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Sydney, Australia, 2017/05/04 - CIMIC Group’s mineral processing company, Sedgman, has been awarded a contract by Heron Resources Limited to deliver the Woodlawn zinc-copper processing facility and associated infrastructure - CIMIC.com.au. ASX: CIM
The engineering procurement and construction (EPC) contract will generate revenue to Sedgman of approximately $107 million over 18 months.
CIMIC Group Chief Executive Officer Adolfo Valderas said: “The contract for this zinc-copper crushing and processing facility is a further example of CIMIC Group’s strategy to expand through diversifying by commodity or geography.
“The contract enhances Sedgman’s position as a global mineral specialist with a balanced commodity portfolio.”
Sedgman Managing Director Michael Carretta said: “We are pleased to be working with Heron Resources on one of the key Australian base metal projects.
“Leveraging both technical and commercial innovations, Sedgman has been able to add value for our client and differentiate ourselves in the market, further cementing our position as a leading resource sector EPC provider.”
The project comprises civil, structural, mechanical, piping, electrical and commissioning works for the zinc-copper crushing and processing facility at the former Woodlawn Mine site located 30km south of Goulburn NSW.
Works are expected to commence in mid-2017.
About CIMIC Group Limited
CIMIC Group Limited (cimic.com.au) is one of the world’s leading international contractors and the world’s largest contract miner. CIMIC Group has operations that have been in existence since 1934, was listed on the Australian Securities Exchange in 1962 and has its head office in Sydney, Australia. CIMIC provides construction, mining, mineral processing, engineering, concessions, and operation and maintenance services to the infrastructure, resources and property markets. It operates in more than 20 countries throughout the Asia Pacific, the Middle East, North and South America and Sub-Saharan Africa and, as at 31 December 2016, employed approximately 50,500 people directly and through its investments.
Contact: Ms Marta Olba, Group Manager Investor Relations; T: +61(2) 9925 6134