Written by / Agency / Source: HOCHTIEF AG
Check Ads Availability|e-mail Article

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

CIMIC's Sedgman Wins US$310M in Mineral Processing Contracts in South Africa - Sedgman, has been awarded contracts by ASX listed Resource Generation’s subsidiary Ledjadja Coal for the design, engineering procurement, construction, as well as the ongoing operations and maintenance - ASX.com.au / Sedgman.com
CIMIC's Sedgman Wins US$310M in Mineral Processing Contracts in South Africa

 

NewswireToday - /newswire/ - Sydney, Australia, 2018/08/01 - Sedgman, has been awarded contracts by ASX listed Resource Generation’s subsidiary Ledjadja Coal for the design, engineering procurement, construction, as well as the ongoing operations and maintenance - ASX.com.au / Sedgman.com. ASX: CIM

   
 
 

CIMIC Group’s mineral processing company, Sedgman (sedgman.com), has been awarded contracts by ASX listed Resource Generation’s subsidiary Ledjadja Coal for the design, engineering procurement, construction, as well as the ongoing operations and maintenance at the Boikarabelo Coal Handling and Preparation Plant (CHPP) in South Africa.

The design, engineering procurement and construction contract, and a further ancillary works contract, will generate revenue to Sedgman of approximately US$210 million1 over 26 months.

The operations and maintenance contract will generate revenue to Sedgman of US$100 million1 over the four year period post completion of the facility.

CIMIC Group Chief Executive Officer Michael Wright said: “This contract is a valued addition to our mineral processing portfolio. It reflects Sedgman’s world-leading expertise in the coal sector and its established success in delivering projects in mining jurisdictions globally.”

Sedgman Managing Director Grant Fraser said: “We are pleased to be able to deliver our whole-of-life approach to this important project building the processing plant and providing ongoing operational involvement for Resource Generation, and its South African subsidiary Ledjadja Coal.

“Our technical expertise and ability to deliver all phases of the life cycle will enable us to achieve successful outcomes for our client, whilst continuing to differentiate Sedgman in the global mining market.”

The project comprises design, civil, structural, mechanical, piping, electrical and commissioning works, as well as operations and maintenance, for the 15 million tonnes per annum CHPP located in the Waterberg Coal fields in the Limpopo Province, South Africa.

Work is expected to commence once the Boikarabelo Project Funding has been finalised, with debt providers currently in the final process of credit approvals.

1Using the exchange rate of A$1=10 ZAR/R, US$1=13.6 ZAR/R

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.

 
 
 

Written by / Agency / Source: HOCHTIEF AG

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Construction / Architecture / Infra articles,
CATCH Visitors via Your Competitors Announcements!


CIMIC's Sedgman Wins US$310M in Mineral Processing Contracts in South Africa

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
Publisher Contact: Leigh O’Dwyer - CIMIC.com.au 
+61(2) 9925 6675
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any HOCHTIEF AG securities in any jurisdiction including any other companies listed or named in this release.

Construction / Architecture / Infra via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY

Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From HOCHTIEF AG / Company Profile


Read Construction / Architecture / Infra Most Recent Related Newswires:

PCL Construction Involved with Nine of Canada’s Top Projects
VINCI Construction Wins Design-build Contract for the I-64 Link Between Hampton and Norfolk in Virginia, United States
Master Builders Solutions® Presents Innovative Portfolio of Concrete Admixtures At BetonTage Exhibition
PCL Officially Opens Sudbury Office to Serve Northern Ontario
CIMIC Group's CPB Contractors Wins m APLNG Gas Works
MAN Engines Presents Unique Range of Engines for Construction Machinery
CIMIC's UGL Secures 0M in Maintenance Services Contracts
BASF to Showcase its Novel High-Performance Insulation in First Carbon Concrete Composite Facade Elements At BAU 2019
CIMIC's Sedgman Wins 5m Coal Contract in Queensland
CIMIC's CPB Contractors Wins 6m Coffs Harbour Hospital Expansion Main Works
VINCI Airports to Acquire the Majority Shareholding in London Gatwick Airport
HOCHTIEF Secures Major Contract for Part of the New Suburban Railway Trunk Route Munich
CIMIC's CPB Contractors Wins Parramatta Light Rail Stage 1
CIMIC's Thiess Secures 0m Caval Ridge Extension
CIMIC’s CPB Contractors Wins Westconnex Rozelle Interchange

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  NAKIVO, Inc.

Visit  RightITnow, Inc.





 
  ©2019 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com newswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)