TEXT-Downer EDI says signs contracts with Peabody
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(Below is a version of the Australian Bureau engineer Downer EDI Ltd (DOW.AX: Quote, Profile, Research)) SYDNEY, April 3 - Downer EDI Limited (Downer EDI) today announced that the company Mining Division, Downer EDI mining, long-term contracts with Peabody Pacific Pty Limited (Peabody) for the Millennium and Wambo open to the coal industry cut projects. This follows the announcement on December 21, 2007, chose Peabody Mining Downer EDI as preferred bidder for these projects. With a combined value of more than $ 1 billion over 5 years, the actual date of launch contracts shall be 1 April 2008. In the event of Downer EDI Mining Mine is a complete service for open interfaces Peabody, including mining and services on the Millennium mine is located approximately 60 km from Moranbah in Queensland and the Wambo mine is about 20 km from Singleton, New South Wales. Downer EDI Mining all work, surveillance equipment and transport for the two projects. Downer EDI is also all the facilities and equipment to provide me with coal run coal preparation for the installation from the Millennium and other facilities and equipment to support the Peabody-Equipment Wambo. Forage and work with explosives in Downer EDI Mining with explosives bulk of the company popcorning Services Group. The Chief Executive Officer of Downer EDI, Mr. Geoff Knox, said the signing of the contract marks another important milestone in the re-birth of the mining industry from a division of particularly difficult time, and it is proof of the quality of the new management team . “This prize reinforces the company’s strategy of developing long-term relationships with customers and make a greater share of their income from work again. The treaty is open for cooperation and accounting principles and it is proof the relationship Downer EDI Mining nine leaders of the team are Peabody. “In addition, and in response to the recent request, mining Downer EDI has new markets for large installations in the mining sector, the end of this year. This is an important part of our strategy is based on Contract success Peabody Awards, and provide other new contracts, “said Knox. |