Rio Tinto Limited
(ASX:RIO) has awarded LogiCamms Limited
(ASX:LCM) two design contracts worth $8.3 million.
The contracts will help design electrical and control system engineering to upgrade facilities like low voltage substations at Rio’s East Intercourse Island and Cape Lambert iron ore port sites in Western Australia, and are expected to be delivered within 18 months.
Meanwhile, Port Headland, one of the world’s largest export terminals for iron ore that is heavily used by Rio, has been shut today as a precaution due to the approaching tropical cyclone Heidi.
Rio Tinto reported a net profit of $7.5 billion in the first half of the 2011 calendar year.
