Decmil scores $71M Roy Hill contracts

Company News

Decmil Group Limited (ASX:DCG) has scored two contracts worth more than $71 million at Gina Rinehart's $10 billion Roy Hill Iron Ore Project. 
 
The civil engineering company will work on the design and construction of rail and port infrastructure for the project which is located in the Pilbara region of Western Australia. 
 
While the contracts are dependent on a final investment decision for the project Decmil has stated it expects work to start on both projects in 2014. 
 
Gina Rinehart's company Hancock Prospecting has a 70 per cent stake Roy Hill Iron Ore Project which is expected to become one of Australia’s largest mining projects. 
 
Decmil Group posted a net profit of $44.1 million in the first half of the 2013 financial year. 

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