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DOWNER EDI LIMITED — Capital/Financing Update 2012
Apr 10, 2012
64784_rns_2012-04-10_3867b65b-3558-4955-9e45-a67da79f61aa.pdf
Capital/Financing Update
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Media/ASX and NZX Release
11 April 2012
DOWNER WINS BLASTING CONTRACT VALUED AT AROUND $90 MILLION
Downer EDI Limited (Downer) announced today that it had been awarded a contract worth around $90 million over three years to provide blasting services to Jellinbah Group at Jellinbah Mine in Queensland’s Bowen Basin.
The base contract is for a three year term with a two year option and involves the annual provision of approximately 23,000 tonnes of explosives, as well as down-the-hole loading, shotfiring and blast design services.
Jellinbah Group is a privately owned, independent coal company with two operations in the Bowen Basin at Jellinbah and Lake Vermont coal mines.
This new contract enhances Downer Mining’s position as a leading supplier of blasting services in the southern Bowen Basin, with other contracts in the area including Ensham, Yarrabee, Blackwater and Minerva coal mines.
Downer Mining now provides over 300,000 tonnes of explosives annually to customers throughout New South Wales, Queensland, Tasmania, South Australia and Western Australia.
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, Communications, Water and Property sectors across Australia, New Zealand and the Asia Pacific region.
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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