- Release Date: 17/12/13 17:07
- Summary: GENERAL: WKS: Downer wins Yandi contract
- Price Sensitive: No
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WKS 17/12/2013 15:07 GENERAL REL: 1507 HRS Works Finance (NZ) Limited GENERAL: WKS: Downer wins Yandi contract 17 December 2013 DOWNER WINS YANDI CONTRACT Downer EDI Limited (Downer) today announced it had received a Notice of Award for a contract valued at approximately $80 million for electrical work on the Yandi Sustaining Project. The contract is with Hamersley Iron Pty. Limited, which is part of the Rio Tinto group of companies. The Yandicoogina iron ore mine site ("Yandi") is located in the central Pilbara region, approximately 100 kilometres northwest of Newman in Western Australia. Downer will undertake the electrical and instrumentation component of the new process infrastructure at Junction South West and Junction South East, as well as upgrades to the existing facilities at Junction Central and stockyards. The Chief Executive Officer of Downer, Grant Fenn, said Downer was pleased to build on its strong relationship with Rio Tinto and its expansion in the Pilbara. Work will commence on site in early 2014 and is expected to be completed in March 2015. For further information please contact: Michael Sharp, Head of Corporate Affairs and Investor Relations +61 439 470145 Sonja Stockton, Manager Corporate Affairs +61 437 766483 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:00245302 For:WKS Type:GENERAL Time:2013-12-17 15:07:09
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