Lycopodium wins part FMG contract

Engineering firm Lycopodium says it has been awarded part of an optimisation contract by Fortescue Metals Group for work on the Cloudbreak iron ore mine in the Pilbara.

The announcement is below:

CLOUDBREAK MINE SERVICES

FMG has awarded Lycopodium Minerals Pty Ltd part of the EPCM scope to optimise the Cloudbreak plant to treat wet ore.

The scope of Lycopodium's work has not been determined at this stage but it is not expected to have any material effect on the company's results at year end.