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 20, 2024

20 May | Scrap & Raw Materials

CISA: China’s iron ore concentrate output to rise by 5-10 million mt in 2024

20 May | Steel News

India’s steel ministry working on offering incentives via iron ore beneficiation policy

20 May | Steel News

Major steel and raw material futures prices in China - May 20, 2024

20 May | Longs and Billet

Daily iron ore prices CFR China - May 17, 2024

17 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 16, 2024

17 May | Longs and Billet

Iron ore prices increase after futures rise amid better demand hopes

16 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 16, 2024

16 May | Longs and Billet

Daily iron ore prices CFR China - May 15, 2024

15 May | Scrap & Raw Materials

Major steel and raw material futures prices in China - May 15, 2024

15 May | Longs and Billet