BGC wins $350m contract extension

BGC Contracting has won a three-and-a-half year extension to its mining contract at Atlas Iron’s Wodgina iron ore mine in the Pilbara.

Perth-based BGC said the contract has been extended to February 2016 and is worth $350 million in revenue over this period.

Wodgina is one of three iron ore mining contracts held by BGC in WA, with the others at Cliffs’ Koolyanobbing mine in the Yilgarn and Moly Mines’ Spinifex Ridge mine in the Pilbara.

BGC is also expanding into South Australia, having been awarded a five-year contract at Arrium’s South Middlebank Ranges iron ore mine. This contract is due to commence in November.

BGC Contracting has annual turnover in excess of $700 million and more than 1600 employees nationally, on both mining and civil construction contracts.

It is part of Len Buckeridge's BGC Group.