Skip to main content

AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

DOWNER EDI LIMITED Capital/Financing Update 2012

Jul 10, 2012

64784_rns_2012-07-10_70ae8642-81df-459c-846e-1be20bc38268.pdf

Capital/Financing Update

Open in viewer

Opens in your device viewer

==> picture [137 x 28] intentionally omitted <==

Media/ASX and NZX Release

11 July 2012

DOWNER AWARDED NEW MINING SERVICES CONTRACT

Downer EDI Limited (Downer) today announced it had been awarded a long-term rolling contract with TEC Coal Pty Ltd, a wholly owned subsidiary of Stanwell Corporation Limited, to provide mining services at Meandu Mine in South East Queensland.

The cost reimbursable contract, which has an initial term of five and a half years, will commence in January 2013 and have a value in the range of $600 million to $800 million.

Downer will provide a total mine service to TEC Coal. This includes mine management, planning, drilling, overburden removal (including dragline and truck-and-shovel operations), coal mining, coal processing, rehabilitation, and maintenance of mobile and fixed plant.

TEC Coal will provide the majority of the required plant and equipment.

For further information please contact:

Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470145 Luke Thrum, Manager Investor Relations +61 459 828720

Downer EDI Limited (www.downergroup.com) provides comprehensive engineering and infrastructure management services to the public and private Minerals & Metals, Oil & Gas, Power, Transport Infrastructure, Telcommunications, Water and Property sectors across Australia, New Zealand and the Asia Pacific region.

==> picture [596 x 27] intentionally omitted <==

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