ADANI MINING PTY LTD
AUSTRALIA bankable feasibility phase and now we ’ re in the ordering phase , completing key contracts . Last year we completed the port contract and we just recently finished the Downer contract for mining ,” said Janakaraj .
The Downer contract , which is a five-year deal that includes two additional one-year options , is for mining services and construction of mine infrastructure . It will also include statutory management and mine operations , drilling , blasting , and load and haul of waste and coal .
Downer will also be responsible for the engineering procurement and construction of on-site infrastructure and preparatory civil works . Adani will provide the capital for the major fleet for the mining services contract .
“ In selecting Downer as the mining services contractor , we are confident that not only are we wellplaced to meet our longstanding first coal guidance of 2017 , but that we are one step closer to our goal of building a long-term future with Queensland ,” said Janakaraj .
Adani has also secured a $ 2.2 billion agreement with Koreanbased powerhouse POSCO for the engineering , procurement and construction of the North Galilee Basin Rail ( NGBR ).
Adani is expected to complete contracts for the coal handling plant and mine construction later this year . The company is currently finalizing contracts for machinery providers , and names should be announced sometime later this month .
“ The revenue generation and the returns on the infrastructure assets are truly needed by the State . This model will not just create jobs but will create a sustainable future for Australia .”
– Jeyakumar “ JJ ” Janakaraj , CEO of Adani Mining
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