Fortescue hands BGC construction contract at Eliwana
January 6, 2020News Salomae Haselgrove
Image: Fortescue Metals Group
Latest News
NRW Holdings’ newly-acquired subsidiary BGC Contracting has secured a major infrastructure contract with Fortescue Metals Group in Western Australia.
- National Group expands fleet with six Cat D11 dozers
- Kalamazoo returns high-grade result at Victorian prospect
- Independence Group lets Panoramic takeover offer go
- Northern Star becomes Super Pit joint owner
The $138 million contract will support the development of 143 kilometres of rail for the Eliwana iron ore mine and rail project in the Pilbara region.
BGC’s works will include constructing 65 kilometres of rail formation such as earthworks, roadworks, drainage works and bridge and precast structure construction.
Mobilisation is set to commence soon, when an expected peak workforce of 400 people will use more than 140 pieces of major plant for the work process.
NRW, which acquired BGC in November 2019, is pleased to have attracted a large contract within the first two months of owning the company.
“Following the successful acquisition of the BGC Contracting business, NRW’s operational delivery capabilities in the Pilbara are further enhanced,” NRW chief executive and managing director Jules Pemberton said.
“Through the additional of the highly skilled BGC workforce, together with the strong technical skillset, (the company) can safely and successfully deliver the large bridges and concrete structures required on the project.”
NRW and BGC have a combined workforce of around 6000 people and NRW has welcomed BGC’s fleet of over 200 pieces of mobile mining equipment into its service upon acquisition.
Fortescue approved the $1.69 billion Eliwana project in the 2018 financial year. The company then gained environment protection authority approval in June 2019, with construction starting in early July.
The Eliwana project will feature a new 30 million tonnes per annum dry ore processing facility, allowing Fortescue to maintain a production rate of 170 million tonnes per year over the next 20 years.
This project construction is set to complete in late 2020.
To keep up to date with Australian Mining, subscribe to our free email newsletters delivered straight to your inbox. Click here.
Related Stories
- Forums
- ASX - By Stock
- FMG
- Day to Day ops FMG.
Day to Day ops FMG., page-24
-
-
- There are more pages in this discussion • 2 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add FMG (ASX) to my watchlist
|
|||||
Last
$18.49 |
Change
0.175(0.96%) |
Mkt cap ! $56.62B |
Open | High | Low | Value | Volume |
$18.48 | $18.57 | $18.35 | $53.63M | 2.904M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
21 | 8599 | $18.48 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$18.49 | 1156 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
22 | 6696 | 18.480 |
19 | 10699 | 18.470 |
15 | 8399 | 18.460 |
11 | 19590 | 18.450 |
11 | 7643 | 18.440 |
Price($) | Vol. | No. |
---|---|---|
18.490 | 8780 | 26 |
18.500 | 18048 | 33 |
18.510 | 9996 | 15 |
18.520 | 11459 | 20 |
18.530 | 16723 | 15 |
Last trade - 12.56pm 27/08/2024 (20 minute delay) ? |
Featured News
FMG (ASX) Chart |
The Watchlist
SBW
SHEKEL BRAINWEIGH LTD
Dani Nadri, Country Manager Australia
Dani Nadri
Country Manager Australia
SPONSORED BY The Market Online