Leighton mining contract

by ArabianBusiness.com staff writer Saturday, 06 January 2007

Leighton Holdings has been awarded a US $236 million (AUD300 million) contract by OneSteel to manage iron ore mining operations in the Middleback Ranges.

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The deal extends the nine-year relationship between Onesteel and HWE Mining, which is now part of Leighton Contractors.
OneSteel’s growth initiative, Project Magnet, will see it increase the production rate of magnetite and hematite iron ore in the South Middleback Ranges to over nine million tonnes a year by the middle
of 2007.



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