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BHP Group Limited — Capital/Financing Update 2008
Mar 26, 2008
14787_rns_2008-03-26_30ee0fcb-8e7a-49a2-8c91-c1306ea8b26a.pdf
Capital/Financing Update
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Media Statement 27 March 2008
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Macmahon Awarded $42M Rail Contracts
Macmahon Holdings Limited (ASX:MAH) and its subsidiary MVM Rail Pty Ltd (MVM Rail) have been awarded approximately $42 million of contracts to provide seven kilometres of rail track servicing BHP Billiton Iron Ore rail operations in the Pilbara Region of Western Australia.
This project involves both brownfield and greenfield earthworks as well as drainage and roadwork on four sections of rail line at Newman Loop, Orebody 25, Jimblebar Wye and Jimblebar Mine.
This contract is the first project where Macmahon and MVM Rail will construct both earthworks and trackworks on sections of rail line for BHP Billiton Iron Ore.
The award of these contracts follows the signing, in December 2007, of the contract to construct the extensive foundations for the new crushing and screening plant at BHP Billiton’s “Newman Hub” as part of BHP Billiton Iron Ore’s Rapid Growth Project 4.
The project is expected to commence work in April, with completion scheduled for October 2008.
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Media contact: Patrick Abbott Acting Group Public Affairs Manager Tel: 0418 103 527
Macmahon is an Australian contracting group, operating in the Civil Construction and Mining sectors. The company, which has offices in Perth, Brisbane, Darwin, Sydney and Kuala Lumpur, employs more than 3,000 people throughout Australia, New Zealand and South East Asia.
Macmahon Holdings Ltd ABN 93 007 634 406
Level 3 1 Adelaide Terrace East Perth WA 6004 PO Box 198 Cannington WA 6987 Telephone: (08) 9365 1111 Facsimile: (08) 9365 1186 Web: www.macmahon.com.au Email: [email protected]