re: Ann: Downer EDI Secures over $400 million... Here it is.
Downer EDI Limited Level 3, 190 George Street T +61 2 9240 9000
ABN 97 003 872 848 Sydney NSW 2000 F +61 2 9240 9056
PO Box N6 92 W www.downeredi.com
Grosvenor Place NSW 1220
Company Announcements Platform
Australian Securities Exchange and New Zealand Stock Exchange
10 November 2009
DOWNER EDI SECURES OVER $400 MILLION WORTH OF NEW CONTRACTS
Downer EDI Limited (Downer) today announced its Engineering division has secured more than
$400 million worth of contracts including a two-year contract valued at $170 million with
Wesfarmers Curragh Pty Ltd (as a significant component of the expansion of its Curragh Mine in
Central Queensland) and more than $90 million worth of contracts with BHP Billiton Iron Ore at its
Rapid Growth Phase 5 Project in Western Australia.
Downer has also secured more than $70 million worth of electrical and instrumentation contracts
for the Woodside Pluto LNG Project and additional electrical contracts with clients totaling more
than $75 million.
Downer EDI Managing Director and CEO, Geoff Knox, said the new contracts demonstrate the
robustness of the Group’s business model and provide a sound indication of the prevailing
opportunities for the company in the mining, oil and gas, and petrochemical industries.
“These wins reinforce Downer’s position as a leading provider of mechanical and electrical
contracting services,” Mr Knox said.
“The Curragh project, scheduled to commence in December this year, includes design and
construction of a stand alone coal-processing facility to increase the mine’s total processing
capacity to 2300 t/h. The project also involves tie-ins to existing brownfields infrastructure.
“We have also further grown our long-term relationship with BHP Billiton, securing contracts totaling
more than $90 million with BHP Billiton Iron Ore, to provide electrical and instrumentation services for
the Rapid Growth Phase 5 Port Handling Services Project at Port Hedland,” Mr Knox said.
...1/2
The company’s work-in-hand remains in excess of $16 billion.
< ENDS >
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