14/11/2012 - 13:03

MACA building order book with more contract wins

14/11/2012 - 13:03

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Mining contractor MACA has added to its recent contract success, winning two fresh contracts with Atlas Iron at the Abydos iron ore mine in the Pilbara.

MACA will perform mining services, including civil infrastructure works and open pit services at Abydos, with operations to commence early next month.

The contractor said it would also take on crushing and screening works at Abydos, with that contract to commence in June next year.

MACA operations director Geoff Baker said the two contracts would generate revenue of around $200 million over the next year and a half.

 “We are delighted to have been awarded a further two contracts with Atlas, building on the existing relationship with Atlas at its Pardoo and Mt Dove operations,” Mr Baker said in a statement.

“We look forward to continuing to support Atlas with their growth objectives.”

Mr Baker said MACA had won $600 million in new and extended works over the last 6 months and in excess of $450 million over the past fortnight, including a letter of intent from Regis Resources, taking its current work in hand position to in excess of $1.5 billion, the highest in its history.

At 1:00PM, WST, MACA shares were down nearly 1 per cent, trading at $2.08. 

STANDING BY BUSINESS. TRUSTED BY BUSINESS.

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