News: Ausenco secures $25M QLD contract

  1. lightbulb Created with Sketch. 1
    .


    Ausenco Ltd (ASX:AAX) has been awarded a $25 million contract at the Isaac Plains Coal Mine in the Bowen Basin region of central Queensland. 



    The engineering and project management company says it will provide operation and maintenance services to the coal handling and preparation plant at the mine until June 2012.



    Ausenco has been operating the plant for the past three years and says the plant throughput often exceeds nameplate capacity.



    The Isaac Plains Coal Mine is a 50:50 joint venture between Aquila Resources Ltd (ASX:AQA) and Vale Australia Pty Ltd. 



    In the 2010 calendar year, Ausenco booked a net loss of $10.7 million.


 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.