Completing the suite of renewals of its major mining services contracts, Industrea has signed a continuation of the whole of mine contract with Cockatoo Coal subsidiary Baralaba Coal for its Baralaba South mine in the Bowen Basin in Queensland. Industrea subsidiary Industrea Mining Services expects revenue of approximately A$76 million from the contract through to December 2013. Originally awarded the contract in July 2009, following variations, the contracted works include the provision of drill and blast works together with construction of the recently completed 1:1000 flood levee wall extension.

Industrea Managing Director and CEO, Robin Levison, said the contract demonstrates the strong working relationship between Industrea and Cockatoo Coal and is an important part of the ongoing diversification strategy
for the IMS business. “Subject to production volumes at the mine there is an option for Baralaba Coal to continue the contract services into 2014.

“We now have our key contracts across Xstrata for Black Star open-pit mine, Rio Tinto Mt Thorley Warkworth, CST Mining Lady Annie and Baralaba secured under contracts out to the end of calendar year 2013.