Downer wins $660M contract with Oz Minerals

Company News

by Anna Napoli

Downer EDI (ASX:DOW) has won a $660 million dollar contract with OZ Minerals to provide mining services.

The agreement will see Downer supply underground mining services at the Carrapateena mine in South Australia from the 1st of July (2018).

The company already has the engineering, procurement and construction contract with joint venture partner Ausenco.

Downer says the deal is an excellent example of the breadth of services the company offers to customers in the mining and resources sector.

Shares in Downer EDI (ASX:DOW) are trading 0.77% per cent higher to $6.53
 

Anna Napoli

Finance News Network
Anna joined FNN February 2018 and also works with Channel 7 as a freelance producer. Anna has also worked as a lawyer and lecturer. She has also presented news updates for interstate news with Southern Cross Austereo.