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| Leighton Contractors earns largest contract in company history Leighton Contractors Pty Limited has been awarded a $1.3 billion contract variation to mine the Kings deposit at the Solomon Hub for Fortescue Metals Group (Fortescue). This takes the total value of work under the Solomon Hub agreement to $2.8 billion, the largest single contract award in the history of Leighton Contractors. In September 2012 Leighton Contractors secured the full service, five-year contract (with two-year extension option) to deliver whole-of-mine management at the Pilbara iron ore project. The initial award was to mine the Firetail deposit, valued at $1.5 billion. Fortescue's decision to award the Kings deposit activates the full scope of the contract. The contract includes operating and maintaining the open cut mining fleet, mine planning, ore quality control, ore processing facilities and associated infrastructure, such as the airport and village . Fortescue is providing the bulk of the capital to purchase the mining plant and equipment. The Solomon Hub, located approximately 60km north of Tom Price in Western Australia, will produce 60 million tonnes of iron ore each year from the Kings and Firetail deposits, and employ more than 1,000 people. Leighton Contractors, a wholly-owned subsidiary of Leighton Holdings Limited, is one of Australia's leading contracting and project development groups, with over $13 billion work in hand and employing more than 13,000 people across Australia, New Zealand, Papua New Guinea and Africa. write your comments about the article :: © 2013 Construction News :: home page |