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BHP Group Limited — Capital/Financing Update 2009
Aug 16, 2009
14787_rns_2009-08-16_6b49e4c8-a67e-4573-8b42-a03b943406a7.pdf
Capital/Financing Update
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Coote Industrial Ltd 627 – 635 Bickley Rd Maddington WA 6109
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PO Box 270 Maddington WA 6989 ABN: 99 120 432 144
T : +61 (0)8 9251 8000 F : +61 (0)8 9452 2186 www.coote.com.au
17 August 2009
Coote Industrial Limited (CXG) Announcement
Gemco Rail awarded $8m Wagon Contract
Coote Industrial Limited is pleased to announce that key business Gemco Rail has been awarded an $8.3 million contract to design and manufacture 16 alumina rail wagons and 5 caustic soda rail tankers by BHP Billiton for its Worsley Alumina Efficiency and Growth Project.
Gemco Rail will project manage the manufacture of pressure vessels in Indonesia, with the balance of manufacturing and assembly to be conducted at its Forrestfield facility in Western Australia. Work on the contract has commenced with deliveries scheduled from Q3 FY10 through to Q2 FY11.
Coote Industrial Managing Director, Mike Coote, has highlighted the contract as an excellent opportunity for Gemco Rail to showcase its capability in the design and manufacture of purpose‐ built rollingstock, whilst building upon its successful relationship with the BHP Billiton group of companies.
BHP Billiton has previously awarded Gemco Rail with contracts for manufacture of rail trains and refurbishment of railway bogies and bearings for its North West rail operations.
About Gemco Rail
Gemco Rail is a leading Australian maintainer of freight rail wagons and is developing a steadily maturing niche capability in new locomotive, wagon and rail maintenance equipment manufacture.
Following the acquisition of RTS Group in FY09, Gemco has expanded out of Western Australia, establishing new operating sites in South Australia, Victoria, New South Wales and Queensland.
Contacts:
Mike Coote
Managing Director T: +61 (0)8 9251 8000 E: [email protected]
Mustapha Darwish
Company Secretary T: +61 (0)8 9251 8000 E: [email protected]
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