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NewswireTODAY - /newswire/ -
Sidney, Australia, 2018/06/15 - CPB Contractors, has been selected by BHP Iron Ore to deliver the construction of bulk earthworks, concrete and underground services for the South Flank project in Western Australia’s Pilbara region - BHP.com / CPBCon.com.au. ASX: CIM
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CIMIC Group company, CPB Contractors, has been selected by BHP Iron Ore (bhp.com) to deliver the construction of bulk earthworks, concrete and underground services for the South Flank project in Western Australia’s Pilbara region.
Revenue to CPB Contractors for this construct-only contract is approximately $260 million, with construction scheduled to commence in July and conclude in September 2020.
CIMIC Group Chief Executive Officer Michael Wright said: “CIMIC Group has delivered significant resources infrastructure projects for the major mining clients in the iron ore industry, with our team continuing to contribute to Australian mining across all sectors.
“The South Flank development works will help to ensure that the Mining Area C precinct becomes one of the largest standalone iron ore processing centres in the world, and it is our privilege to again be working with BHP to deliver high-quality assets of long-term value.”
CPB Contractors Managing Director Juan Santamaria said: “Our extensive mining and resources experience and long history in the Pilbara mean we can offer comprehensive construction capabilities, certainty of delivery, and high standards of safety and quality.
“In addition, we are focused on a procurement strategy that provides participation, employment and training opportunities for Indigenous enterprises and local businesses, towards broader community benefits.”
The South Flank development is one component of BHP’s strategy to increase the mining, processing and out-loading capacity of the Mining Area C hub. As part of the South Flank Project, CPB Contractors (cpbcon.com.au) will undertake works in and around the existing rail loop, including:
• Earthworks and concrete works to support the expansion and duplication of the existing rail loop and stockyard;
• Earthworks and concrete works for the development of a new ore processing plant and train load-out facilities; and
• Underground services, including electrical and water services, for the above work.
The Mining Area C precinct is located approximately 120km north west of Newman in the Pilbara region of Western Australia.
About CIMIC Group Limited
CIMIC Group Limited (cimic.com.au) is a world-leading infrastructure, mining, services and public private partnerships group. We have businesses in construction (CPB Contractors and Leighton Asia), mining and mineral processing (Thiess and Sedgman), operation and maintenance services (UGL), public private partnerships (Pacific Partnerships) and engineering (EIC Activities). Our mission is to generate sustainable shareholder returns by delivering innovative and competitive solutions for clients and safe, fulfilling careers for our people. With a history since 1899, and more than 50,000 people in 20 countries, we strive to be known for our principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety. CIMIC is a member of the S&P/ASX 200 index, the Dow Jones Sustainability Australia Index and FTSE4Good.
Contact: Mr Justin Grogan, Investor Relations; T:+61(2) 9925 6628.
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