Austin Engineering win BHP Chile contract

Austin Engineering has won a three year contract for BHP Billiton’s Spence mine in Chile.

The contract is for the supply of one 140 tonne and two 80 tonne cranes, as well as spot services over the run of the contact.

It is valued at around US$ 9 million, plus spot services, which Austin says will see the value of the contract exceed US$10 million.

First revenue is expected as early as next month.

Commenting on this latest South American contract win, Austin Engineering managing director Michael Buckland described it as “another strategic win for our equipment division and the company’s strategy of securing long term sustainable earnings”.

“This follows [a number of] long term contracts announce by the company over the last three months.”

 Last month Austin won a US$200 million contract for Vale’s operations in Brazil.

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