- Release Date: 05/04/16 08:31
- Summary: MINE: DOW: Update on Christmas Creek Contract
- Price Sensitive: No
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DOW 05/04/2016 08:31 MINE PRICE SENSITIVE REL: 0831 HRS Downer EDI Limited MINE: DOW: Update on Christmas Creek Contract Media/ASX and NZX Release 4 April 2016 UPDATE ON CHRISTMAS CREEK CONTRACT Downer EDI Limited (Downer) announced today that it is in discussions with Fortescue Metals Group about the transition of the Christmas Creek mine to an owner operator model at the expiry of the current mining services contract on 30 September 2016. Over the course of the next six months it is Downer's intention to provide a safe and orderly handover of the Christmas Creek mine operation to Fortescue. Downer has provided mining services to Fortescue at the Christmas Creek mine since September 2010. The transition to an owner operator model at Christmas Creek is not expected to have an impact on Downer's 2016 financial results. About Downer Downer EDI Limited (Downer) is a leading provider of services to customers in markets including: Transport Services; Rail; Mining; Utilities Services; Technology and Communications Services; and Engineering, Construction & Maintenance. We build strong relationships of trust with our customers, truly understanding and predicting their needs and bringing them world leading insights and solutions. Downer employs about 20,000 people across more than 200 sites and projects, mostly in Australia and New Zealand, but also in the Asia-Pacific region, South America and Southern Africa. For more on Downer, visit: www.downergroup.com. For further information please contact: Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145 End CA:00280321 For:DOW Type:MINE Time:2016-04-05 08:31:14
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