SEDGMAN SECURES SECOND CONTRACT IN US

SEDGMAN SECURES SECOND CONTRACT IN US

SEDGMAN Limited (ASX:SDM) has been awarded a $12.4 million contract with Twin Pines Minerals LLC's facility in the US.

It follows the $18.5 million contract Sedgman secured with the company in March, to design and supply a wet concentration plant.

The resources services company will provide engineering design, procurement, fabrication and delivery of a relocatable modular mineral separation plant.

Once complete, the facility will process heavy mineral concentrate produced by the wet concentration plant.

The layout will include provisions to expand the plant's capacity beyond its nominal design capacity of 15 tonnes per hour.

Sedgman CEO and managing director Peter Watson says the second contract is a testament to the company's reputation in the sector.

"This latest contract is another great example of our global minerals strategy in action and clearly demonstrates how we build enduring relationships by providing value and technical excellence for our clients," Watson says.

"We are honoured to have been chosen by TPM for this additional plant and we look forward to working with them on other opportunities in the future."

Detailed design has commenced on the project with completion scheduled for May 2016.

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

The Star Entertainment Group's (ASX: SGR) former CEO Robbie Coo...

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

The hit international reality MTV franchise that produced Jersey Sh...

Two family-owned supply chain trackers and labelling experts combine as Peacock buys insignia

Two family-owned supply chain trackers and labelling experts combine as Peacock buys insignia

Two Australian family-owned supply chain trackers specialising in l...

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi fund ADQ buys 49pc stake in infrastructure investor Plenary for $1 billion

Abu Dhabi-based sovereign wealth fund ADQ has reached a deal to buy...