OTOC chief executive Adam Lamond.
OTOC announces $32m contract success
You have no credits left. To view this article subscribe to Business News.
You have used {{points}} and have {{current_points}} remaining. Your credits will reset on {{reset_date}}.
This article is part of a special report and is available to paid Business News subscribers only.
You can purchase access to this special report or subscribe to Business News.
You can purchase access to this special report or subscribe to Business News.
This article is premium content and is available to paid Business News subscribers only.
Subscribe to Business News.
Subscribe to Business News.
Monday, 22 October, 2012 - 14:08
Category:
Mining services provider OTOC has announced a $32 million contract win for Rio Tinto in the Pilbara.
Under the deal, OTOC will install accommodation units at Rio’s Brockman 4 operations village.
Work will commence immediately.
“The company is pleased with the award of this contract by Rio Tinto as this contract combined with a solid order book further strengthens the company’s strong competitive position going into 2013,” chief executive Adam Lamond said.
A formal contract is expected to be signed by November 5.
At close of trade today, OTOC shares were up 6.7 per cent, at 8 cents.
Companies: