View in Other Languages Downer (ASX:DOW) Surged on Expected A$3Bn Fortescue (ASX:FMG) Contract Downer (ASX:DOW)股票在Fortescue (ASX:FMG) 30亿澳元合同预期下大涨 Downer (ASX:DOW), Fortescue (ASX:FMG)의 30억 달러(A$) 계약 수주 전망으로 주가 상승 Downer (ASX:DOW)、Fortescue (ASX:FMG)と30億豪ドルの契約締結の可能性大 أسهم Downer ASX:DOW تحلق لتوقع منحها عقد بقيمة 3 بليون دولار أسترالي من Fortescue ASX:FMG Downer (ASX:DOW)股票在Fortescue (ASX:FMG) 30億澳元合同預期下大漲 
Downer EDI Limited (ASX:DOW) Surged on Expected A$3Bn Fortescue (ASX:FMG) Contract
Downer EDI Limited (ASX:DOW) Surged on Expected A$3Bn Fortescue (ASX:FMG) Contract

Sydney, May 17, 2010 AEST (ABN Newswire) - Shares in Downer EDI Ltd (googlechartASX:DOW) surged after the engineering and infrastructure company Friday said it had been awarded preferred tenderer status on a A$3 billion six-year contract with Fortescue Metals Group (googlechartASX:FMG).

Downer EDI is expected to provide mining services at Fortescue's Christmas Creek operation in the east Pilbara region of Western Australia. Contract negotiations for the project are still to be completed, but are expected to be finalised in June. The project is scheduled to commence in July.

The contracted services will include the establishment of infrastructure, drill and blast, load and haul overburden, and an expected BCM of 343m over a six-year period.

Contact

Michelle Liang
Asia Business News Asia Bureau
Tel: +61-2-9247-4344
Email: michelle.liang@abnnewswire.net


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