CIMIC Group’s mineral processing company, Sedgman, has been awarded contracts with Mach Energy and QCoal to operate and maintain the Mount Pleasant and Byerwen coal handling and preparation plants in New South Wales and Queensland respectively.
The contracts have a combined value of $100 million.
The contract with Mach Energy to operate and maintain the Mount Pleasant site at Muswellbrook will generate revenue to Sedgman of approximately $75 million over three years.
The contract with QCoal to operate and maintain the Byerwen site at Glenden will generate revenue to Sedgman of approximately $25 million over one year.
CIMIC Group CEO Michael Wright said Sedgman has a strong track record of reliably operating and maintaining CHPPs, and these further contract wins highlight the company's strength in end to end mineral processing solutions.
Sedgman managing director Grant Fraser said Sedgman's strong wor...