Downer awarded three year mining contract

DOWNER AWARDED THREE YEAR MINING CONTRACT Downer EDI Limited (Downer) today announced it had signed a contract with Cobar Management Pty Limited for the provision of mining services at the CSA mine, which is an underground copper mine located in Cobar, Central Western NSW. Cobar Management Pty Limited is a wholly-owned subsidiary of Glencore plc, a global diversified natural resource company. The three year contract, with Cobar Management having at its discretion an option to extend the term up to 24 months, is valued at approximately $120 million and follows the successful completion of a three year mining services contract awarded to Downer in May 2015. Downer's scope of works includes mechanised decline and lateral development mining and haulage, with the provision of ground support services including shotcrete and cable bolting. The Chief Executive Officer of Downer, Grant Fenn, said he was very pleased to be continuing Downer's relationship with Cobar Management. "Downer has a strong track record of providing mining services to Cobar Management and helping it to drive efficiencies across its operations. We look forward to extending our working relationship and continuing to deliver efficient solutions for the CSA mine," Mr Fenn said. End CA:00321750 For:DOW Type:GENERAL Time:2018-08-06 11:17:05