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|AECOM wins US$12-million mine-extension contract in Australia|
LOS ANGELES, Mar 29, 2010 (BUSINESS WIRE) --AECOM Technology Corporation (NYSE: ACM), a leading provider of professional technical and management support services for government and commercial clients around the world, announced today that it has won a US$12-million design contract from Rio Tinto Coal Australia.
The contract is part of the company's Kestrel Mine extension project in Queensland's Bowen Basin. AECOM's responsibilities will pertain to the completion of the extension's design scope, including the remaining work required for the surface infrastructure.
The extension will provide new underground and surface infrastructure, which includes new mine access and conveyor drifts to surface, new coal-clearance systems, overland conveying, washplant upgrades, new surface facilities, and backbone infrastructure.
The Kestrel Mine produces high-quality coking coal and thermal coal for export. It uses longwall extraction methods that produce higher resource-recovery rates, use lower volumes of roof-support materials and offer increased roof protection for workers than other mining methods.
"We take pride in the fact that we are applying sustainability principles to our work on this expansive project," said John M. Dionisio, AECOM president and chief executive officer.
AECOM was previously responsible for providing the feasibility study and detailed engineering services for the project.
The first coal shipment from the new mine extension is scheduled for 2012.
AECOM (NYSE: ACM) is a global provider of professional technical and management support services to a broad range of markets, including transportation, facilities, environmental, energy, water and government. With approximately 45,000 employees around the world, AECOM is a leader in all of the key markets that it serves. AECOM provides a blend of global reach, local knowledge, innovation, and technical excellence in delivering solutions that enhance and sustain the world's built, natural, and social environments. A Fortune 500 company, AECOM serves clients in more than 100 countries and had revenue of $6.1 billion during the 12-month period ended December 31, 2009. More information on AECOM and its services can be found at www.aecom.com.
Forward-Looking Statements: All statements in this press release other than statements of historical fact are "forward-looking statements" for purposes of federal and state securities laws, including any statements of plans for future operations or expected revenue.Actual results could differ materially from those projected or assumed in any of our forward-looking statements.Important factors that could cause actual results to differ materially from our forward-looking statements are set forth in our quarterly report on Form 10-Q for the fiscal quarter ended December 31, 2009, and our other reports filed with the U.S. Securities and Exchange Commission.AECOM does not intend, and undertakes no obligation, to update any forward-looking statement.
SOURCE: AECOM Technology Corporation
AECOM Technology Corporation