australia : engenco bags $4 million contract for roy hill ... · snl financial lc perth,...

65
Australia : ENGENCO bags $4 MILLION contract for ROY HILL project third time 175 words 16 April 2014 Mena Report MENREP English © 2014 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company Engenco declared that it has been awarded a contract worth $4 million for supplying rail workers and train drivers for the Roy Hill iron ore project in the Pilbara. The company has inked a deal with Leighton subsidiary John Holland, as subcontractor to Samsung C & T, for specialist railroad labour through Engenco's Perth-based Momentum business. It is expected that the work on the contract will be commenced in May with completion in 12-18 months. The contract is a significant win for Engenco, demonstrating the company's considerable expertise in the rail industry, said Engenco managing director Ross Dunning, Our Momentum business has been able to capitalise on our existing relationships at the Roy Hill project and provide a tailored solution to meet John Holland's needs. He added, This contract provides us with significant opportunities to increase our services to John Holland Group and Roy Hill, and we look forward to helping to develop this large iron ore project.

Upload: others

Post on 31-May-2020

1 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : ENGENCO bags $4 MILLION contract for ROY HILL project third time

175 words

16 April 2014

Mena Report

MENREP

English

© 2014 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Engenco declared that it has been awarded a contract worth $4 million for supplying rail workers and train

drivers for the Roy Hill iron ore project in the Pilbara. The company has inked a deal with Leighton

subsidiary John Holland, as subcontractor to Samsung C & T, for specialist railroad labour through

Engenco's Perth-based Momentum business. It is expected that the work on the contract will be

commenced in May with completion in 12-18 months. The contract is a significant win for Engenco,

demonstrating the company's considerable expertise in the rail industry, said Engenco managing director

Ross Dunning, Our Momentum business has been able to capitalise on our existing relationships at the

Roy Hill project and provide a tailored solution to meet John Holland's needs. He added, This contract

provides us with significant opportunities to increase our services to John Holland Group and Roy Hill,

and we look forward to helping to develop this large iron ore project.

Page 2: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Roy Hill chooses Aconex software

Fraser Beattie

225 words

16 April 2014

Business News

WABN

English

© Copyright 2014 Business News Pty Ltd.

Roy Hill Holdings has selected construction project management software firm Aconex to provide its

services to the company's iron ore mining project in the Pilbara.

Aconex provides software that allows project teams to manage and respond to contractual

communications, share and update documents and drawings, and execute project-defined workflows for

process control and document reviews and approvals.

Aconex general manager, Australia and New Zealand, Steven Brant said the mine was a complex project

with a wide range of stakeholders and multiple assets to be built.

"The Aconex platform will enable the company to control business documentation for improved efficiency

and accuracy while managing risk and regulatory compliance," he said.

"We look forward to helping the entire project team follow best practices in collaborative information

management so that the mine and its supporting operations start production on schedule."

Roy Hill and the majority of its contractors are using software Aconex provided as a single source of

project information management and collaboration.

The software will assist Roy Hill in both the construction and operation phases of the project.

The Aconex software is currently being used by 23 different organisations involved in the project, and this

number is likely to grow as additional operational contracts are engaged.

The first shipment of iron ore is scheduled for export in 2015.

Page 3: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

NRW Holdings Secures Roy Hill Package One Works Contract

107 words

17 April 2014

Australian Company News Bites

NBAXCN

English

Copyright 2014 News Bites Pty Ltd. All Rights Reserved.

AUSTRALIAN COMPANY NEWS BITES

SOURCED FROM INFORMATION LODGED WITH THE AUSTRALIAN STOCK EXCHANGE

NRW Holdings announced that it has been awarded a contract by Samsung C & T Corporation for

construction of the Package One Works at Roy Hill. The proposed scope of works includes Concrete and

detailed Earthworks for the Processing Plant, Stockyard, Overland Conveyors and Crushing areas. The

works have a scheduled duration of 12 months with manning on site estimated to peak at 660 personnel.

The contract has an approximate value of $200m. <pdflink name="Please click here for full details'

page="1"/>

Source: Morningstar

Page 4: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Provide of Grade Control Drilling for Roy Hill iron ore project

114 words

4 April 2014

Mena Report

MENREP

English

© 2014 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Contract Awarded to Provide of Grade Control Drilling for Roy Hill iron ore project in the Pilbara. Two

Reverse Circulation rigs from the eight rig fleet, will be utilised for the first two years, adding another in the

third year of the contract. Ranger Drilling maintains consistent growth in all divisions of the business

including Grade Control, RC Exploration, Water Monitoring and Diamond Drilling despite the tightening in

the market. Contract Value: 18 million Contract Period: three years with a two-year option. Contract

Award Date: Oct 2013 Contractor name : RANGER DRILLING Contractor address : 9B Berriman Dr,

Wangara WA 6065, Australia country :Australia

Page 5: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Engineering Procurement & Construction (EPC) of Roy Hill Iron Ore Project

172 words

4 April 2014

Mena Report

MENREP

English

© 2014 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Contract Awarded for Engineering Procurement & Construction (EPC) of design and construction of the

Port Marine Works in of Roy Hill Iron Ore Project. The marine portion of the project is located in Port

Hedland, where the company has already constructed a number of similar facilities. The Roy Hill marine

project consists of a two berth iron ore load out wharf in SW Creek, connected with an approximately

3600m long elevated overland conveyor to the ore stockyard. Besides the wharf and the overland

conveyor the scope of work includes an abutment, a drive station, three transfer stations and all SMPE&I

(structural, mechanical, piping, electrical & instrumentation). Site work is due to commence later this year

with an overall completion date of mid 2015. Contract Value: $455 million.

Contract Award Date: Oct 2013 Contractor name : MCCONNELL DOWEL Contractor address : PO Box

6065, Hawthorn West Victoria 3122, Australia Agency : Samsung C&T Seoul, South Korea

www.samsungcnt.com country :Australia

Page 6: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Construction of the rail bridges for the Roy Hill Iron Ore Project.

204 words

4 April 2014

Mena Report

MENREP

English

© 2014 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Contract Awarded for Construction of the rail bridges for the Roy Hill Iron Ore Project. Centrals is a

leading provider of civil and remedial construction contracting services to the mining & resources, energy,

infrastructure, marine, manufacturing, industrial and commercial sectors. Centrals The subcontract,

valued in excess of S100M, is for the construction of eleven bridges along the proposed 340km rail line

from the Roy Hill Mine to their port and stockyard facilities near Port Hedland. This includes eight bridges

over waterways, two bridges of existing rail lines and one bridge over an existing haul road. The contract

is scheduled to commence in October 2013 and complete in December 2014 and will employ more than

160 personnel at its peak. Centrals plan to self-execute the majority of works but are pleased to be

working again with their long term indigenous contracting partner, Pilbara Logistics, who will be providing

a number of support services to the project.

Contract Value: $100 Million Contract Period: October 2013 and complete in December 2014 Contract

Award Date: Oct 2013 Contractor name : SAMSUNG C&T Contractor address : Seoul, South Korea

Agency : Centrals Australia country :Korea, Republic of

Page 7: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

ROY HILL POWER CONSTRUCTION CONTRACT TO UGL

296 words

1 April 2014

Mining Business Media

MIBMED

English

Copyright 2014. Mining Business Media Pty Ltd. All Rights Reserved

Perth, Apr 1

The engineering arm of Australian international diversified services group UGL has won the $A136M

contract to design, procure and construct the high voltage power system to service Hancock

Prospecting’s Roy Hill iron ore mine in the Pilbara region of Western Australia.

The contract was awarded by Alinta Energy under its long-term agreement to supply all the electrical

power requirements of Roy Hill Iron Ore Mines.

UGL will be responsible for the concept development, design, construction, testing and commissioning of

the 120km of 220kV single circuit transmission line from Newman to the mine, substations and 6MW

reciprocating diesel engine power station at the mine.

MD-CEO Richard Leupen said the project reflected UGL’s reputation as a leading power systems

contractor and developer of high-voltage power infrastructure.

“Across the infrastructure sector, we are encouraged by improving levels of activity with strong growth in

UGL’s tendering pipeline, particularly in power, transport systems and rail infrastructure projects,” he

said.

