RNS Number:1246S
Bateman Engineering N.V.
11 April 2008
Bateman Engineering N.V.
("Bateman Engineering" or the "Company")
Contract award from BHP Billiton Energy Coal South Africa Limited
Bateman Engineering is pleased to announce the award of a contract valued at
approximately ZAR348 million (US$44.6 million) from BHP Billiton Energy Coal
South Africa Ltd ("BECSA") for the supply of two stockyards (stackers and
reclaimers for run-of-mine and product coal) as part of the coal handling
infrastructure for its Douglas-Middelburg Optimisation ("DMO") Project located
in Mpumalanga, South Africa.
The award will be undertaken as a lump-sum turnkey contract. Work is expected to
commence shortly and the project is due to be completed by the first half of
2010.
The DMO project scope includes utilising reserves across the Douglas and
Middelburg Mine Services ("MMS") collieries and development of new mining areas,
with product being fed into a new 14Mtpa coal processing plant. The project will
enable BHP Billiton to maintain energy coal exports from the combined Douglas
and MMS collieries at around current levels (approximately 9.5Mtpa BHP Billiton
share) whilst also fulfilling domestic contractual commitments.
Commenting on the award, Dr Sivi Gounden, Chief Executive Officer of Bateman
Engineering, said:
"This contract is the second award this year of a major materials handling
contract from BHP Billiton and underscores our position as a leader in the
delivery of world-class materials handling systems to the natural resources
market. The contract further cements our valued relationship with BHP Billiton
and is a significant addition to our reference list."
ENQUIRIES:
11 April 2008
Bateman Engineering
Dr Sivi Gounden,CEO +31 20 502 2370
Pieter du Plessis,CFO +41 55 451 9010
Dresdner Kleinwort
Chris Treneman +44 20 7623 8000
Alex Metherell +44 20 7623 8000
Andrew Hollins +44 20 7623 8000
College Hill
Mark Garraway +44 20 7457 2020
Further information on Bateman Engineering is available at
www.batemanengineering.com
Note for editors:
Bateman Engineering is a technology-driven engineering-project house serving the
minerals and metals industries worldwide. Bateman Engineering's shares (BATE.L)
are traded on AIM, a market of the London Stock Exchange.
This information is provided by RNS
The company news service from the London Stock Exchange
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