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- Release Date: 11/07/12 14:19
- Summary: GENERAL: DOW: Downer Awarded New Mining Services Contract
- Price Sensitive: No
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DOW
11/07/2012 12:19
GENERAL
REL: 1219 HRS Downer EDI Limited
GENERAL: DOW: Downer Awarded New Mining Services Contract
Media/ASX and NZX Release
11 July 2012
DOWNER AWARDED NEW MINING SERVICES CONTRACT
Downer EDI Limited (Downer) today announced it had been awarded a long-term
rolling contract with TEC Coal Pty Ltd, a wholly owned subsidiary of Stanwell
Corporation Limited, to provide mining services at Meandu Mine in South East
Queensland.
The cost reimbursable contract, which has an initial term of five and a half
years, will commence in January 2013 and have a value in the range of $600
million to $800 million.
Downer will provide a total mine service to TEC Coal. This includes mine
management, planning, drilling, overburden removal (including dragline and
truck-and-shovel operations), coal mining, coal processing, rehabilitation,
and maintenance of mobile and fixed plant.
TEC Coal will provide the majority of the required plant and equipment.
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, Telcommunications, Water
and Property sectors across Australia, New Zealand and the Asia Pacific
region.
End CA:00224839 For:DOW Type:GENERAL Time:2012-07-11 12:19:13
(20min delay)