🕐20.04.10 - 06:45 Uhr
Mineral Resources Awarded Crushing Contract for FMG Christmas Creek
Mineral Resources
20 April 2010
ASX Announcement
Mineral Resources Awarded 19 MTPA Crushing Contract For FMG Christmas Creek
Iron Ore Project
The Mineral Resources Limited (ASX:MIN) subsidiary, Crushing Services
International, is in the process of finalising documentation on the largest
BOO crushing contract ever awarded in Australia to provide crushing and
processing services for the Fortescue Metals Group (FMG) Christmas Creek
iron ore project in Western Australia.
Substantial pre contract works have already been authorised and are
underway.
The build, own, operate (BOO) contract which includes the
design,construction, assembly and operation of a 19 million tonne per annum
crushing, washing, screening and fines processing operation forms the
initial Stage 1 circuit for the nominal 50 mtpa Christmas Creek operation
which is a key plank in the FMG iron ore growth strategy.
The contract is for a 10 year contract period and the plant has been
designed with a modular general arrangement to facilitate future upgrades
and duplication to achieve the overall projected future site tonnage
throughput.
The run of the mine feed ore shall be delivered to the ROM pad
by the FMG mining contractor and then crushed, washed and processed to
achieve an all in -8mm fines product in stockpile for future load out over
the FMG rail facility.
Peter Wade, Managing Director of Mineral Resources, said the successful
implementation of Build, Own, and Operate crushing and processing projects
is one of the companys core strengths and forms the basis of the groups
significant contacting operations.
"Mineral Resources is working on a number of significant BOO crushing and
processing contracts in Western Australia and the Northern Territory for
major blue chip resource clients and being awarded the Christmas Creek
contract is testament to our proven track record in crushing and minerals
processing operations".
"Mineral Resources looks forward to delivery of the long term production
output for the Christmas Creek iron ore project to assist FMG achieve its
long term growth targets" Mr Wade said
"The award of this contract recognizes our ability to work closely and
collaboratively with respected clients to add value to their operations."
"We expect to construct and bring into operation this state-of-the-art
crushing and processing plant for tonnage export in the first quarter of
2011" he said today.
This contract adds significantly to the base work load of Mineral Resources
contracting and processing operations for the 2011 and subsequent years and
will provide long term security and value for shareholders in both FMG and
MIN.
MIN has separately supplied and installed for FMG a 1000tph capacity HPGR
crushing circuit at the FMG Cloudbreak Operation and has also entered into
a design and construct contract for a 5000tph oversize crushing circuit
also at the Cloudbreak operation.
To download the full Research Note please click here.
http://esp.gewru.com/download/files/12414/1142507/MIN%20awarded%2019mtpa%20crushing%20contract%20for%20FMG%20Christmas%20Creek%20Iro.pdf
For further information contact:
Peter Wade
Executive Chairman / Managing Director
Telephone: (08) 9437 7000
www.mineralresources.com.au
Karen Oswald
Professional Public Relations
Telephone: (08) 9388 0944
Mobile: 0423 602 353
Email:
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