Civil and mining contractor Brierty Limited (BYL) is pleased to announce the signing of a $60 million contract with Fortescue Metals Group Limited (FMG) for the construction of approximately 25 km of rail formation for the Solomon Rail Spur. The contract follows the successful completion of a small contract for the earthworks associated with Fortescue’s accommodation facilities for the Solomon Rail project. The construction of the rail formation includes almost 2 million cubic metres of earthworks. Preliminary work has commenced and the project will be completed by the end of June 2012. With a number of other recent smaller contract wins, the contract brings the total secured work on hand for the 2012 financial year to $215 million, 86% of the targeted $250 million FY12 revenue.
Brierty CEO Peter McBain said that the award reflects and builds on our strong relationship with Fortescue having been a foundation contractor on the construction of the original main Cloudbreak rail line. Fortescue is a valued client and we are very happy to be contributing to this exciting project. “The win is a reflection of our acknowledged capability and experience in major infrastructure projects in Western and Northern Australia. The project also fits perfectly with the current business plan and increases the utilisation of owned assets.”
Brierty provides civil construction and mining services to government and private industry through three lines of business which include Land – Construction of urban and regional land developments; Civil – Highway and road construction, bulk earthworks, railways, airport runways, site-works, concrete and pavement works; and Mining – Contract mining and mine maintenance.
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