SubZero Group Limited (ASX code:SZG) has finalised a significant contract for the on and offsite repair, refurbishment and fabrication of mining equipment components for one of their major resource customers in New South Wales.
The sales revenue from this contract is included in the contract revenue forecast of $130 million given in the ‘FY13 Results Announcement’, released on Friday 30 August 2013.
The contract term is three years and provides predominately new work for SZG’s Structural Support business unit. The works will be completed on the customer’s site and at SZG’s Muswellbrook facilities.
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