Macmahon awarded Karara iron ore project railwork contract

Friday, 20 August 2010 14:37:41 (GMT+3)   |  
       

Australian Securities Exchange (ASX)-listed miner Gindalbie Metals Limited has announced that Karara Mining Limited, a joint venture company of Gindalbie and Chinese steelmaker Ansteel implementing the Karara iron ore project in Western Australia, has awarded a contract for rail earthworks and track laying to Macmahon, a Perth-based, ASX-listed contracting group.

According to a Gindalbie Metals statement, the contract, with an approximate value of $86 million, is for construction of the spur line connecting Karara to Tilley Siding, near Morawa, where it connects with the existing railway line running from Morawa to Geraldton. The track itself will be produced and supplied by Ansteel.

Macmahon, which will implement the project through its subsidiary MVM Rail, has extensive experience in surface and underground mining operations and civil infrastructure construction as well as working experience with mining giants Rio Tinto and BHP Billiton, the Gindalbie Metals statement said.


Similar articles

Daily iron ore prices CFR China - May 10, 2024

10 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 10, 2024

10 May | Longs and Billet

China’s iron ore imports increase by 7.2 percent in January-April

10 May | Steel News

Iron ore prices inch up today, but not as strong as expected after holiday

09 May | Scrap & Raw Materials

Germany’s Saarstahl to source iron ore from IOC to produce low-carbon steel

09 May | Steel News

Major steel and raw material futures prices in China - May 9, 2024

09 May | Longs and Billet

Major steel and raw material futures prices in China - May 8, 2024

08 May | Longs and Billet

Daily iron ore prices CFR China - May 8, 2024

08 May | Scrap & Raw Materials

CISA to accelerate the development of domestic iron ore resources

08 May | Steel News

Major steel and raw material futures prices in China - May 7, 2024

07 May | Longs and Billet