AECOM wins US$20-million contract for Ravensworth Mine expansion in Australia
LOS ANGELES--(BUSINESS WIRE)-- AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it was awarded a US$20-million services contract for the construction of the US$1.4-billion Ravensworth North mine expansion project in New South Wales, Australia.
AECOM joins Xstrata Coal and Downer EDI in an alliance to deliver the project. The company will provide engineering, procurement and construction management services for the approximately US$200-million infrastructure component of the coal mine, located 12 miles west of Singleton.
“AECOM is excited about this major award that leverages our expertise in the mining sector,” said John M. Dionisio, AECOM president and chief executive officer. “These are the type of project wins that highlight AECOM’s diversified global business model – from a geographic as well as an end-market standpoint.”
Xstrata Coal is due to start exporting shipments of thermal and semi-soft coking coal in 2012. The expansion is expected to extend mining at the site for another 26 years, create 250 new jobs during the construction phase and 550 jobs during ongoing operations.
Run of mine (ROM) production at the 4-million-ton-per-year, open-cut coal mine, constructed on land adjacent to the existing Ravensworth operations, will be increased to 12 million tons per annum and feature an open-cut pit, an augmented raw-coal system, expanded coal processing plant and product coal system, refurbished and expanded mine industrial area and associated new civil infrastructure.
AECOM is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation and technical excellence in delivering solutions that create, enhance and sustain the world's built, natural and social environments. A Fortune 500 company, AECOM serves clients in approximately 125 countries and had revenue of $7.7 billion during the 12 months ended June 30, 2011. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are 'forward-looking statements' for purposes of federal and state securities laws, including any projections of earnings, statements of plans for future operations or expected revenue.Actual results could differ materially from those projected or assumed in any of our forward-looking statements.Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended June 30, 2011, and our other reports filed with the U.S. Securities and Exchange Commission.AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.