Engineering company Ausenco Limited (ASX:AAX) has won a $20 million contract to deliver a development plan for the potential re-start of a coal mine in Canada.
The coal mine belongs to Teck Resources Limited if all approvals are secured Ausenco could score an extra $19 million in revenue.
Ausenco says it has already started work on the project which involves engineering design, procurement of materials and equipment and project and construction management.
The approvals are expected to be secured early 2012 and the project is due to be completed in 2013.
Ausenco swung from an interim loss to a net profit of $7.7 million in the first half of 2011.
