Leighton mining contract

Leighton Holdings has been awarded a US $236 million (AUD300 million) contract by OneSteel to manage iron ore mining operations in the Middleback Ranges

Leighton Holdings has been awarded a US $236 million (AUD300 million) contract by OneSteel to manage iron ore mining operations in the Middleback Ranges.

The deal extends the nine-year relationship between Onesteel and HWE Mining, which is now part of Leighton Contractors.

OneSteel�s growth initiative, Project Magnet, will see it increase the production rate of magnetite and hematite iron ore in the South Middleback Ranges to over nine million tonnes a year by the middle
of 2007.

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