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Ann: GENERAL: DOW: Downer receives notice of awar

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    • Release Date: 18/11/13 12:54
    • Summary: GENERAL: DOW: Downer receives notice of award for Roy Hill mining contrac
    • Price Sensitive: No
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    					DOW
    18/11/2013 10:54
    GENERAL
    
    REL: 1054 HRS Downer EDI Limited
    
    GENERAL: DOW: Downer receives notice of award for Roy Hill mining contrac
    
    Media/ ASX and NZX Release
    18 November 2013
    DOWNER RECEIVES NOTICE OF AWARD FOR ROY HILL MINING CONTRACT
    
    Downer EDI Limited (Downer) announced today it had received a notice of award
    for a 4.5 year contract with Roy Hill Iron Ore Pty Ltd for the provision of
    early mining services at the Roy Hill open cut iron ore mine in the Pilbara,
    Western Australia. Under this contract, Downer will be performing pre-strip
    and supplementary mining activity over the initial years while Roy Hill will
    be predominantly undertaking mining on an owner-operator basis. The contract
    is expected to be executed by the end of November.
    
    Valued at approximately $500 million, the contract is anticipated to commence
    with infrastructure construction early in the 2014 calendar year before
    proceeding to full-scale mining in the second half of the year. The services
    to be provided include drill and blast and load and haul of overburden and
    ore.
    
    The project will involve a fleet of 18 haul trucks and two excavators, and
    will employ over 220 people. Capital required for the project will be
    approximately $110 million - $40 million for new equipment and $70 million
    provided from existing equipment. Capital will be spent in the 2015 financial
    year.
    
    The Chief Executive Officer of Downer, Grant Fenn, said Downer received the
    notice of award based on its strong capabilities, comprehensive services and
    its expanding presence in Western Australia.
    
    For further information please contact:
    
    Michael Sharp, Group Head of Corporate Affairs and Investor Relations  +61
    439 470145
    Luke Thrum, Manager Investor Relations    +61 459 828720
    
    Downer EDI Limited (www.downergroup.com) provides comprehensive engineering
    and infrastructure management services to the public and private Minerals &
    Metals, Oil & Gas, Power, Transport Infrastructure, Telecommunications, Water
    and Property sectors across Australia, New Zealand and the Asia Pacific
    region.
    End CA:00243928 For:DOW    Type:GENERAL    Time:2013-11-18 10:54:52
    				
 
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