Located south of Collinsville at the northern end of the Bowen Basin, Sonoma is owned by a joint venture consisting of Australian coal producer Q Coal, US iron ore producer Cliffs Natural Resources, Japan’s JFE Shoji, a Taiwanese steel producer, China Steel and Watami Trading.
Sedgman Coal chief operating officer Steve van Barneveld said the contract was a direct result of the company’s successful delivery of Sonoma’s original coal handling and processing plant.
“Sedgman will design, construct and commission the upgrade, which will improve plant efficiency, performance and yield at the existing facility when completed in the second half of 2009,” van Barneveld said.
This year in the coal industry Sedgman has won a $50 million contract for a new plant in Chile, a $20 million contract from Energy Resources for a new plant in Mongolia, and a $13.6 million contract for a plant upgrade at New Hope’s New Acland open cut coal mine in Queensland.
In December last year it also secured a $25 million contract to design and construct an upgrade to Rio Tinto Coal Australia’s Bengalla coal handling and preparation plant in New South Wales.
Sedgman said it had a $4.3 billion pipeline of targeted opportunities.
The company was trading down 2.9% midday today at $1.