Sedgman Limited
(ASX:SDM) has extended an operating contract at Xstrata PLC’s McArthur River lead and zinc mine in the Northern Territory.
The extended contract is expected to generate total revenue of approximately $12 million for the resources services company.
CEO Nick Jukes says the contract recognises Sedgman’s expertise in base metals operations and builds on a proven track record of delivering efficient operations at McArthur River.
Sedgman has been operating the sites crushing and screening facility for over 11 years now.
Sedgman generated a net profit of $12.3 million for the first half of the current financial year.