Early works have begun with completion expected in March 2015.

UGL Limited

Exchange Code:ASX:UGL Website:http://www.ugllimited.com

Page 8: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

International company based in Sydney, Australia, UGL is a diversified services group operating in the

sectors of construction, engineering, facilities management and corporate real estate

Hancock Prospecting Pty Ltd

Website:http://www.hancockprospecting.com.au

Private company of Australian magnate Gina Rinehart, with major iron ore and coal operations in Western

Australia and Queensland

Roy Hill Holdings Pty Ltd

Website:http://www.royhill.com.au

The company is focused developing the Roy Hill Project, a world-class iron ore deposit in the Pilbara

region of Western Australia. Australian mining magnate Gina Rinehart's private company, Hancock

Prospecting, is the majority owner of Roy Hill Holdings

Page 9: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Report: Emergency response firm ERS wins A$30M contract at Hancock's Roy Hill iron ore project

Francis Jonathan Roy

125 words

27 March 2014

SNL Metals & Mining Daily: West Edition

SNLMMDW

Issue: 79844

English

Copyright 2014. SNL Financial LC

Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to provide

emergency response services at the Roy Hill iron ore project in Western Australia's Pilbara region, The

West Australian reported March 25.

Under the terms, ERS will provide up to 65 personnel equipped with 20 specialist vehicles, including rapid

intervention vehicles and fire trucks.

"This will make it one of the largest single emergency response contracts in Australia," ERS Managing

Director Scott Houston reportedly said.

The Roy Hill project is 70% owned by Hancock Prospecting Group, with Marubeni Corp., POSCO and

China Steel Australia Ltd. holding the rest.

Page 10: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Marubeni Corporation - Signing of Project Finance Agreements for the Roy Hill Iron Ore Project in

Australia

332 words

26 March 2014

ENP Newswire

ENPNEW

English

(c) 2014, Electronic News Publishing. All Rights Reserved.

Release date - 24032014

We are pleased to announce that Roy Hill Holdings Pty Ltd, an Australian company jointly owned by

Marubeni Corporation, Hancock Prospecting Pty Ltd, POSCO and China Steel Corporation, with

Marubeni holding a 15% stake, signed a US$7.2 billion project finance contract for the development of the

Roy Hill Iron Ore Mine in Australia on March 20, 2014.

This project finance contract has been signed with a consortium of export credit agencies (Japan Bank of

International Cooperation, Nippon Export and Investment Insurance, Export-Import Bank of Korea, Korea

Trade Insurance Corporation, and the Export-Import Bank of the United States) and international

commercial banks. RHH completed the arrangement of the financing for the full amount of the

development cost of the Project by signing this contract. Marubeni believes that this has achieved one of

the most important milestones toward the completion of the Project.

RHH has been carrying forward the development of the Project through capital contributed by the

shareholders. In March 2013, it appointed Samsung C&T Corporation as the EPC contractor and has now

entered the full-scale development stage after having completed the engineering and procurement stage.

This project finance facility will be used to fund the remaining development cost including the cost for

mine, processing plant, rail and port facility development.

The Project is developing a world class, low cost, fully integrated open pit mine, accompanied by rail and

port facilities and will deliver 55Mtpa of high quality iron ore lumps and fines to the global seaborne iron

ore market. The expected high grade iron ore products from this mine are much anticipated from steel

mills including those in Japan. Marubeni will continue to support RHH for its stable iron ore supply.

Contact:

Page 11: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

IWASIMA Hirokazu General Manager Media Relation Tel: (03) 3282 - 4803

[Editorial queries for this story should be sent to [email protected]]

Page 12: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Brookfield Multiplex Commences Work on NPI Facility at Roy Hill

605 words

18 March 2014

ENP Newswire

ENPNEW

English

(c) 2014, Electronic News Publishing. All Rights Reserved.

Release date - 13032014

Brookfield Multiplex has works well underway on a $73 million Non Processing Infrastructure facility at the

Roy Hill mine, works commenced at the completion of its $200 million accommodation village late last year.

The NPI contract includes the design and construction of a heavy and light vehicle workshop, wash down

facilities, a boilermaker workshop, tyre change area, lube farm, services including power water and waste

water treatment and associated infrastructure and distribution, administration buildings including Go-Line

facilities and a gatehouse.

The group's specialist Engineering and Infrastructure (E+I) division is expected to undertake work in three

stages, with the handover of Go-Line administrative buildings by the 2nd quarter this year, followed by the

gatehouse midyear and all other mine services buildings staged and complete by early 2015.

The NPI precinct is located within the total mine footprint and within 10 km from the mine process plant

and within proximity to the 2,000 dwelling accommodation village, ensuring ease of accessibility for

workers

The facility is being built to service a fleet of up to approximately 142 pieces of equipment vehicles, and

will house approximately 250 staff.

Brookfield Multiplex WA Regional Managing Director Chris Palandri said the NPI precinct was the 'engine

room' of the mine, providing essential facilities and services for a smooth operation.

'The NPI is a critical component of the Roy Hill project. Because the mine is situated in such a remote

region - about 100km from the nearest town - it's imperative that provisions for the maintenance of

vehicles and the administration and care of staff is readily available on site,' he said.

Page 13: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

'The fleet service and repair facilities will ensure efficient transport of product and personnel across the

mine, while the administration buildings will include training rooms, medical services and storage, to

assist staff to safely complete their work.

'This is the second E+I contract for the Roy Hill project for Brookfield Multiplex, following the completion

late last year of the mine accommodation village. We aim to exceed expectations and to ensure that the

NPI facility will mirror the success of that project, which was delivered on time, on budget and of excellent

standard.

'We have a track record in delivering highly complex and technical projects such as energy plants and are

able to transfer this knowledge to non-process infrastructure projects', said Mr Palandri. The

accommodation village is now home to more than 1000 staff, as work continues to ramp up on a variety

of mine related assets and services. 'Roy Hill is focused to export its first ore in September 2015, so it's all

hands on deck from our team to complete all of our contracted work by early next year in preparation for

that milestone,' he said.

'The feedback about the accommodation village has been excellent - the workers are saying that the

rooms are comfortable, private and appropriate for the climate, and they are making the most of the top-

class recreational facilities - including pools, a gymnasium and BBQ areas.

Over 50 years Brookfield Multiplex has completed more than 810 projects across the globe worth about

$54 billion.

The Brookfield Multiplexcontracting business currently has a $9.4 billion global workbook across 50

projects spanning a variety of sectors including mining, rail, water, residential, tourism and leisure, health,

retail, commercial and education.

Contact:

Brookfield Multiplex L22, 135 King St Sydney, NSW 2000 Australia Tel: +61 2 9322 2000 Fax: +61 2

9322 2001

[Editorial queries for this story should be sent to [email protected]]

Page 14: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Laing O’Rourke appointed to Roy Hill

244 words

6 March 2014

ENP Newswire

ENPNEW

English

(c) 2014, Electronic News Publishing. All Rights Reserved.

Release date - 05032014

Laing O’Rourke will go to work on the largest single-pit mining operation in Australia.

Roy Hill is a $10 billion iron ore project, 70 percent owned by Gina Rinehart’s Hancock Prospecting,

which will stretch 34 kilometres long and 17 kilometres wide in Western Australia’s Pilbara region.

Laing O’Rourke has just been awarded Package 3 by Roy Hill’s EPC contractorSamsung C&T - a

contract involving the construction of structural steel and associated mechanical, piping, electrical and

instrumentation works for the massive mine.

It also incorporates building the ore stockyard facilities to support the intermodal and export operations,

comprising car dumpers, interconnection conveyors and transfer stations.

In a separate announcement, Laing O’Rourke has been awarded a third package of works by Rio Tinto at

its Cape Lambert Port B iron ore operations - also in the Pilbara.

Roy Hill and Cape Lambert in the mining and materials sector, alongside the oil and gas sector works at

Chevron’s Gorgon and Wheatstone projects, are among some of the key major infrastructure works Laing

O’Rourke’s Australia Hub will deliver in Western Australia throughout 2014.

