BHP Billiton awards Viento electrical contract

Company News

BHP Billiton Limited’s (ASX:BHP) iron ore division has awarded mining services business Viento Group Limited (ASX:VIE) a power infrastructure services contract. 
 
The work will take place at BHP’s Yandi iron ore mine which is located in the Pilbara region of Western Australia. 
 
Viento Group says the contract is valued at $7.9 million and includes work on the refurbishment of the OHP Substation. 
 
Earlier this month BHP outlined plans to cut unit costs at its West Australian operations by at least 25 per cent and increase capacity by 65 million tonnes per annum.
 
BHP Billiton reported a net profit of $16.16 billion in the full 2014 financial year.