Macmahon Holdings has announced a $100 million extension to the contract at the BMA Coal Operations owned and operated Saraji surface coal mine in Queensland.
The original contract covered two years with a total value of $75 million and Macmahon has currently completed the first year of this contract.
This extension involves the removal of additional material over the next two years and represents an increase of more than $100 million on the original contract value.
Macmahon currently has a workforce of 200 personnel at the site and operates a fleet of four excavators and trucks.
The extension of contract will result in the excavators being upgraded to larger sized units and the addition of four new trucks.
Chief executive officer Nick Bowen is pleased that Macmahon has been able to deliver additional value to the customer through its strong performance at this mine.
“We are very proud of our capacity to deliver outstanding outcomes for valued customers such as BMA and this extension is a great example of how we can maximise the value for the mine,” he said.
“Macmahon has a number of coal contracts on the east coast of Australia and we continue to look for opportunities to build our market share in this buoyant sector.”
Moving into the 2009 financial year, Macmahon’s order book will stand at more than $2 billion, reflecting the benefits of excellent long term relationships with major blue chip private sector and government customers across the mining and construction sectors.
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