Contact:

Laing O’Rourke Bridge Place 1 & 2 Anchor Boulevard Crossways Dartford Kent DA2 6SN United

Kingdom Tel: +44 (0)1322 296200 Fax: +44 (0)1322 296262

[Editorial queries for this story should be sent to [email protected]]

Page 15: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : BGC gets A$60M contract to supply ROY HILLS' railway ballast

188 words

27 February 2014

Mena Report

MENREP

English

© 2014 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

BGC Contracting has received a contract worth a A$60 million to supply Roy Hill s railway ballast. The

contract signed with John Holland involves delivery of more than one million tonnes of ballast from its

Elazac quarry near Port Hedland. According BGC CEO Greg Heylen, the company s successful delivery

of ballast to the adjacent Fortescue Metals Group and BHP Billiton rail lines for past many years had

served as an important factor in gaining this deal. He adds, This contract is the third award BGC has

received for Roy Hill, and we are delighted to extend our participation in a project of this scale and

significance. Pleasingly, we continue to build the strength of our order book, underpinning our long-term

financial stability. The company in the month of September received a $420 million contract for

completing the civil earthworks, concrete works, and general infrastructure for the port component of Roy

Hill.

Earlier in April 2012 it had won a contract worth a $120 million to build the mine s internal roads and

aerodrome.

Page 16: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

RPT-Samsung annuls contract with Spain's Duro Felguera, Forge

139 words

24 February 2014

06:55

Reuters News

LBA

English

(c) 2014 Reuters Limited

(Repeats story published on Saturday; no change to text)

MADRID, Feb 21 (Reuters) - South Korea's Samsung C&T Corp has annulled a mining contract with a

consortium that includes Spain's Duro Felguera and Australia's Forge Construction.

Duro Felguera said on Friday in a statement to the market regulator that Samsung had cancelled the

A$1.47-billion ($1.32 billion) Roy Hill Iron Ore Project in Australia and it was looking at the economic

consequences of the termination.

The Spanish company, which has near to 43 percent of the contract, said it was in talks with Samsung

over continuing the project.

($1 = 1.1159 Australian dollars) (Reporting by Robert Hetz, Writing by Paul Day, editing by David Evans)

Released: 2014-2-23T21:55:01.000Z

Page 17: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Supply Gina Rinehart s Roy Hill iron ore mine s fleet management system

116 words

1 February 2014

Mena Report

MENREP

English

© 2014 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Contract Awarded for Supply Gina Rinehart s Roy Hill iron ore mine s fleet management system It will

install 34 Wenco units across Roy Hill s shovel, truck, and dozer fleet, with additional units likely to be

installed as the mine s production increases. It comes as Wenco partners with Hitachi to develop a joint

proof of concept project to test the efficiency of mining fleet management systems on the cloud

Contractor name : WENCO INTERNATIONAL MINING SYSTEMS Contractor address : 10271

Shellbridge Way, Richmond, BC V6X 2W8, Canada Agency : Owner : Gina Rinehart PO Box Locked Bag

No.42 WELSHPOOL DC WA 6986 country :Canada

Page 18: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

ACTION CLINCHES BIG ROY HILL CONTRACT

148 words

10 December 2013

Mining Business Media

MIBMED

English

Copyright 2013. Mining Business Media Pty Ltd. All Rights Reserved

Action Drill & Blast has won the biggest civil drill and blast contract awarded in Australia this year -- a 6-

month contract covering over 170km of rail cuttings for the giant Roy Hill (iron ore) Rail Earthworks

Project in Western Australia.The contract, from mining and civil contractor NRW, is also the company's

biggest civil contract since its establishment in 2010.A 65-strong team, operating 6 drill rigs and

associated equipment, will drill and blast about 3Mbcm of rock for the rail track being built from the mine

site N of Newman to Port Hedland. ADB expects to mobilise to site this month.The contract rounds up a

successful year for the company, which has also clinched significant contracts at Fortescue Metals

Group's Cloudbreak iron ore mine in WA and the Middlemount coal mine in Queensland's Bowen Basin.

Page 19: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Decmil Group awarded $37.5m Roy Hill contract

285 words

29 November 2013

Resources News (RWE)

RESNEW

English

Copyright 2013 RWE Australian Business News Pty Ltd. All Rights Reserved.

Sydney - Friday - November 29 (RWE) - Decmil Group Limited (ASX: DCG) has been awarded a contract

from the Roy Hill Iron Ore Project for the design and construction of diesel fuel infrastructure including a

rail fuel yard, mine fuel yard, go- line fuel facility, mine services fuel and rail wet commissioning.

The $37.5 million project in the Pilbara has been awarded to Decmil Group's wholly-owned subsidiary

Decmil Australia.

The win demonstrates the Group's design, civil engineering and construction expertise and broadens the

range of services Decmil is providing at Roy Hill.

In April 2013, the company was awarded two contracts totalling more than $71 million to design and

construct rail and port facilities at Roy Hill, along with associated infrastructure.

Decmil Australia is preparing to mobilise and commence work on site in March 2014, with an anticipated

completion of the diesel fuel infrastructure project by March 2015.

Decmil CEO Scott Criddle said: "Market conditions within the mining and oil & gas sectors remain

challenging so we are thrilled to be involved in this project.

"The award of this contract strengthens our position and further demonstrates our expertise within the iron

ore sector".

About Decmil Group LimitedDecmil Group Limited (DGL) offers a diversified range of services to the

Australian resources and infrastructure industries.

Companies within the Decmil Group specialise in design, civil engineering and construction;

accommodation services; manufacturing; and maintenance.

Page 20: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Listed on the Australian Securities Exchange (/4SX Code: DCG), DGL's goal is to maximise returns from

our operations to deliver value to our shareholders, clients and other stakeholders.

In April 2012 the company was admitted to the S&P/ASX 200 Index.

Page 21: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

(AEDCG) Decmil Group awarded $37.5m Roy Hill contract

287 words

29 November 2013

Ralph Wragg Australian Business News

AAPRAW

English

Copyright 2013 RWE AUSTRALIAN BUSINESS NEWS PTY LTD. All Rights Reserved.

Sydney - Friday - November 29 (RWE) - Decmil Group Limited (ASX: DCG) has been awarded a contract

from the Roy Hill Iron Ore Project for the design and construction of diesel fuel infrastructure including a

rail fuel yard, mine fuel yard, go- line fuel facility, mine services fuel and rail wet commissioning.

The $37.5 million project in the Pilbara has been awarded to Decmil Group's wholly-owned subsidiary

Decmil Australia.

The win demonstrates the Group's design, civil engineering and construction expertise and broadens the

range of services Decmil is providing at Roy Hill.

In April 2013, the company was awarded two contracts totalling more than $71 million to design and

construct rail and port facilities at Roy Hill, along with associated infrastructure.

Decmil Australia is preparing to mobilise and commence work on site in March 2014, with an anticipated

completion of the diesel fuel infrastructure project by March 2015.

Decmil CEO Scott Criddle said: "Market conditions within the mining and oil & gas sectors remain

challenging so we are thrilled to be involved in this project.

"The award of this contract strengthens our position and further demonstrates our expertise within the iron

ore sector".

About Decmil Group LimitedDecmil Group Limited (DGL) offers a diversified range of services to the

Australian resources and infrastructure industries.

Companies within the Decmil Group specialise in design, civil engineering and construction;

accommodation services; manufacturing; and maintenance.

Page 22: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Listed on the Australian Securities Exchange (/4SX Code: DCG), DGL's goal is to maximise returns from

our operations to deliver value to our shareholders, clients and other stakeholders.

In April 2012 the company was admitted to the S&P/ASX 200 Index.

rx

Page 23: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Report: Roy Hill iron ore project starts giving out contracts

Luis Nonito Pasuelo

198 words

20 November 2013

SNL Metals & Mining Daily: East Edition

SNLMMDE

Issue: 78088

English

Copyright 2013. SNL Financial LC

Hancock Prospecting Group's Roy Hill iron ore project in Western Australia has started giving out

contracts worth A$3 billion, just a few weeks before the A$10 billion project is expected to get approval for

the debt funding to build the mine, The Australian reported Nov. 19.

In a statement to the Australian Securities Exchange, engineering firm Downer EDI said it received a 4.5-

year mining services contract at Roy Hill worth A$500 million, according to the report.

