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HWE Mining awarded A$600 million contract extension at Yandi, WA

Thursday, November 22nd, 2007

Leighton Contractors announce that HWE Mining has been awarded a three-year contract extension worth approximately A$600 million at the Yandi mine in Western Australia’s Pilbara region.
The contract extension at BHP Billiton’s Yandi mine will see HWE Mining provide complete mining services at the operation from the current completion date of August 2009 until August 2012, with an option for BHP Billiton to extend the contract by a further two years.
The award of the Yandi contract extension follows a decision in June 2007 to award HWE Mining a two-year contract extension worth A$400 million to operate the Yandi mine.
Peter McMorrow, Managing Director of Leighton Contractors, said that the contract extension reflected the highly successful business partnership between HWE Mining and BHP Billiton Iron Ore that has spanned many years.
“The award of this contract is an outstanding achievement that recognises our ability to work alongside BHP Billiton in delivering mining solutions that add value to their operations,” Mr McMorrow said.
Craig Laslett, Executive General Manager of Leighton Contractors’ Mining Division, said the contract extension was an excellent result for the HWE Mining team.
“HWE Mining has a proud association with Yandi and has been providing contract mining services at the mine for BHP Billiton Iron Ore since 1991,” Mr Laslett said.
“Our team at Yandi have played a significant part in delivering a world class operation that has an exceptional safety record, and we look forward to being part of the mine’s future success.”
Henry Walker Eltin commenced operations at Yandi in 1991 with the construction of the first process plant producing 5Mtpa of iron ore. Production has increased over this period and HWE Mining now produces more than 40Mtpa of iron ore, with over 400 employees on site.
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