Industrea extends $76M Baralaba contract

INDUSTREA’S mining services subsidiary has extended its whole of mine contract with Cockatoo Coal’s Baralaba South mine in Queensland to the end of next year.
Industrea extends $76M Baralaba contract Industrea extends $76M Baralaba contract Industrea extends $76M Baralaba contract Industrea extends $76M Baralaba contract Industrea extends $76M Baralaba contract

The Baralaba mine.

Lou Caruana

Industrea Mining Services expects revenue of approximately $76 million from the contract with the Bowen Basin mine.

Originally awarded the contract in July 2009, following variations, the contracted works include the provision of drill and blast works together with construction of the recently completed 1:1000 year flood levee wall extension.

Industrea managing director Robin Levison said the contract demonstrated the strong working relationship between Industrea and Cockatoo Coal and was an important part of the ongoing diversification strategy for the IMS business.

“Subject to production volumes at the mine there is an option for Baralaba Coal to continue the contract services into 2014,” he said.

“We now have our key contracts across Xstrata for Black Star open cut mine, Rio Tinto Mt Thorley Warkworth, CST Mining Lady Annie and Baralaba secured under contracts out to the end of calendar year 2013.”

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