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DOWNER EDI LIMITED — Capital/Financing Update 2011
Apr 3, 2011
64784_rns_2011-04-03_1d5dcedd-c617-4851-8c22-6b7d5eb81f93.pdf
Capital/Financing Update
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Media/ASX and NZX Release
4 April 2011
DOWNER WINS CONTRACT TO CONSTRUCT ONESTEEL PLANT
Downer EDI Limited (Downer) today announced it had been awarded a contract by OneSteel Manufacturing Pty Ltd to construct an iron ore beneficiation plant in Iron Baron, South Australia.
The EPC (engineering, procurement and construction) contract, valued at more than $60 million, is for the design, procurement, construction and commissioning of all process equipment including receival station, beneficiation tower, product stackers and associated distribution conveyors and wet circuits as well as site preparation and civil works.
The Chief Executive Officer of Downer, Grant Fenn, said that Downer subsidiary CPG Resources was the lead designer of the plant and Downer Australia would be responsible for its construction.
“This contract highlights Downer’s ability to provide customers with a broad capability for their critical infrastructure needs,” Mr Fenn said.
The project is scheduled for completion in February 2012.
CONTACT DETAILS
Investors: Ross Moffat, Executive General Manager Investor Relations T: +61 412 256 224 Media: Michael Sharp, Group Head of Corporate Affairs T: +61 439 470 145
Downer EDI Limited (www.downergroup.com) provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Road & Rail Infrastructure, Telecommunications, and Water sectors across Australia, New Zealand, the Asia Pacific region and the United Kingdom.
A Triniti Business Campus, 39 Delhi Road, North Ryde NSW 2113 P PO Box 1823, North Ryde NSW 2113 T +61 2 9468 9700 | F +61 2 9813 8915 | W downergroup.com
Downer EDI Limited ABN 97 003 872 848