Austin Engineering wins $30 million in new contracts in August

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Global mining equipment design and manufacturer, Austin Engineering, recently secured $30 million in new contract wins for product and service delivery in Australia, USA, Indonesia and Chile.

Austin has won a $4.5 million underground mine products contract to supply five underground mine chute structures to PT Freeport Indonesia’s operations at Grasberg, Tembagapura, Papua, Indonesia.

The structures will be manufactured at Austin’s Batam facility in Indonesia. According to the company’s statement, early works have already commenced, with completion targeted in the current calendar year.

In Chile, Austin has won three-year, $10 million mining equipment support contract with KGHM for supply of truck bodies and buckets to its Sierra Gorda open-pit copper and molybdenum mine.

The company has also won contracts to supply truck bodies and other equipment to leading mining services companies including NRW Civil & Mining (NRW) and Perenti Global Ltd which will be manufactured at Austin’s Kewdale facility in Perth.

Last month, Austin received contracts for 27 truck bodies, five ore chutes and three water tanks, plus other equipment.

Austin CEO and Managing Director, David Singleton said the contract wins add strength to Austin’s order book.

“We are buoyed to have recorded such a strong month of contract wins around the globe, including a new customer in NRW Holdings. We are delivering the highest quality mining equipment with proven efficiency gains for customers, and at competitive pricing. We are expecting strong order flow to continue through this half of the year,” Mr Singleton said.

“The mine chute structure contract with Freeport Indonesia reflects Austin’s increasing focus on new products and adjacent value streams. This is in line with our global strategy to employ more innovation and technology-led design solutions for our customers, and add further products to our suite in coming years.

“Under our strategy, we have commenced manufacturing upgrades to our Kewdale facility to improve quality and efficiency, with upgrades to the Batam facility to follow.”

Image credit: https://www.austineng.com/
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