Wednesday, 22 August 2018

Announcement

MKTUPDTE: WKSHA: Ausenco Downer awarded EPC contract for Carrapateena

11 Dec 2017 11:02NZX
AUSENCO DOWNER AWARDED EPC CONTRACT FOR CARRAPATEENA

Downer EDI Limited (Downer) announced today that, along with its joint
venture partner Ausenco Pty Ltd (Ausenco), it had been awarded a contract by
OZ Minerals Carrapateena Pty Ltd (OZ Minerals) for work at the Carrapateena
copper gold mine project, 160 kilometres north of Port Augusta in South
Australia.

The scope of work includes:
o engineering, procurement and construction (EPC) of a new minerals
processing plant, including the non-process infrastructure to support the
operations;
o site power distribution;
o plant bore fields development for regional water supply; and
o full communications and telemetry network.

Initial works will commence under a limited notice to proceed (LNTP) and
construction is scheduled to commence at the end of the first quarter of the
2018 calendar year.
The initial LNTP works are valued at approximately $100 million with the full
contract value estimated at approximately $312 million.

The Chief Executive Officer of Downer, Grant Fenn, said Downer was proud to
be selected with Ausenco to deliver this important project which will play a
critical role in boosting the existing and future copper export capacity for
OZ Minerals and South Australia.

"Today''s announcement builds on the joint venture partners'' extensive
experience and specialist skills in the development of large-scale materials
handling infrastructure and combines Downer''s national construction expertise
with Ausenco''s world-class mineral processing capability," he said. "We look
forward to working closely with Ausenco and bringing innovative and efficient
solutions to OZ Minerals."

The Chief Executive Officer of Ausenco, Zimi Meka, said the Ausenco Downer
joint venture team and OZ Minerals had already developed excellent working
relationships. "With our complementary values, people, approaches and
absolute commitment to a safe and cost effective project, we are delighted to
be working with Downer and look forward to delivering a successful project
for OZ Minerals," he said.

About Downer
Downer EDI Limited (Downer) is listed on the Australian Securities Exchange
and the New Zealand Stock Exchange. Downer also owns 88% of Spotless Group
Holdings Limited. Downer employs over 56,000 people across more than 300
sites, primarily in Australia and New Zealand but also in the Asia-Pacific
region, South America and Southern Africa. We build strong relationships of
trust with our customers, truly understanding and predicting their needs and
bringing them world leading insights and solutions. For more on Downer,
visit: www.downergroup.com.

For further information please contact:

Michael Sharp, Group Head of Corporate Affairs and Investor Relations
+61 439 470 145
End CA:00311719 For:WKS    Type:MKTUPDTE   Time:2017-12-11 11:02:34
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