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Friday, September 30, 2011

Macarthur Coal awards Codrilla contract

Friday, 30 Sep 2011

Bowen Basin miner Macarthur Coal has awarded USD 85 million contract to construct the coal handling and preparation plant at the Codrilla Coal Mine for the Coppabella Moorvale Joint Venture to mining services company Sedgman and Thiess, a subsidiary of Leighton Holdings.

The Thiess Sedgman Joint Venture will design, procure, construct and commission the plant on behalf of Macarthur with it due for completion by mid 2013 a year and a half after mining operations commence.

Sedgman relationship with Macarthur Coal spans 12 years starting with building the coal handling and preparation plant for Coppabella Mine and then for the Moorvale and Middlemount mines.

Mr Nick Jukes CEO & MD of Sedgman says the company is extremely pleased to be further strengthening this relationship with the miner.

The contract is not contingent on any outcomes of the USD 4.83 billion PEAMCoal takeover offer for Macarthur Coal.

(sourced from ABC.net.au)

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