: Construction, John Holland, LEI, Leighton, New contract
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ASX Company News: Leighton Group Secures Hospital Contract

Wednesday, March 16th, 2011

The Al Habtoor Leighton Group (LEI), in joint venture with Murray and Roberts, has been awarded an AED2.2 billion (US$600 million) contract for the construction of Al Mafraq Hospital for SEHA, the Abu Dhabi Health Services Company.

The project, located in Al Mafraq, Abu Dhabi, will commence immediately and is due for completion in 2014. The 739-bed general hospital will be one of the leading trauma/surgery hospitals in the region, and will provide a cost-effective alternative for patients who previously had to seek specialised care overseas for neurosurgery, orthopaedics, acute rehabilitation and plastic surgery.

The joint venture’s scope of works includes construction of:

Two-storey basement including service accommodation, labs, CSSD, dining and parking
Three-storey outpatient building including clinics and auditorium facilities
Link bridge
Three-storey podium building including diagnostics, operating theatres, ER, rehab, ICU and maternity
Two nine-storey and two 11-storey inpatient towers
Peripheral buildings including substations, cooling plant, workshop, mortuary, underground tanks and service tunnels
Landscaping, infrastructure and external works

HLG CEO and Managing Director Laurie Voyer said the new project underlined HLG’s healthcare credentials. “Al Mafraq Hospital adds to the Group’s already strong track record in the construction of hospitals and healthcare facilities in both the UAE and abroad,” he said. “We look forward to working with SEHA to developing one of the leading trauma and surgery hospitals in this region.”

This is the second major healthcare project HLG has been awarded in Abu Dhabi in the past 12 months following the Arzanah Medical Complex the Group secured in April 2010.