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BRISBANE - Ausenco Limited (ASX: AAX) today announced the award of a Create phase (EPCM) contract to deliver the development plan for the potential re-start of Teck Resources Limited’s Quintette coal mine in northern British Columbia, Canada.
Ausenco has already commenced work on the initial stages of the project, which is expected to be worth up to $20 million in revenue to the group. Should the development proceed through the permitting and approval process, anticipated in early 2012, Ausenco could gain an additional $19 million in revenue from the project.
The contract involves detailed engineering design of the facility, procurement of materials and equipment, project and construction management and pre-commissioning of the mine.
Ausenco’s Process Infrastructure business line is managing the project, which is due for completion in 2013.
Ausenco CEO Zimi Meka said the new contract built on Ausenco’s previous work on the project, including the feasibility study and early engineering work. “We have a strong working relationship with Teck Resources through our Vancouver based team and look forward to continuing to work with the team to deliver this important project,” he said.
The Quintette coal mine is located in British Colombia, Canada, on the eastern side of the Rocky Mountain range and previously operated from 1982 to 2000.
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