The latest contract came after Hancock Prospecting secured preliminary approval for US$694 million in

financing from the U.S. Export-Import Bank to buy mining equipment.

The project's main contractor, Samsung C&T, also recently handed out contracts worth A$2.37 billion.

To build the iron ore mine, Hancock Prospecting needs about A$7 billion in debt funding, which the

company is attempting to secure from banks and export credit agencies by the end of November.

However, some analysts think it unlikely that the Roy Hill project will meet its financing approval and

construction schedule, according to The Australian.

Document SNLMMDE020131125e9bk00011

Page 24: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : $3bn worth of CONTRACTS awarded by Gina Rinehart s Roy Hill iron ore PROJECT

434 words

20 November 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Gina Rinehart s Roy Hill iron ore project has declared $3 billion worth of contracts for the development of

the mine. The contract has been awarded as the company moves closer to securing the $7 billion needed

to secure its future. Gina Rinehart s $10 billion Roy Hill iron ore development carried out one of the

largest debt-raisings ever attempted in the mining sector, seeking $4 billion in funding from export credit

agencies and an additional $3 billion from commercial banks.

The Roy Hill project comprises a new 55 million tonne per annum iron ore mine, 344 kilometres of railway

and a new port at Port Hedland. Roy Hill is pushing to conclude financing before the year is out and the

production will start in September 2015.

The biggest contract was declared with Downer EDI winning a 4 year contract for mining services worth

$500 million. This is seen as a clear sign the project is set to receive the go ahead. Other contracts

handed out comprise a $620 million rail earthworks contract to NRW, $830 million to Forge Group for

construction and processing works and $70 billion to Brookfield Multiplex to develop non-processing

infrastructure.

The latest deal comes just days after reports that the US government owned Export-Import Bank gave

preliminary approval for $US694m ($737m) in financing for the project. The bank s loan will support the

purchase of equipment from US companies.

Roy Hill has also required support from the big four Australian banks and foreign investors. Roy Hill

Holdings is 70 per cent-owned by Rinehart's Hancock Prospecting. Selling off 30 per cent of the project last

year, the remainder is now held by South Korea's Posco, Japan's Marubeni and Taiwan's China Steel

Corporation. The Roy Hill project comprises a new 55 million tonne per annum iron ore mine, 344

kilometres of railway and a new port at Port Hedland.

Page 25: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Construction of the Pilbara-based project is continuing, in spite of chatter around delays, with some

analysts predicting full production will not start until 2017. Still, the miner has continued to reaffirm that the

project remains on track.

"Roy Hill's project development has not been delayed, we remain fully on track," a company spokesman

said.

With cash costs of about $US37 per tonne, JPMorgan expects Roy Hill will sit in the middle of the cost

curve for iron ore projects. The analyst said Roy Hill has the potential to add 7 per cent to Australian iron

ore supply.

Page 26: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Finance

Roy Hill hands out $3bn in contracts

ANDREW BURRELL, MINING

370 words

19 November 2013

The Australian

AUSTLN

1 - All-round Country

18

English

© 2013 News Limited. All rights reserved.

GINA Rinehart's Roy Hill iron ore project has handed out contracts worth almost $3 billion -- including a

$500 million deal yesterday with engineering firm Downer EDI -- as financiers edge closer to approving a

debt package that will allow the mine to be built.

As anticipation builds that the $10bn project will finally receive the green light within weeks, Downer EDI

told the Australian Securities Exchange it had been awarded a 4 1/2-year contract for mining services at

Roy Hill, in Western Australia's Pilbara region.

The company said early works would start within months before moving to full-scale mining in the second

half of 2014.

The project will use a fleet of 18 haul trucks and two excavators, and employ more than 200 people. The

main contractor on the project, Samsung C&T, also recently handed out contracts worth about $2.4bn to

NRW Holdings, Forge Group and John Holland.

The latest contract came days after the US government-owned Export-Import Bank reportedly gave

preliminary approval for $US694m ($737m) in financing for the project, which is attempting to attract up to

$7bn in debt by the end of next month.

The US Export-Import Bank's loan is designed to support the purchase of mining equipment from

American companies, including Caterpillar.

Page 27: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Other agencies that may be involved in the financing are Japan's Nippon Export and Investment

Insurance, the Japan Bank for International Co-operation, the Export-Import Bank of Korea and the Korea

Trade Insurance Corporation.

Roy Hill has also sought support from the big four Australian banks and overseas institutions.

But some analysts doubt that Roy Hill Holdings, which is 70 per cent-owned by Mrs Rinehart's Hancock

Prospecting, will meet its schedule for financing approval and construction. JPMorgan said in September

that first production was not likely to occur until mid-2016 -- later than Roy Hill's estimate of September

2015 -- and the mine would not reach full production until late 2017.

The project involves a new mine capable of producing 55 million tonnes per annum of iron ore, a 344km

railway and a new port at Port Hedland.

Page 28: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : DOWNER secures Roy Hill contract worth $500 MILLION

205 words

18 November 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Downer EDI Ltd declared that it has won a contract to offer early mining services at the Roy Hill open cut

iron ore mine in the Pilbara.

As per the 4.5-year contract, the company will execute pre-strip and supplementary mining activity over

the initial years, whereas Roy Hill will be predominantly undertaking mining on an owner-operator basis.

Downer informed that it will also offer drill and blast as well as load and haul of overburden and ore. The

project will use a fleet of 18 haul trucks and two excavators, and employ more than 200 people.

It is anticipated that the contract with a total estimated value $500 million will be carried out by the end of

November.

The company stated that, The contract is expected to commence with infrastructure construction early in

the 2014 calendar year before proceeding to full-scale mining in the second half of the year. The services

to be provided include drill and blast and load and haul of overburden and ore.

The capital required for the project will be approximately $110 million - $40 million for new equipment and

$70 million provided from existing equipment, said Downer.

Page 29: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Roy Hill Iron Ore Project

John Holland wins Railway Contract

165 words

15 November 2013

Bulk Solids Handling

BUSOH

006-2013

English

Copyright 2013. Vogel Business Media GmbH & Co. KG

Perth (WA), Australia – John Holland has been chosen to construct nearly 350 km of heavy haulage

railway track for the Roy Hill Iron Ore Project in Western Australia. The Roy Hill Iron Ore Project includes

a new mine at the Roy Hill deposit north of Newman, a mine process plant, a heavy haul railway system

and new port facilities at Port Hedland. The approx. AUD 257 million rail construction, track works and

infrastructure sub-contract awarded to John Holland by Samsung C&T will traverse through remote terrain

from the Roy Hill mine site to Port Hedland. The two year, construct only project, commenced on site in

October 2013. John Holland’s contract involves track works to the main line, marshalling yard, mine loading

loop, port loading loop, wayside loops and spurs and construction yard.

The 350 km railway track will connect the Roy Hill mine site with Port Hedland

Picture: © hdsidesign - Fotolia.com

Page 30: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Contract Awarded for Roy Hill Project.

203 words

30 October 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Contract Awarded for Roy Hill Project.

The Roy Hill mine is located approximately 277 kilometres due south of Port Hedland and is at the

eastern end of the Chichester Range in the Pilbara region of Western Australia. The mine, rail and port

facilities will be designed to produce 55 million tonnes per annum (mtpa) of Hematite direct ship ore.

BGC Contracting has been awarded the Roy Hill Iron Ore Project Package 3, which includes the civil

earthworks, concrete works and general infrastructure for the port component of the project located in

Port Hedland.

This two-year construction project is set to begin next month and reach a peak workforce of 500 people,

which will effectively push BGC Contracting s overall workforce numbers towards the 3000 mark for the

first time in their history.

Contract Value: $420 million

Contract Period: two-year

Contractor name : JV OF BGC CONTRACTING AND SAMSUNGC&T

Contractor address : ABN 88 008 766 407

290 Bushmead Road,

Hazelmere

Page 31: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Western Australia, 6055

Tel: +61 8 9442 2300

Facsimile: +61 8 9442 2360

www.bgc.cc

Agency : 2nd Contractor:

Samsung C&T Corporation

Seoul,

South Korea

www.samsungcnt.com

country :Australia

Page 32: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia-Port Hedland Roy Hill Port Marine Work

159 words

8 October 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Project End: 2015

Project Location: Port Hedland, Western Australia, Australia

Project Status: Active Project

Phase: Awarded Project Cost

: US$455 million Facility

Type: EPC Contract

Scope : Engineering, procurement and construction contract from Samsung C&T for the Roy Hill Port

marine work in Western Australia.

