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DOWNER EDI LIMITED — Capital/Financing Update 2019
Sep 30, 2019
64784_rns_2019-09-30_02c136c8-76c2-45f7-af0a-c8be276bcd57.pdf
Capital/Financing Update
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Downer EDI Limited ABN 97 003 872 848 Triniti Business Campus 39 Delhi Road North Ryde NSW 2113 1800 DOWNER www.downergroup.com
Media/ASX and NZX Release
1 October 2019
DOWNER AWARDED CONTRACT AT GOONYELLA RIVERSIDE COAL MINE
Downer EDI Limited (Downer) announced today that it had been awarded a two year contract, valued at approximately $200 million, to provide mining and related services at the Goonyella Riverside coal mine.
The contract has provisions for it to be extended for up to a further three years.
The mine is owned by BHP Billiton Mitsubishi Alliance (BMA) and is located in Central Queensland. The scope of work to be carried out by Downer under the contract is pre-strip overburden removal and Downer will use existing capital equipment.
This contract will commence on 1 October 2019 and replaces an existing contract which commenced in 2016 and expired on 30 September 2019.
The Chief Executive Officer of Downer, Grant Fenn, said Downer was very pleased to be extending its relationship with BMA at Goonyella.
“Downer has been working closely with BMA at a number of mine sites for many years and we look forward to continuing to provide safe and productive services at the Goonyella Riverside coal mine,” Mr Fenn said.
Downer is a leading provider of mining services in Australia and its extensive Queensland operations included the Blackwater, Goonyella, Commodore and Meandu mines.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the heart of everything it does. It exists to create and sustain the modern environment and its promise is to work closely with its customers to help them succeed, using world-leading insights and solutions to design, build and sustain assets, infrastructure and facilities. Downer employs approximately 56,000 people across more than 300 sites, primarily in Australia and New Zealand, but also in the Asia-Pacific region, South America and Southern Africa. It also owns 88 per cent of Spotless Group Holdings Limited. For more information visit downergroup.com
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations
+61 439 470 145
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