MANAGEMENT

Peabody picks BTPE

AUSDRILL subsidiary BTP Equipment has received a letter of intent from Peabody Energy for the award of a preferred equipment supply contract to the US coal miner’s Australian mines.

Noel Dyson
The coal handling and preparation plant at Peabody's North Goonyella operation.

The coal handling and preparation plant at Peabody's North Goonyella operation.

BTPE will supply 68 pieces of equipment including 250t trucks; Caterpillar D11 and D10 dozers; Caterpillar 785 and 777 water carts; Caterpillar 16M graders; and ancillary service trucks and loaders.

The equipment is going to Peabody mines in the Hunter Valley and Bowen Basin.

The supply is based on a combination of dry hire and fully maintained dry hire.

The contract – which is still to be negotiated and signed – is to be for a four year period, subject to annual renewals.

BTPE general manager peter Lock said this was the largest equipment supply contract for the company since Ausdrill acquired it in 2012.

He expects it to generate substantial revenues for BTPE and Ausdrill.

“It builds on our existing work with Peabody, where BTPE has been supplying equipment at Peabody mine sites for the past 14 months,” Lock said.

“This has been augmented by another Ausdrill subsidiary, DT Hiload, which supplies them with lightweight truck trays, while we have also held initial discussions regarding Drilling Tools Australia supplying drilling consumables and drill trials on Peabody sites.”

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