Australian engineering, construction, and remediation contractor, Duratec Limited, has recently been awarded A$30 million ($20.4 million) in mining and industrial (M&I) segment work with Rio Tinto across the major miner’s iron ore and salt operations.
Key project awards within this total consist of the structural integrity remediation and Bins 3-5 life expansion works at Robe River’s West Angelas mine (A$19 million), which will commence
immediately and is due for completion by the end of the June quarter of 2025, and Dampier Salt’s Lake Macleod jetty structural integrity works bays 10 to 11 (A$6.8 million), which will commence immediately and is due for completion by the end of the calendar year.
Structural integrity projects consist of blast, protective coating and the structural remediation (including welding and steel strengthening) of a client’s assets. This, Duratec says, strongly aligns with the company’s remediation expertise and proven track record in delivery of similar packages through the company’s M&I segment. The A$30 million in M&I segment work since mid-May 2023, including these two key project awards, demonstrates Duratec’s ability to strengthen its annuity style contract awards with key strategic clients, which remains a key focus and growth area of the company.
Duratec’s Managing Director, Phil Harcourt, said: “I am elated with the company’s efforts in converting tangible opportunities to our orderbook and with the ability of our company to present itself as the contractor of choice with our key clients. The M&I segment currently represents 25% of our overall orderbook, and the outlook for this segment remains very strong, which Duratec is well positioned to capitalise on – in line with the business strategy.”