Ansaldo STS, an Italy-based technology company operating in the railway and underground transportation sector, has, through its subsidiary Ansaldo STS Australia, been awarded a €70 million railway signaling and communications contract by Australia-based miner Rio Tinto Iron Ore.
This is the first major contract to be awarded under the framework agreement signed by Ansaldo STS and Rio Tinto Iron Ore on November 25, 2010, under which Ansaldo STS will over five years provide support for Rio Tinto's major expansion and operational efficiency projects in the iron ore-rich Pilbara region of Western Australia.
The value of the overall program of works to be undertaken by Ansaldo STS over the five-year period is anticipated to be €340 million.
The planned projects, to be performed on demand, include the introduction of electronically-controlled pneumatic braking (ECP) and enhanced signaling, train control and communication systems.
Ansaldo STS has been designing and delivering railway signalling and transportation solutions for Rio Tinto's operations in Western Australia since 1992.