Press release

CIMIC’S Sedgman Wins $100M in coal contracts in Queensland

Sidney
12.12.2017

CIMIC Group’s mineral processing company, Sedgman, has been awarded contracts by QCoal Group at the greenfield Byerwen Coal Mine in Central Queensland, with a combined revenue of almost $100 million.

Two engineering, procurement and construction contracts will deliver a stockpiling and train load-out facility (work has commenced and will conclude in early 2018), and a Coal Handling and Processing Plant (commencing in late 2017 and concluding in 2018). A third contract includes the initial operation of the crushing, stockpiling (commencing in December 2017)

CIMIC Group Chief Executive Officer Michael Wright said: “These contracts demonstrate Sedgman’s ongoing leadership in the coal processing industry and are a testament to the team’s focus on delivering value for our clients.”

Sedgman Managing Director Grant Fraser said: “By using an innovative modular processing plant design, we have been able to significantly reduce the site construction time and cost for this project, delivering value for our client.
“We are pleased to continue our strong, long term relationship with the QCoal Group and look forward to contributing our core skills in technical delivery and commercial innovation at this project.”

Sedgman has been working with QCoal Group since 2007. The greenfield Byerwen mine site is located 20 kilometres west of Glenden in Queensland’s Bowen Basin.


HOCHTIEF shares

Current share prices
Short profiles

HOCHTIEF and subsidiaries
Financial reports online

Financial Reports

Order and download

Financial Reports