Civmec secures A$330 million iron ore project in Western Australia

CONSTRUCTION and engineering services provider Civmec announced on Monday (Jan 9) that it has secured a A$330 million (S$304 million) contract for mining company Rio Tinto’s Western Range Project.

The iron ore project, located at the Paraburdoo site in the Pilbara region of Western Australia, will include the construction of a new Run of Mine (ROM) pad, primary cruising facility, overland conveyancing circuit, as well as modifications to the coarse ore stockpile and downstream conveying system.

Civmec added that the package of works will utilise most of the company’s in-house capabilities.

Said chief executive officer Patrick Tallon: “The fact that we will be utilising our manufacturing facilities to supply our construction site teams, across several disciplines, strongly aligns with our business model to provide multi-disciplined solutions for our clients.

“This allows us to start the new year with an order book in excess of A$1.15 billion.”

Off-site work will begin immediately and mobilisation to the site is due to commence in mid-2023. The project will employ more than 400 people on site and is scheduled for completion in the first half of FY25 ending Jun 30, 2025.

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Shares of Civmec closed 0.9 per cent or S$0.005 higher at S$0.575 on Monday, before the announcement.