23/12/2010 - 13:35

Pacific Energy signs Norilsk deal

23/12/2010 - 13:35

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Perth company Pacific Energy has signed a three-year electricity supply contract with miner Norilsk Nickel, to support the resumption of production at Norilsk's Lake Johnson mine.

Pacific Energy signs Norilsk deal

Perth company Pacific Energy has signed a three-year electricity supply contract with miner Norilsk Nickel, to support the resumption of production at Norilsk's Lake Johnson mine.

Pacific Energy subsidiary Kalgoorlie Power Systems will re-establish full scale operations at the 12 megawatt power station located at the Lake Johnson nickel project, located 350 kilometres north of Kalgoorlie.

The new contract increases KPS contracted capacity by a net 7MW. The Lake Johnson Power Station has an existing contracted capacity of 5MW providing care & maintenance and re-commissioning electricity supply to the nickel project.

Commenting on the Norilsk deal, Pacific Energy's Managing Director, Adam Boyd, said it increases KPS's contracted capacity to approximately 142MW at 15 mine sites around Australia.

"The continuing appeal of the KPS business' industry benchmark electricity supply solutions to the resources sector is great validation of the capability and reputation of KPS.

"We are particularly pleased to be partnering with Norilsk to re-establish its operating footprint in Western Australia."

"We are continuing to advance new electricity supply contract negotiations and look forward to securing new and/or expanded electricity supply contracts in 2011."

 

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