A construction and engineering company won a contract for urgent work at a major operation.
Duratec recently secured a tender for BHP Western Australia Iron Ore’s Wharf Structural Remediation Project at Finucane Island, 17km northwest of Port Hedland.
The successful bidder is tasked with:
- installing pile jackets
- remediating concrete
- replacing steel ladders
- repairing pile wrapping
- repairing steel piles and steel members
- repairing the approach jetty and maintenance jetty (berth D)
- demolishing two access landings (berth C and between berths C and D)
- fabricating and installing a new raw water line and hose connection points.
QMEB can reveal the deal is worth $48 million.
Work began immediately with commencement on-site scheduled for March 2023 and project completion expected in February 2025.
“Duratec has a long history in delivering large asset remediation projects nationwide, supported by Duratec’s in-house technical engineering expertise,” Duratec managing director Phil Harcourt said in a public statement.
Meanwhile, OZ Minerals’ (OZL’s) board of directors unanimously recommended that shareholders support a new scheme implementation deed with BHP Lonsdale Investments.
Each OZL director promised to vote in favour of the deed with their own company shares. The mining giant’s $9.6 billion takeover offer is still subject to an independent expert concluding the scheme is in investors’ best interests.
“The combination of BHP and OZL’s assets, skills and technical expertise provides a unique opportunity not available under separate ownership with complementary resources including the Oak Dam exploration prospect and existing facilities within close proximity – backed by BHP’s strong balance sheet, capital discipline and commitment to sustainable development,” BHP CEO Mike Henry said in a public statement.
“We thank the OZL board and management for their engagement through the due diligence process, and look forward to working together to continue to take steps forward to complete the transaction.”