Description :

Australian engineering company McConnell Dowell has won a US$455 million engineering, procurement

and construction contract from Samsung C&T for the Roy Hill Port marine work in Western Australia.

The marine portion of the project is located in Port Hedland. The project consists of a two berth iron ore

load-out wharf in SW Creek, connected with a 3,600-meter-long elevated overland conveyor to the ore

stockyard. The contract also includes an abutment, a drive station and three transfer stations.

Site work will begin later this year and the project will be completed in mid-2015.

Page 33: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

country :Korea, Republic of

Page 34: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Central Systems win $100m Roy Hill works

Michael Ramsey

279 words

4 October 2013

WA Business News

WABN

English

© Copyright 2013 Business News Pty Ltd.

Civil construction company Central Systems has been awarded its largest ever contract in the form of a

$100 million subcontract for the construction of rail bridges at the Roy Hill iron ore project.

Centrals will build eleven bridges along the proposed 340 kilometre rail line from the Roy Hill mine to port

and stockyard facilities near Port Hedland.

The contract is scheduled to commence this month and be completed by December 2014.

Centrals plan to handle the majority of the works but long-term indigenous contracting partner Pilbara

Logistics will provide a number of support services to the project.

"The Centrals team has worked hard over the last 3-4 years to grow and transform the company into a

major civil construction and remedial services contractor," Centrals director Richard Eden said.

"In our view, this contract award is a significant endorsement of our capabilities and capacity to execute

larger-scale construction projects for our clients."

Central was awarded the subcontract by South Korean giant Samsung C&T, the lead contractor for

Hancock Prospecting's $10 billion Roy Hill project.

It comes in the wake of a month in which several WA-based mining services companies were awarded

big contracts for the mine.

BGC Contracting announced late last month that it had been awarded a $420 million package of works

including civil earthworks, concrete works and general infrastructure for the port component of the project.

A joint venture led by Forge Group won a $1.47 billion construction contract, while NRW Holdings signed

Page 35: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

a $620 million deal.

Alinta Energy was also granted regulatory approval to supply electricity to the project.

Page 36: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

NRW Holdings Secures $620m Roy Hill Rail Earthworks Contract

130 words

19 September 2013

Australian Company News Bites

NBAXCN

English

Copyright 2013 News Bites Pty Ltd. All Rights Reserved.

AUSTRALIAN COMPANY NEWS BITES

SOURCED FROM INFORMATION LODGED WITH THE AUSTRALIAN STOCK EXCHANGE

NRW Holdings announced that it has signed a contract with Samsung C & T Corporation for construction

of the rail formation for the main line between the Roy Hill Mine site and Port Hedland. The contract has

an approximate value of $620m. The scope of works include construction of approximately 330km of

main line heavy haul rail formation together with sidings and level crossing and associated works. Overall

the works will involve the moving of 10.5 million sqm of material. Preliminary construction will commence

in September 2013 and the scheduled completion date is January 2015. <pdflink name="Please click

here for full details" page="1"/>

Source: Morningstar

Page 37: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : John Holland awarded $257 million sub-contract at Roy Hill

304 words

18 September 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

John Holland has been chosen to construct nearly 350km of heavy haulage railway track for the Roy Hill

Iron Ore Project in Western Australia.

The Roy Hill Iron Ore Project includes a new mine at the Roy Hill deposit north of Newman, a mine

process plant, a heavy haul railway system and new port facilities at Port Hedland. The $257m rail

construction, track works and infrastructure sub-contract awarded to John Holland by Samsung C&T will

traverse through remote terrain from the Roy Hill mine site to Port Hedland.

Leighton Holdings Chief Executive Officer, Hamish Tyrwhitt, said the contract award evidences the

diversity of the Leighton Group, combining our skills in managing operations in remote locations and in

the provision of infrastructure and rail operations.

We are proud to be involved in such a major undertaking for Western Australia. Roy Hill is a critical project

for the state, and a strong indication that the nation is moving to close its infrastructure deficit and improve

productivity, he said.

John Holland Group Managing Director, Glenn Palin, said that by winning this project against national and

international competition, John Holland had once again demonstrated its key strength in rail.

John Holland has been a market leader in rail construction in Australia for over 30 years, with

approximately $3b of rail-related projects in hand, he said.

The two year, construct only project, is planned to commence on site in October 2013. At the peak of site

works the project workforce is expected to reach 270 people. John Holland s contract involves track

works to the main line, marshalling yard, mine loading loop, port loading loop, wayside loops and spurs

Page 38: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

and construction yard. The contract also involves construction of a logistics yard and ballast yards.

Page 39: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : LEIGHTON subsidiary secures $257 MILLION rail work contract for ROY HILL

138 words

17 September 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

John Holland Group, a subsidiary of Leighton Holdings Ltd declared that it has secured rail construction

work worth $257 million for Gina Rinehart's Roy Hill iron ore project in Western Australia's Pilbara region.

The company stated at the Australian Securities Exchange that the heavy haulage track work for

Samsung C&T would link the Roy Hill mine site to Port Hedland.

The work is expected to complete in around two years after starting next month.

Leighton Holdings chief executive officer Hamish Tyrwhitt said, We are proud to be involved in such a

major undertaking for Western Australia. Roy Hill is a critical project for the state, and a strong indication

that the nation is moving to close its infrastructure deficit and improve productivity.

Page 40: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Contract Awarded Engineering, Procurement and Construction (EPC) Contractor for the Overall Project

48 words

10 September 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Contract Awarded Engineering, Procurement and Construction (EPC) Contractor for the Roy Hill Iron Ore

Project

Contractor name : SAMSUNG C&T CORPORATION

Contractor address : Samsung C&T Corporation

Seoul,

South Korea

country :Korea, Republic of

Page 41: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

NRW GAINS $20M ROY HILL PROJECT WORKS

82 words

30 August 2013

Mining Business Media

MIBMED

English

Copyright 2013. Mining Business Media Pty Ltd. All Rights Reserved

NRW has received a new $A20M order for subcontract works on the rail earthworks for the $US9.5B Roy

Hill iron ore project in Western Australia's Pilbara region.The resources and infrastructure company says

it's commencing works on the project ahead of the formal award of the contract by Hancock Prospecting's

EPC contractorSamsung C&T.The $23M detailed design contract for the railway was awarded this week

to Calibre Group.

Page 42: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Contract Awarded rail and port construction.

91 words

29 August 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Contract Awarded rail and port construction .

Decmil will design and construct rail and port facilities along with associated infrastructure to service the

project in Western Australia s Pilbara region.

Contract Value : $71m

The design phase for the project has started, with onsite delivery subject to Roy Hill Infrastructure

obtaining financing.

The project was on track to be ready by September 2015.

Contractor name : DECMIL GROUP LIMITED

Contractor address : 20 Parkland Road,

Osborne Park,

Western Australia 6017

PO Box 1233,

Osborne Park WA 6916

country :Australia

Page 43: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Roy Hill Project

Calibre wins Contract for Design of Roy Hill Main Line Railway

244 words

29 August 2013

Bulk Solids Handling Online

BUSOHW

English

Copyright 2013. Vogel Business Media GmbH & Co. KG

Calibre Group's (ASX:CGH) engineering and project delivery business, Calibre Global, has been awarded

an USD 23 million contract by Samsung C&T Corp for the detailed design for approximately 330 km of

heavy haul main-line railway, passing loops and other associated civil infrastructure, for the Roy Hill

Holdings Project (Roy Hill) in Western Australia.

Perth (WA), Australia – The design work has commenced and is not subject to Roy Hill Project debt

financing. Work on the detailed design is expected to be completed by the end of Q2 FY2014. The project

will involve up to 60 personnel at its peak.

Ray Horsburgh, Calibre Group’s Acting Managing Director and Chairman welcomed the award. “The

Award follows the earlier signing of a MOU with Samsung and we believe it positions the company well

for further potential work with Samsung on Roy Hill. We also look forward to exploring potential

opportunities to work with Samsung on projects in other geographies”.

