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- Release Date: 17/07/13 14:14
- Summary: GENERAL: DOW: Downer Awarded $230 Million in Blasting Services Contracts
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DOW
17/07/2013 12:14
GENERAL
REL: 1214 HRS Downer EDI Limited
GENERAL: DOW: Downer Awarded $230 Million in Blasting Services Contracts
Media/ASX and NZX Release
17 July 2013
DOWNER AWARDED $230 MILLION IN BLASTING SERVICES CONTRACTS
Downer EDI Limited (Downer) today announced that Downer Blasting Services
(DBS) had been awarded $230 million in contract extensions.
DBS was awarded three-year contract extensions with Yancoal Australia Ltd
(Yancoal), Sojitz Corporation Ltd (Sojitz) and Saracen Mineral Holdings Ltd
(Saracen), each comprising complete down-the-hole services.
The award of these contracts covers a further extension at the existing
operations of Moolarben, Yarrabee and Ashton, as well as the additional site
of Duralie. Since signing its first contracts with Yancoal in 2006, DBS has
loaded over 80,000 tonnes of explosives at Yancoal sites without a single
lost time injury.
DBS also secured contract extensions at Sojitz's Minerva Mine and Saracen's
Carosue Dam Mine for the provision of down-the-hole services and product
supply.
The Chief Executive Officer of Downer, Grant Fenn, said these contract
renewals demonstrated DBS' ability to build effective partnerships and
deliver value for its customers.
"This is the third renewal of some of our Yancoal and Sojitz contracts and
the second renewal of our Saracen contract," Mr Fenn said. "This is a
positive reflection on both the strength of our relationships with our
customers and the quality of our service delivery. We are delighted to be
continuing these successful partnerships for another three years."
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.
Downer Blasting Services is one of the largest blasting services providers in
the Australian mining industry. It employs about 400 people and provides
innovative blasting solutions to over 20 projects across Australia with a
fleet of over 50 Mobile Processing Units and four state-of-the-art
emulsion-manufacturing facilities.
End CA:00238678 For:DOW Type:GENERAL Time:2013-07-17 12:14:46
(20min delay)