08/05/2018 - 12:42

Maca wins WA work

08/05/2018 - 12:42

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Local contractor MACA has secured nearly $40 million of work, including contracts for Panoramic Resources and Sandfire Resources in Western Australia worth up to $12 million.

Maca has been awarded almost $40 million in new work.

Local contractor MACA has secured nearly $40 million of work, including contracts for Panoramic Resources and Sandfire Resources in Western Australia worth up to $12 million.

Maca has been awarded a refurbishment and maintenance contract at Panoramic’s Savannah nickel project, which is expected to generate revenue of between $5 million and $10 million.

The company said a small workforce had already begun work, with employee numbers expected to peak in June at around 25 personnel.

Maca has also secured a $2.3 million contract for a filtration upgrade at Sandfire’s Degrussa project.

The contract is expected to require about 25 workers.

Meanwhile, the company has also secured work on the east coast, with a $16 million contract for Vic Roads headlining the new projects.

The Victorian division now has approximately $34 million work in hand for the 2019 financial year.

“The pipeline for the business remains strong and the recent awards provide a forward order book to underpin the SMP and east coast civil businesses for next financial year,” Maca operations director Geoff Baker said.

Shares in Maca were off 0.2 per cent at $1.31 at 230pm AEDT.

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