Roy Hill is a major new Pilbara iron ore project planned to include a 55 mtpa mine, heavy-haul railway,

and new berths at Port Hedland. Samsung C&T is the EPC provider for the project.

Calibre Global has been awarded a contract for the detailed design for approx. 330 km of heavy haul

main-line railway for the Roy Hill Project in Western Australia.

Picture: Wikimedia Commons

Page 44: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

CALIBRE NAMED FOR ROY HILL RAILWAY DESIGN

125 words

28 August 2013

Mining Business Media

MIBMED

English

Copyright 2013. Mining Business Media Pty Ltd. All Rights Reserved

Roy Hill iron ore project EPC contractor Samsung C&T has awarded a $A23M detailed design contract to

Calibre Group for its heavy haul railway.Calibre Global, the group's engineering and project delivery

business, has begun design work for the 330km of mainline railway, passing loops and civil infrastructure

at Hancock Prospecting's 55Mtpa Pilbara development.The design work, which is not subject to project

debt financing, is due for completion by the end of Q2 FY2014.The project will involve up to 60 personnel

at its peak.Acting MD Ray Horsburgh said the contract, following the earlier signing of a memorandum of

understanding with Samsung, positions Calibre for further work with Samsung on Roy Hill.

Page 45: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

NRW to commence full works at Roy Hill

Dan Wilkie

159 words

6 August 2013

WA Business News

WABN

English

© Copyright 2013 Business News Pty Ltd.

NRW Holdings has been given the green light by Gina Rinehart's Roy Hill Holdings to commence the full

work program under a $67 million contract first announced in April.

The Perth-based contracting group said preliminary works at the Roy Hill iron ore mine were at an

advanced stage.

The full works package comprises earthworks, piping and other associated works, as well as drill and

blast operations.

NRW said the contract would have a six-month duration with a peak workforce of 260.

First ore from the Roy Hill project is expected to be produced in the third quarter of 2015.

The commencement of the full package of works would seem to suggest a comprehensive financing deal

for the Roy Hill mine could not be far away.

National air carrier Qantas was signed by Roy Hill to provide charter air services for the $10 billion project

last month.

Page 46: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : Qantas to help Pilbara mine find its footing

313 words

25 July 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

One of the largest iron ore mining projects in Australia is currently in its construction phase, bucking the

trend of an apparent decline in new excavation projects in the country. What's more, this emerging mine

recently closed a deal with Qantas, which will spur construction activity in the Pilbara region and

potentially raise demand for modular homes in the area.

The contract stipulates that Qantas will be the only airline Roy Hill Iron Ore will use to charter materials

and workers in from other regions. The first flight between Perth and the mining site will take place on

August 13, and is expected to create a significantly more streamlined approach to building the $10 billion

mine. By signing the deal, Qantas is now involved in what could potentially be one of the biggest mining

sites in the country.

To maintain a stable schedule and flow of workers and machinery, Qantas will start flying between Perth

and a small air strip in the Pilbara region three times a week. However, as construction takes off, the

chartered airliner will increase the frequency of these flights to accommodate.

"The Roy Hill contract is the latest win for Qantas and an important milestone in our push to further

develop regional and charter services across Australia," said Lyell Strambi, Qantas Domestic Chief

Executive Officer. "The agreement demonstrates Qantas strength in the fly-in, fly-out business and

affirms our strategy of investing and expanding our charter operations through Network Aviation."

To reach its goal of creating an integrated mining, rail and port system in the Pilbara region, Roy Hill could

benefit from modular building construction techniques that enable workers to spend long periods in

remote areas like North West Australia. With Qantas now supplying ample human resources, it will be

crucial for the company to provide proper accommodation.

Page 47: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Finance

Qantas lands Roy Hill contract - EXCLUSIVE -

STEVE CREEDY, AVIATION WRITER

735 words

24 July 2013

The Australian

AUSTLN

1 - All-round Country

19

English

© 2013 News Limited. All rights reserved.

IN a further sign that Gina Rinehart's $9.5 billion Roy Hill iron ore project is coming to life, Qantas has

signed a three-year air services agreement with the company and will start charter operations to the

Pilbara mine site from August 13.

The contract is a coup for Qantas fly-in, fly-out offshoot Network Aviation, which will initially fly to the site

three times a week using its 100-seat Fokker F100s.

While it would not disclose the value of the deal, the airline expects services to expand as demand for

workers increases at the project to a predicted peak of about 3600 workers. Roy Hill's sealed 2.5km

Ginbata air strip, certified by the Civil Aviation Safety Authority at the end of May, is capable of taking

planes as big as Boeing 737-800s.

Network, which was acquired by Qantas in 2010 to help expand the group's foothold in the resources

sector, is in competition with Virgin Australia regional operations. Those operations expanded this year

with Virgin's takeover of Perth-based Skywest Airlines. The Qantas unit has been expanding its fleet of

F100s and expects to take its 12th twin-jet next month. It also has seven 30-seat Embraer 120 Brasilia

turboprop aircraft.

Despite the slowdown in the resources sector, Qantas has remained upbeat about its growth prospects in

Western Australia and operates more than 280 return flights with 75,000 seats within the state each

week.

Page 48: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Qantas expects to grow its intra-WA business this year by 22 per cent, largely because of resources

contracts such as the deals it has with the likes of BHP Billiton, Bristow and Fortescue Metals Group.

It has been boosting its east-west services and in May announced that it would build a new Qantas Club

in Perth airport's terminal three as part of a multi-million-dollar investment that will bring spending on its

facilities at the rapidly growing airport to $100m over the past four years.

Qantas Domestic chief executive Lyell Strambi said the Roy Hill contract was the latest win for Qantas

and a milestone in the airline's push to develop regional and charter services across Australia.

``The agreement demonstrates Qantas's strength in the fly-in, fly-out business and affirms our strategy of

investing and expanding our charter operations through Network Aviation,'' he said.

The vast Roy Hill project, 70 per cent-owned by Mrs Rinehart's Hancock Prospecting, moved a step

closer recently after Japan's Marubeni boosted its stake to 15 per cent and crucial talks with potential

lenders reportedly overcame a key hurdle.

A spokesman for the miner told The Australian last week that the company was cautiously optimistic

about approving the project by December.

The project involves a new mine capable of producing 55 million tonnes of iron ore a year, a 344km

railway and a new port at Port Hedland.

In addition to the airport and terminal buildings, key internal mine roads have been built and a permanent

village capable of accommodating 2000 workers is under construction and expected to be completed by

October.

Roy Hill general manager external affairs Darryl Hockey said Qantas was chosen for the contract

because of its proven record in safety and reliability.

Mr Hockey said the initial flights would take workers involved in preliminary works such as earthworks for

the ore processing plant. ``Then we move into what we call foundation works but we don't actually start

construction proper until we've got our debt finance in place,'' he said.

About 8500 positions are expected to be available over the project construction period between next year

and the end of 2015, and Mr Hockey said the Qantas deal would ensure the right people were available

``at the right place at the right time''.

Page 49: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

``Once production begins in 2015, safe and dependable air services will be critical to the ongoing

efficiency and productivity of the Roy Hill operations,'' he said.

Aviation demand in Western Australia has been burgeoning. Ginbata is one of six airports that have been

built or where construction has started within the past 18 months to service the resources sector. Most

are in the Pilbara and three -- Roy Hill, Christmas Creek and Solomon -- are capable of taking 737-800s.

Page 50: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Features

New Roy Hill mine villages to house 4600

SARAH DANCKERT

465 words

6 June 2013

The Australian

AUSTLN

1 - All-round Country

26

English

© 2013 News Limited. All rights reserved.

PREPARATIONS for Gina Rinehart's Hancock Prospecting to build residential villages servicing the

company's Roy Hill iron ore mine in Western Australia are gathering momentum.

Roy Hill chief executive officer Darryl Hockey said the company was preparing to accommodate 4600

people in villages at South Hedland and in three locations on the railway line that will connect the mine to

the port.

Brookfield has won the contract to build housing for 2000 people at Roy Hill, as first reported by The

Australian last year. The contract for the South Hedland village, which will be home to 1200 workers, has

been awarded to Compass.

