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SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Capital/Financing Update 2012
Oct 22, 2012
65884_rns_2012-10-22_0ab7572e-ac04-4a7d-be52-09e1557e9f23.pdf
Capital/Financing Update
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SOUTHERN CROSS
ELECTRICAL
ENGINEERING LIMITED
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ASX RELEASE
23 October 2012
Notice of award of contract
Southern Cross Electrical Engineering Ltd (ASX:SXE) is pleased to announce it has been awarded a contract for the Supply and Installation of the Electrical and Instrumentation package at Rio Tinto’s Cape Lambert Port Expansion. This contract follows Southern Cross Electrical Engineering being awarded a Framework Agreement in September 2011.
SXE Managing Director, Simon High, said “Rio Tinto is a core client for Southern Cross Electrical Engineering and we are very pleased to be awarded the Cape Lambert Port B scope. This is the first project to be awarded to Southern Cross Electrical Engineering under this Framework Agreement, which we look forward to executing over the coming months.”
The Cape Lambert Port B project comprises the construction of a new port facility to the existing Cape Lambert Port facility. This will involve construction of new train unloading infrastructure, stockyard and new shiploading facilities, including a new wharf. Sinclair Knight Merz (SKM) is the EPCM provider on the Port expansion project.
The contract value is approximately AU$100 million with work to commence immediately on the project and conclude in September 2013.
About SCEE
Southern Cross Electrical Engineering Limited specialise in the construction, commissioning and maintenance of Electrical, Control and Instrumentation services to the resource sector. For further information please contact:
Simon High Managing Director/Chief Executive Officer Southern Cross Electrical Engineering Ltd Telephone: +61 (08) 9236 8300 Email: [email protected]
Chris Douglass Chief Financial Officer Southern Cross Electrical Engineering Ltd Telephone: +61 (08) 9236 8300 Email: [email protected]