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Ann: GENERAL: DOW: Downer awarded Commodore coal

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    • Release Date: 18/02/14 13:11
    • Summary: GENERAL: DOW: Downer awarded Commodore coal mining contract
    • Price Sensitive: No
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    					DOW
    18/02/2014 11:11
    GENERAL
    
    REL: 1111 HRS Downer EDI Limited
    
    GENERAL: DOW: Downer awarded Commodore coal mining contract
    
    Media/ASX and NZX Release
    18 February 2014
    DOWNER AWARDED COMMODORE COAL MINING CONTRACT
    
    Downer EDI Limited (Downer) today announced it had been awarded a contract by
    Millmerran Power Partners to continue the provision of mining services at the
    Commodore open cut coal mine in South East Queensland.
    
    The contract commences on 1 September 2014 and is for a five-year term,
    valued between $200-250 million, with the option for a five-year extension.
    
    Downer has been providing a total mining service at Commodore since 2000 to
    deliver coal to the Millmerran Power Station.
    
    The scope of works includes operating and managing the mine and associated
    activities, including mine planning and design, overburden removal, drill and
    blast, coal mining and rehabilitation. Downer also holds statutory
    responsibility for the mine site.
    
    The Chief Executive Officer of Downer, Grant Fenn, said the new contract was
    a clear demonstration of Downer's ability to deliver value for its customers.
    
    "We are delighted to be continuing this 14-year partnership," he said. "It is
    due to the strength of our relationship with Millmerran Power Partners that
    Commodore has become our flagship mining project in terms of environmental
    sustainability. It has been one of the first open cut coal mines in the world
    to completely switch its total fuel use to biodiesel and has also pioneered a
    program to independently verify fugitive methane emissions."
    
    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:00247113 For:DOW    Type:GENERAL    Time:2014-02-18 11:11:51
    				
 
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