Leighton’s Subsidiary Wins $344 Million Rio Tinto Contract

By Glenn Dyer | More Articles by Glenn Dyer

Leighton Contractors’ HWE Mining has been awarded a $344 million contract to provide mine development services at Rio Tinto’s Mesa A iron ore operation in Western Australia.

The project is the first major contract to be awarded by Rio Tinto Iron Ore to HWE Mining.

HWE Mining will design and construct the ore handling and train loading plant, as well as associated mine infrastructure at the iron ore operation, located 50 kilometres from Pannawonica in Western Australia’s Pilbara region.

Peter McMorrow, managing director of Leighton Contractors, said the project would be led by HWE Mining and would utilise the multi-disciplinary expertise of Leighton Contractor’s mining, construction and industrial divisions.

“The Mesa A project is a key operation for Rio Tinto Iron Ore and will provide Leighton Contractors with an opportunity to demonstrate the depth of expertise within our mining, construction and industrial divisions,” he said.

Leighton Contractors is one of Australia’s leading construction, mining, services and telecommunications groups with over $8 billion of work in hand, employing more than 7500 people across Australian and New Zealand.

It is a wholly owned subsidiary of Leighton Limited.

Shares in Leighton (LEI) ended 50 cents to $43.50.

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About Glenn Dyer

Glenn Dyer has been a finance journalist and TV producer for more than 40 years. He has worked at Maxwell Newton Publications, Queensland Newspapers, AAP, The Australian Financial Review, The Nine Network and Crikey.

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