Hochtief's Cimic Signs A$260 Million Contract with BHP
June 15 2018 - 2:28AM
Dow Jones News
By Nathan Allen
Hochtief AG's (HOT.XE) Australian subsidiary CIMIC Group Ltd.
(CIM.AU) said Friday it signed a mining-infrastructure contract
with BHP Billiton Ltd. (BHP.AU), which should bring in revenue of
around A$260 million ($195.8 million).
Cimic's CPB Contractors brand will provide construction of bulk
earthworks, concrete and underground services for BHP's South Flank
iron ore project in Western Australia's Pilbara region.
Construction will begin in July and is set to finish in
September 2020, Cimic said.
Write to Nathan Allen at nathan.allen@dowjones.com
(END) Dow Jones Newswires
June 15, 2018 02:13 ET (06:13 GMT)
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