Downer EDI starts the year strong with a new contract award from Rio Tinto Iron Ore. Downer has secured a five-year rail renewal services contract for Rio Tinto's rail network in the Pilbara region in Western Australia. This adds to the Downer’s existing contract for track construction and tyre management services.
“We are very pleased to continue our long-term relationship with Rio Tinto Iron Ore, now expanding the partnership to include rail renewal services.
“Our values very strongly align to Rio’s values when it comes to safety, delivery, thought leadership and relationships - this includes how we build and grow relationships and partnerships with local suppliers, contractors and the local community,” Executive General Manager of Downer’s Infrastructure Projects Mark Mackay said.
Mr Mackay added that works under this new contract will target 35 per cent local content utilisation, which is expected to include local business partnerships in order to develop a “Pilbara workshop facility” together with rail training in order to help improve the capability and skills of local suppliers.
Downer has already commence the works under this contract - which also includes the option to extend the contract duration for a further five years.
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Source: Downer Group; Australian Mining; International Mining; Mining Magazine
Following the completion of a three-year mining services contract awarded in 2015, Downer EDI has been awarded a new three-year contract valued at approximately $120 million which will get the company to continue providing mining services at the CSA underground copper mine in Cobar, New South Wales.
Stanwell Corporation Limited has re-appointed Downer EDI as contractor for the Meandu coal mine in the South Burnett region in Queensland with a new five-year mining services contract award valued at approximately $600 million.
Downer EDI Limited has signed an extension contract with Karara Mining Ltd worth approximately $350 million. This agreement extents their current six-year contract – worth $570 million – on Karara’s iron ore mine to a further four years.
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