CONTRACT AWARD: WEST ANGELAS EXPANSION – IMPLEMENTATION PHASE - RIO TINTO
Calibre Group Limited (ASX:CGH) (Calibre) is pleased to announce that its wholly owned engineering and project delivery business, Calibre Global Pty Ltd, has been awarded a $22m contract from Rio Tinto Iron Ore (Rio Tinto) to provide EPCM services for the implementation phase of the brownfields expansion of the West Angelas iron ore mine in Western Australia (West Angelas Deposit B or the Project).
Calibre will commence the Project immediately, with completion expected by the H1 FY2015.
The Project involves the development of West Angelas Deposit B, with the major elements to include: • Additional heavy mining equipment; • Extension to the process plant, including a new ore stacker; • Extension to existing non-process infrastructure; and • Enhancements to the site utilities and services.
Calibre’s role is to manage the implementation and commissioning of these facilities.
Peter Reichler, Calibre Group’s Managing Director welcomed the new award. “We are pleased to be able to secure this new opportunity. This continues Calibre’s long association with Rio Tinto at West Angelas, where Calibre was the EPCM provider for the capacity expansion from 16mtpa to 25mtpa in 2004-2006”.
“Calibre prides itself on its ability to stay relevant to the changing needs of its clients by working closely alongside them to help deliver their productivity and value goals”, he added.
CGH Price at posting:
44.5¢ Sentiment: None Disclosure: Not Held
