Tag Archives: water drilling

Foraco to help Rio Tinto manage groundwater activities in the Pilbara

Foraco International SA, a global provider of mineral and water drilling services, says it has been awarded a major contract with Rio Tinto Iron Ore.

This contract is for water-related drilling services in the Pilbara region, involving both monitoring wells, dewatering wells and vibrating wire piezometers digital networks installation, mostly with flooded reverse circulation rigs. The length of the contract is two years, with an option for a further three years. It will see a total of four rigs deployed and a VWP grout unit, including Foraco’s new proprietary generation of BF800, the NGBF. This 60 t pull, remotely-operated rig brings Foraco’s diameter drilling capacity to the next step in term of intrinsic safety and capabilities, according to the company.

The contract has a total value of A$111 million ($74 million), including options.

Daniel Simoncini, CEO of Foraco, said: “Our remarkable partnership with Rio Tinto Iron Ore in the Pilbara has gone one step further with this additional contract on top of our long-term exploration contract and we’re very excited to extend our collaboration with Rio Tinto to help them to manage their mines’ groundwater, which is now seen as a critical and vital natural resource to be preserved and well managed.

“We are very proud that Rio Tinto management and their field operators appreciate Foraco technical expertise, safe execution and reliable services. This is a great reward for all our employees, field crews and support teams in Australia.”