Foraco International Wins $110 Million Contract in Western Australia
February 15 2022 - 9:11AM
Dow Jones News
By Adriano Marchese
Foraco International S.A. said Tuesday that it has been awarded
a contract by Rio Tinto Western Australia Iron Ore worth $110
million.
Toronto-listed Foraco, a provider of mineral and water drilling
services, said the contract is for exploration and evaluation
drilling services in the Pilbara region.
Foraco will deploy seven rigs in total.
Write to Adriano Marchese at adriano.marchese@wsj.com
(END) Dow Jones Newswires
February 15, 2022 08:56 ET (13:56 GMT)
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