Maddington-based Brierty has secured a $10.8 million contract to upgrade the access road to Gindalbie Metals' Karara Iron Ore project in the mid west.
Maddington-based Brierty has secured a $10.8 million contract to upgrade the access road to Gindalbie Metals' Karara Iron Ore project in the mid west.
The civil contractor will start the road construction this month.
All revenue from the contract is expected next financial year.
The contract scope includes upgrading 52 kilometres of road from Morawa to Karara, including widening and overlay, and stabilisation of flood-ways.
Brierty acting CEO Tony Bevan said the company was pleased to secure a second contract in the mid-west in recent months.
"Brierty's solutions-focused approach, technical know-how and customer responsiveness enable us to deliver genuine value to the mining industry," said Mr Bevan.
Gindalbie is developing the Karara Project though a 50:50 joint venture with Chinese steel producer, AnSteel.
Gindalbie managing director Garret Dixon said the recent award of mine infrastructure contracts such as the road upgrade was another example of how the development of the Karara Project was providing benefits to the whole mid west region.
See full company statement below:
Civil contractor Brierty Limited (ASX: BYL) has secured a contract for the upgrade of the access road to the Karara Iron Ore Project in Western Australia's mid-west region.
Gindalbie Metals (ASX: GBG) is developing the Karara Project through a 50:50 Joint Venture with Chinese steel producer, AnSteel.
Brierty will commence the $10.8m road construction contract this month, with all revenue from the contract expected in FY11.
The contract scope includes upgrading 52kms of road from Morawa to Karara, including widening and overlay, and stabilisation of flood-ways.
Brierty Acting CEO Tony Bevan said the company was pleased to secure a second contract in the mid-west in recent months. The latest contract win follows the recently awarded Mt Gibson Iron Ore access road contract.
"Brierty's solutions-focused approach, technical know-how and customer responsiveness enable us to deliver genuine value to the mining industry," said Mr Bevan.
"We have established a solid reputation for successfully delivering transportation and mine-site infrastructure projects for both private and public sector clients across WA and the NT.
"This contract win reaffirms our position as a contractor well suited to meeting the needs of WA's existing and emerging mining companies."
Construction has already commenced on the Karara Iron Ore Project, located 225km east of Geraldton, with first production scheduled for mid-2011.
Gindalbie Managing Director Garret Dixon said the recent award of mine infrastructure contracts such as the road upgrade was another example of how the development of the Karara Project was providing benefits to the whole Mid West region.
"WA-based Brierty has worked closely with us to provide the best solution to support safe and efficient access to the mine-site," said Mr Dixon.
Mr Bevan said Gindalbie was a key client in an industry and region of strategic interest to Brierty and the Company was focused on ensuring excellent outcomes were achieved on the project.
