THE BOURSE WHISPERER: Engineering and project delivery company LogiCamms has been awarded two design contracts for work to be carried out at Rio Tinto’s iron ore port assets in Western Australia.
The contracts have a combined value of $8.3 million and will entail the initial phase for the upgrade of significant electrical infrastructure.
LogiCamms said the design contracts represent the initial phase of a broader upgrade project, which includes electrical and control system engineering design to upgrade low voltage substations and associated facilities at Rio Tinto’s East Intercourse Island and Cape Lambert sites.
The company expects the remaining phases of the project will include associated electrical construction, and operational readiness activities at these sites.
While the additional scope of work is within LogiCamms’ existing capabilities these contracts are yet to be awarded.
The program for the design & construction works at each site has been given an 18 months gestation period with each set to be delivered by a dedicated project team, with work on the project commencing immediately.
LogiCamms said the award of the port infrastructure project showed confidence in the company’s highly experienced team, excellent track record and a strengthening relationship with Rio Tinto.
“LogiCamms has over 20 years of experience in the iron ore industry, including with many Rio Tinto sites, and has completed in excess of 140 electrical substation projects LogiCamms managing director Steve Banning said in the company’s announcement to the Australian Securities Exchange
“The company also has extensive mine-to-port experience and expertise in brownfield project delivery to draw on, as well as an excellent health and safety record well below industry benchmarks.
“Rio Tinto has recognised LogiCamms’ ability to achieve their objectives on this project and we look forward to successfully delivering the project.”