Pentium Hydro secures two-year contract with Roy Hill

Image: Pentium Hydro.

Pentium Hydro has won a general works contract at the Roy Hill iron ore mine in the Pilbara, Western Australia.

Under the contract, the Vysarn subsidiary will be responsible for dual rotary and reverse circulation bore drilling services, minor civil earthworks or rotary air and conventional drilling services as per Roy Hill’s requests.

In the initial two-year period, the Perth-based iron ore company may issue work requests to Pentium, who must respond within two business days. Roy Hill may choose to extend for a further year.

Pentium has already accepted its first work request from Roy Hill for dual rotary drilling and construction, dewatering production bores up to 100 metres deep at Roy Hill’s iron ore mine, 115 kilometres from Newman.

The works, which are valued at approximately $2 million, are expected to take four to five months to complete, subject to the mobilisation of the rig before Christmas.

Pentium managing director Sheldon Burt said the company was thrilled to have the opportunity to build a strong working relationship with Roy Hill.

“Pentium Hydro is delighted with the award of a contract with a client of Roy Hill Iron Ore’s standing,” Burt said.

“We are committed to building strong relationships and the development of these relationships is a core component of Pentium’s long-term strategy to be a leading hydrogeological water well service provider in Australia.”

This year, Pentium has also completed contract work for AngloGold Ashanti and the Independence Group’s Tropicana gold joint venture and at Fortescue Metals Group’s Cloudbreak iron ore project.

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