BHP contracts Volt

A subsidiary of Volt Power Group has secured a five-year contract with BHP to replace crushing equipment across its iron ore operations in the Pilbara.

Volt’s Wescone subsidiary will replace around 20 crushers with its ‘W300 Series 4 crusher’ and provide ongoing maintenance and repair services to BHP.

Annual sales under the contract are estimated to be around $1.4 million.

Wescone spent more than 20 months developing the new crusher, Volt managing director Adam Boyd said, which achieves around 75 per cent less downtime and reduces maintenance costs.

Mr Boyd said the crusher would also resolve a number of historical crusher performance issues at BHP’s operations dating back to 2014.

"The new BHP contract will achieve enhanced long-term earnings performance for the Volt group and the additional cashflow necessary to expand our equipment fleet and deliver improved earnings growth," he said.

"The Volt board hopes the BHP contract is the first of many innovative equipment commercialisation successes for Volt in the coming months and years."

Henderson-based Volt has forecast group revenue during the second half of the calendar year to exceed $1.25 million. The company held $800,000 at June 30.