VDM Gets A$25.2 Million Construction Contract From BHP Billiton
10 Janeiro 2012 - 12:00AM
Dow Jones News
Australian construction firm VDM Group Ltd. (VMG.AU) said
Tuesday it received a A$25.2 million (US$25.9 million) contract
from BHP Billiton Ltd. (BHP) to design and build an ammonium
nitrate storage facility for the mining giant's Jimblebar
project.
The project is located in the iron ore-rich Pilbara region of
Western Australia, approximately 39 kilometers east of Newman.
VDM said in a statement work on the site is due to begin in
February and is scheduled for completion in December.
BHP is the second-largest iron ore producer in Australia after
Rio Tinto PLC. Both are investing billions of dollars to expand
production of the steelmaking ingredient in the Pilbara.
-By Robb M. Stewart, Dow Jones Newswires; +61 3 9292 2094;
robb.stewart@dowjones.com
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