AusGroup Awarded New Contracts

13 August 2010

AusGroup Limited is pleased to announce the award of several contracts across the AusGroup business including fabrication, construction and scaffolding services projects.

The first contract is the award of a AU$25 million contract by Rio Tinto. AusGroup’s subsidiary, AGC Industries Pty Ltd, was awarded the contract for the Cape Lambert Port A Sustaining Works Project comprises of the implementation of a replacement iron ore product screen building located at Cape Lambert in North Western Australia. The scope of work includes the fabrication and construction of a new screen building, feed and discharge conveyors and associated transfer station consisting of 840 tonne of structural steel, platework, conveyor systems and installation of 150 tonnes of client supplied mechanical equipment. Completion is expected in May 2011.

AusGroup also secured a AU$12 million contract for scaffolding installation services for BHP Billiton Worsley Alumina Pty Ltd. The contract was awarded to MAS Australasia Pty Ltd, a subsidiary of AusGroup Limited, who will undertake the provision of scaffolding installation services to support construction works for BHP Billiton Worsley’s Efficiency and Growth Project, located in South Western Australia. Completion is scheduled for August 2011.

AusGroup’s Managing Director John Sheridan said “We are delighted to secure these contracts and look forward to delivering these projects to the complete satisfaction of our clients.”

With these new major awards and other various project awards, the Group’s order book now stands at AU$362million.