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:: MRL Awarded Christmas Creek Crushing Contract
Mineral Resources Limited is pleased to announce it has been awarded a contract for the design, construction and operation of the second ore facility and related infrastructure at Fortescue Metals Group Ltd's Christmas Creek mine in WA to be jointly funded by Fortescue and Mineral Resources.
Construction of the additional 25 million tonne per annum facility will commence immediately with commercial production scheduled to commence by September.
The operational phase of the contract commences on completion of construction and will generate potential revenue in excess of $1 billion over 10 years.
In addition of this project and substantial ongoing contract work, Mineral Resources is also constructing its own iron ore operation at Carina in the state's Yilgarn region and expects to have the first iron ore on train from this project in the final quarter of 2011.
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