Samsung is understood to be tendering for local groups to build the three railway developments, which

will each be home to 400 people.

Mr Hockey said the additional villages would provide premium accommodation for workers at Roy Hill

and, as with the village at the mine site, provide services including sporting and entertainment facilities.

``We prefer to use the word village because we like to think that what we're building is much better than

mining camps at other mines,'' Mr Hockey said.

He said that like the Brookfield-built camp at the mine site, which is about one-third finished, the South

Page 51: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Hedland and railway sites will have facilities like indoor cinemas, swimming pools and dining rooms.

``If we want to attract the best people to our mine then we need to have the best village. It's hot and dusty

work and people need a place to unwind,'' he said.

The company also has residences for 260 people in exploration camps.

Meanwhile, Mirvac and joint venture partner Land Corp will embark on $1.5 billion Pilbara housing project

after winning state government approval.

Experts say demand for housing is still strong despite the fall in mining capital expenditure projections.

Samsung has picked up the $5.9bn contract to build a processing plant as well as rail, port and other

infrastructure at Roy Hill.

It is understood that the housing contract is in addition to its existing contract with Hancock Prospecting.

Sources said local builders were keenly awaiting the outcome of the tendering process.

According to the Australian Bureau of Statistics, mining industry capital expenditure is expected to top out

at $156bn for the 2013-14 financial year, a considerable decrease on the earlier estimate of $260bn.

Urban Development Institute of Australia (WA) chief executive Debra Goostrey said there had been no

winding down in the Pilbara by the UDIA's members. ``Some of the heat has gone out of the market, but

that's not a bad thing. We were in a situation where growth in land and house prices and growth in rents

had reached unsustainable levels.''

Page 52: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Contract Volume Won by KOSPI Companies Rises 29.7%

187 words

4 June 2013

The Korea Economic Daily

ECODEN

English

Copyright 2013. Hankyung.com

The amount of contracts won by companies listed on the Korea Exchange has increased by a large

margin. The Korea Exchange said on June 3 the sum of contracts, including in the areas of construction,

system, and manufacturing, won by KOSPI companies for the past five months was 33,266.1 billion, up

29.68 percent from the same period last year.

By industrial sector, construction topped the list with 15,825.8 billion won (up 67.74% from the same

period in 2012), followed by others (manufacturing and system) with 7,567.3 billion won (up 39.47%). As

for shipbuilding, however, the contract volume shrank to 9,873.0 billion won, down 8.52 percent from

10,792.6 billion won a year ago.

Samsung C&T won the single largest contract from the Roy Hill iron mining project in Australia with

6,411.4 billion won. It was followed by Daewoo Shipbuilding & Marine Engineering for building four

container ships with 4,175.0 billion won.

Page 53: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Brookfield Multiplex signs $70m Roy Hill contract

Dan Wilkie

319 words

23 April 2013

WA Business News

WABN

English

© Copyright 2013 Business News Pty Ltd.

Preparations for Gina Rinehart's Roy Hill iron ore project in the PIlbara are picking up pace, with

Brookfield Multiplex adding a $70 million deal to its $190 million worth of building works at the mine.

Brookfield today announced that its engineering and infrastructure division had won a $70 million

contract, covering design and construction of non-processing infrastructure to service the Roy Hill mine.

The facilities include a boilermaker workshop, washdown and tyre-change facilities, administration

buildings and gatehouse.

Detailed project design of these facilities is expected to commence immediately and be completed by

December 2014. Actual construction is dependent on Roy Hill securing final debt funding for the $10

billion project.

The new contract is in addition to the $190 million, 2000-bed workers' village Brookfield is currently

constructing at Roy Hill.

The first stage of permanent dwellings for the village is now being built, with work soon to start on

recreational facilities, including tennis courts and a gymnasium.

The contract is the latest in a series of large construction and engineering deals awarded in the past few

weeks at the Roy Hill mine.

Late last week contractorNRW Holdings won a $67 million contract at Roy Hill, for earthworks, piping, and

drill and blast operations.

Engineering and construction group Decmil was also awarded a $71 million contract, to build port and rail

facilities for the mine.

Page 54: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Like the Brookfield contract, these are also dependent on Roy Hill finalising its funding.

Parsons Brinckerhoff was signed as a project management consultant in early March, while global

construction group Samsung C&T was appointed engineering contractor in a $US5.8 billion deal, subject

to formal financing arrangements for the Roy Hill mine.

A financing package is expected to be announced in coming weeks.

First ore from Roy Hill is expected to be produced in the third quarter of 2015.

Page 55: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Project Management

Roy Hill Project

120 words

18 April 2013

Bulk Solids Handling

BUSOH

002-2013

English

Copyright 2013. Vogel Business Media GmbH & Co. KG

New York (NY), USA – Parsons Brinckerhoff has signed an initial contract as the project management

consultant for Roy Hill Project, a 55 million tonne per year iron ore pit-to-port project in Western

Australia’s Pilbara region. The USD 10 billion project is an iron ore deposit with a defined mineralisation

of more than 2.4 billion tonnes of iron ore, sufficient to sustain a mine life of more than 20 years. A new

214-mile heavy haul railway will be constructed to link the mine and port, with new ore-handling facilities,

an ore stockyard, and two berths developed at Port Hedland. First shipment of ore for export is scheduled

for September 2015.

Page 56: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : NRW HOLDINGS bags A$67 MILLION contract for Roy Hill iron-ore mine

147 words

20 April 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

NRW Holdings declared that it has secured a contract worth A$67-million to carry out earthworks, piping

and associated works, as well as drill and blast operations at the Roy Hill iron-ore mine, in Western

Australia.

According to NRW, the works will run through alteast seven months and would peak at a workforce of

160.

It is estimated that the Roy Hill operation will generate upto 55-million tons a year, and would include a

344 km heavy-haul railway and new berths at Port Hedland.

The project is set to commence production in 2015.

Recently, a contract worth A$71-million was awarded to the Decmil Group for the design and construction

of rail and port facilities for the Roy Hill project, along with associated infrastructure to service the port.

Page 57: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Progress at Roy Hill as contractor costs ease in W Australia

260 words

19 April 2013

Steel Business Briefing

STSCNW

English

© 2013 McGraw-Hill, Inc.

Hancock Prospecting subsidiary Roy Hill Holdings has awarded another engineering contract for work on

its proposed Pilbara iron ore mine. Meanwhile, other miners say cancelled projects have taken some of

the heat out of construction costs in Western Australia.

Perth-based NRW Holdings said Thursday it had won a A$67 million (US$69 million) contract to carry out

earthworks, piping and associated works at the planned 55 million mt/year capacity iron ore project. This

follows the awarding of two contracts last week worth more than A$71 million (US$73 million) to

engineering and construction company Decmil Group for infrastructure-related work at Roy Hill.

Both NRW and Decmil said the contracts depended on Hancock securing the finance to build the project,

which is expected to produce its first ore in 2015. The Roy Hill project requires a 344 km railway and

other capital costs that are expected to amount to around $7 billion.

Announcing their March quarter iron ore production this week, both Atlas Iron and Fortescue Metals

Group noted that the slowdown and in some cases cancellation of projects in Australia was forcing

contractors to lower their costs. Woodside Petroleum last week scrapped a $45 billion liquefied natural

gas project in Western Australia, while work on other projects such as Aquila Resources/AMCI's West

Pilbara iron ore project has almost stopped.

For questions about editorial content, or to subscribe call +44 (0) 20 7626 0600, [email protected]

© Steel Business Briefing 2013

Page 58: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Australia : DECMIL GROUP receives $71m rail & port contract from ROY HILL

117 words

13 April 2013

Mena Report

MENREP

English

© 2013 Al Bawaba (Albawaba.com). Provided by Syndigate.info, an Albawaba.com Company

Decmil Group has received rail and port construction contracts worth $71 million from Gina Rinehart's

Roy Hill iron ore project.

As per the deal, Decmil will have to design and develop rail and port facilities together with related

infrastructure for supporting the project in Western Australia's Pilbara region.

Followed by the completion of its port, rail and mine infrastructure project, Roy Hill plans to ship 55 million

tonnes of iron ore a year.

Chief executive Barry Fitzgerald stated that the project was likely to be ready by September 2015.

