SEDGMAN RENEWS LUCRATIVE CONTRACT

Written on the 17 March 2015

SEDGMAN RENEWS LUCRATIVE CONTRACT

SEDGMAN Limited (ASX:SDM) has strengthened its partnership with Glencore, after successfully securing a contract renewal with the international miner.

The Brisbane-based resources sector services company extended its crushing and screening contract at the Mount Isa Mines operation, taking it through until 2016.

The facility was established in 2006 and is expected to crush approximately 3.2 metric tonnes annually of lead-zinc ore from the Black Star Open Cut mine.

The three stage crushing circuit can reduce material from a maximum feed size of 800mm to a final product size of 14mm.

Sedgman CEO and managing director Peter Watson says the team was looking forward to future prospects at the mine.

"We have been working closely with Mount Isa Mines to continually improve our operations performance through effective operating practices," Watson says.

"Our Mount Isa operations team have demonstrated their expertise in maintaining high-availability and delivering high production performance while maintaining excellent safety standards."

Sedgman deploys 19 employees on the site, supported by an off-site technical team in Brisbane and Townsville.

The workshop in Townsville provides fabrication, equipment refurbishment and shutdown support to Mount Isa.


Latest News

CROMWELL TRADES STEADILY IN FIRST HALF

CROMWELL Property Group has maintained a steady operating profit at $0.045 per security in the first half of FY17,...

WHY NEXTDC'S STOCK IS SOARING

AFTER posting its interim result, NEXTDC (ASX: NXT) gained more than 12 per cent on the stock market before noon.
...

PWR PROFIT CRASHES AS DOLLAR RISES AND COSTS MOUNT

A RISING Aussie dollar has offset PWR Holdings Limited's (ASX:PWH) overseas growth in the last half, forcing a...

SUPER RETAIL GROUP RESULTS SHINE ACROSS THE BOARD

A WELL-planned and executed half has paid off for Super Retail Group (ASX:SUL) as it posts a net profit result up ...

Related News

EVERYTHING YOU NEED TO KNOW ABOUT THE NATIONAL BROADBAND NETWORK

THE National Broadband Network (NBN) is more than an internet connection, it is an opportunity to transform your b...

WHY EMPLOYEE-OWNED COMPANIES ARE BEATING ASX200 SHARE PRICES

EMPLOYEE-owned companies command a higher share price than their publicly listed peers, reaping a 17 per cent prem...

RISE OF THE MACHINES HAS WORKERS SWEATING

UP TO 3.8 million Australian workers are fearful their job may soon be terminated by a robot, a new survey has shown....

LESS TALK, MORE SMALL BUSINESS ACTION IN 2017

THE future growth and prosperity of Australian SMEs could be undermined if governments lose sight of the sector...

Contact us

Email News Update Sign Up Contact Details
Subscriptions

PO Box 2087
Brisbane QLD 4001

LoginTell a FriendSign Up to Newsletter