BGC Contracting Awarded Major Contract at Roy Hill

BGC Contracting has been awarded the Aerodrome and Mine Site Internal Roads contract for the Roy Hill Project, a major new Pilbara iron ore mining development which is majority-owned by WA’s Hancock Prospecting Pty Ltd.

The contract involves the construction of the Aerodrome, the Airport Road and the Village Road and has an estimated contract value of $120 million.

This complements the previously awarded Early Contracting Involvement (ECI) contract for the construction of the railway line to BGC Contracting, as part of the Roy Hill Rail Joint Venture. The Roy Hill Joint Venture partners are John Holland, Macmahon Holdings and BGC Contracting. The scope on that contract includes a 340 kilometre railway from mine to port and associated infrastructure.

The Roy Hill project is located approximately 277 kilometres south of Port Hedland in the Pilbara region ofWestern Australia. The project will be a world-class iron ore mine expected to commence operations in 2014, with the deposit being one of the largest ore bodies inAustraliawith more than 2.4 billion tonnes of low phosphorous iron ore resources. It is the only independent world class Pilbara iron ore mine project with WA majority ownership.

Greg Heylen, Chief Executive Officer said “BGC Contracting is proud to be a part of such a significant project forWestern Australia that will create more than 4000 jobs during the construction of the overall project. We look forward to delivering a quality outcome for the Roy Hill Project and maintaining a long and mutually rewarding relationship”.

Work on the contract is set to commence immediately and be completed by March 2013.