Next year, work is expected to begin on both the port and rail projects.

Page 59: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Samsung C&T wins $5.8bn construction contract at Roy Hill project

By Nina Nasman

305 words

5 April 2013

Metal Bulletin

METBUL

English

© 2013 Metal Bulletin Limited. All Rights Reserved.

South Korean engineering and construction group Samsung C&T has been awarded a 6.48 trillion Won

($5.8 billion) contract for plant and infrastructure construction at the Roy Hill iron ore project in Western

Australia.

Samsung C&T has signed the notice of award issued by Roy Hill Holdings, which is developing the iron

ore project, the group said on Thursday March 28.

“[The] project will include engineering, procurement and construction of iron ore mine process plants at

the Roy Hill deposit, a heavy-haul railway system from mine to port, and new port facilities,” Samsung

C&T said.

The 344km railway line will link Roy Hill to a new iron ore terminal at Port Hedland.

The construction period will start on April 2 this year and end on November 15, 2015. More details will be

disclosed when the main contract is signed on April 30, Samsung C&T said.

Iron ore company Hancock Prospecting, which owns 70% of Roy Hill, expects to have a total of A$7

billion ($7.3 billion) of debt funding secured for the project by the end of 2013.

Japanese trading house Marubeni, which holds a 12.5% equity interest in the project, secured a A$1.063

billion ($1.11 billion) loan from Japan Bank for International Co-operation to develop Roy Hill, it said on

March 28.

Taiwan Steel, South Korean steel producer Posco and shipping company STX hold the remaining shares

Page 60: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

in the project, which has also attracted two Chinese offtake customers, Yaxin Steel and Shougang Steel.

Roy Hill is expected to start production in 2015 and have a maximum output of 55 million tpy.

Nina Nasman

[email protected]

Twitter: @NNasman_SF

Page 61: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Samsung C&T wins $5.8bn construction contract at Roy Hill project

By Nina Nasman

323 words

29 March 2013

01:50

Metal Bulletin News Alert Service

METBNA

English

© 2013 Metal Bulletin Limited. All Rights Reserved.

South Korean engineering and construction group Samsung C&T has been awarded a 6.48 trillion Won

($5.8 billion) contract for plant and infrastructure construction at the Roy Hill iron ore project in Western

Australia. Samsung C&T has signed the notice of award issued by Roy Hill Holdings, which is developing

the iron ore project, the group said on Thursday March 28. "[The] project will include engineering,

procurement and construction of iron ore mine process plants at the Roy Hill deposit, a heavy-haul

railway system from mine to port, and new port facilities," Samsung C&T said. The 344km railway line will

link Roy Hill to a new iron ore terminal at Port Hedland. The construction period will start on April 2 this

year and end on November 15, 2015. More details will be disclosed when the main contract is signed on

April 30, Samsung C&T said.

Iron ore company Hancock Prospecting, which owns 70% of Roy Hill, expects to have a total of A$7 billion

($7.3 billion) of debt funding secured for the project by the end of 2013. Japanese trading house Marubeni,

which holds a 12.5% equity interest in the project, secured a A$1.063 billion ($1.11 billion) loan from Japan

Bank for International Co-operation to develop Roy Hill, it said on March 28. Taiwan Steel, South Korean

steel producer Posco and shipping company STX hold the remaining shares in the project, which has also

attracted two Chinese offtake customers, Yaxin Steel and Shougang Steel. Roy Hill is expected to start

production in 2015 and have a maximum output of 55 million tpy. Nina Nasman <a

href="mailto:[email protected]">[email protected]</a> Twitter: <a

href="www.twitter.com/NNasman_SF" target="_blank">@NNasman_SF</a>

Page 62: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

UPDATE 2-Samsung C&T picked as preferred bidder for Roy Hill deal -sources

408 words

20 March 2013

15:14

Reuters News

LBA

English

(c) 2013 Reuters Limited

(Adds comment from Roy Hill chief executive)

SEOUL, March 20 (Reuters) - South Korea's Samsung C&T Corp

has been picked as the preferred bidder for a multi-billion dollar development deal for Australia's Roy Hill

iron ore project, two sources with knowledge of the matter told Reuters.

Roy Hill Holdings, controlled by Australian billionaire Gina Rinehart, plans a 55 million tonnes a year iron

ore mine in the Pilbara region of Western Australia, but has still to finalise $7 billion in debt funding for the

project to go ahead.

"Samsung C&T and POSCO Engineering & Construction submitted bids, but only Samsung C&T was

chosen as a preferred bidder," one of the sources said, speaking on condition of anonymity because of

the confidentiality of the process.

The other source confirmed this, adding: "It remains to be seen whether Samsung C&T will sign a main

deal."

The $10 billion Roy Hill project involves building a mine, railway and port.

Roy Hill Chief Executive Barry Fitzgerald declined to comment directly when asked by Reuters if

Samsung C&T was the winner, saying the decision would be announced next week.

Roy Hill has been pushing back the timeline on securing funding and starting construction. Roy Hill had

Page 63: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

been hoping to finalise debt funding by mid-2013, but now says it could be as late as the end of 2013.

Rinehart's Hancock Prospecting owns about 70 per cent of Roy Hill Holdings, with the remainder owned

by a consortium led by South Korean steel giant POSCO and including Japanese trading company

Marubeni, South Korea's STX Corp , and Taiwan's China Steel Corp.

POSCO Engineering & Construction is a unit of steelmaker POSCO.

Roy Hill has been seeking a fixed construction contract in order to shield Hancock and its partners from

any cost overruns during the construction phase.

Budget blowouts have become commonplace in Australia, which is regarded as one of the most

expensive places to develop new mines.

Costs at the nearby Sino Iron project, owned by CITIC Pacific Ltd, have ballooned four-fold to $8 billion

during the construction phase.

(Reporting by Hyunjoo Jin; Additional reporting by James Regan in PERTH; Editing by Daniel Magnowski

and Richard Pullin)

AUSTRALIA-ROYHILL/ (UPDATE 2) | AUF | ABN | D | E | RBN | Z | ABX | RNP | DNP | PCO

Page 64: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

Parsons Brinckerhoff joins Roy Hill as consultant

Dan Wilkie

330 words

5 March 2013

WA Business News

WABN

English

© Copyright 2013 Business News Pty Ltd.

Engineering group Parsons Brinckerhoff has signed on as a project management consultant at Gina

Rinehart's $10 billion Roy Hill iron ore development in the Pilbara.

The group said today that its role under the contract would be to manage contracts for Hancock

Prospecting throughout the project's execution phase, beginning this year before reaching completion in

2015.

Hancock is currently undergoing due diligence with international financiers to secure a debt facility for the

mine, which is expected to be sorted mid-way through the year.

Parsons Brinckerhoff global mining managing director Mark Dimmock said the team would be led by

senior directors with strong technical capabilities.

"This project spearheads the development of a new generation of integrated iron ore mining, rail and port

operations," Mr Dimmock said in a statement.

"This requires a team with an embedded depth of knowledge across the development lifecycle. Their

knowledge and experience means we have the ability to counter project challenges as they arise with

effective design and implementation solutions."

Hancock's joint venture partners in the Roy Hill mine; Japan's Marubeni, South Korea's Posco, plus STX

Corp, and China Steel Corp.

POSCO and Marubeni each have 12.5 per cent while STX and China Steel hold 2.5 per cent. POSCO

and STX had originally taken a small stake in the project in 2010.

First ore from the Roy Hill project is expected to be produced in the third quarter of 2015, delayed from

Page 65: Australia : ENGENCO bags $4 MILLION contract for ROY HILL ... · SNL Financial LC Perth, Australia-based Executive Risk Solutions has secured a two-year, A$30 million contract to

initial plans for late 2014.

Early works at the Roy Hill mine that are completed or well advance include port dredging, internal miner roads,

four 300-bed rail construction villages, a 1,200-bed permanent village in Port Hedland and a $50 million corporate

headquarters and remote operations centre in Perth.

A 344-kilometre railway will link the mine to port, while new ore handilng facilities, a stockyard and two berths

will be developed at Port Hedland.

Media contact: Celina Watt Manager, Corporate Affairs & Communications +61 8 6242 1090 | [email protected]