News

Sedgman extends Red Mountain Joint Venture operating contract

Posted on 10 Mar 2014

Sedgman has secured an extension of its operating contract at the Red Mountain Joint Venture (RMJV) in the Bowen Basin, Queensland. Sedgman has operated the coal handling and preparation plant (CHPP) there since 2007. Under the three year contract Sedgman will continue to operate and maintain the CHPP, which is designed to process 1,000 t/h. The contract value is approximately A$90 million over the life of the agreement. The Red Mountain JV is an operation between Peabody’s Millennium coal mine and BHP Mitsui’s Poitrel coal mine to share coal infrastructure.

Chief Executive Officer and Managing Director Nick Jukes said the renewal recognised the strength of Sedgman’s operations capability and its long standing relationship with RMJV. “Our operations division focuses on optimising plant throughput while maintaining high standards of safety and reliability for our clients. The Red Mountain site is an excellent example of an efficiently run operation. We’ve developed a strong, mutually rewarding relationship.”