Keller Group PLC (KLR.LN), an international ground engineering specialist, said Monday its Malaysian subsidiary Keller (M) Sdn. Bhd. has been awarded a contract worth GBP30 million by Vale S.A. (VALE), the Brazilian mining company, to build the foundations for a major iron ore distribution facility in Lumut.

MAIN FACTS:

-New facility will be able to receive Valemax vessels--dry bulk carriers--and will have an annual throughput capacity of 60 million tons when operations start in 2014, eventually handling up to 200 million tons annually.

-Work is expected to start in March and be completed in the second quarter of next year.

-Shares closed Friday at 429 pence valuing the company at GBP275.94 million.

-By Ian Walker, Dow Jones Newswires; 44-20-7842-9296; ian.walker@dowjones.com

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