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CIM CIMIC Group Limited

22.00
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 20 minutes
Share Name Share Symbol Market Type
CIMIC Group Limited ASX:CIM Australian Stock Exchange Ordinary Share
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 22.00 22.00 22.01 0.00 01:00:00

Hochtief's Cimic Signs A$260 Million Contract with BHP

15/06/2018 7:28am

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CIMIC (ASX:CIM)
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   By Nathan Allen 
 

Hochtief AG's (HOT.XE) Australian subsidiary CIMIC Group Ltd. (CIM.AU) said Friday it signed a mining-infrastructure contract with BHP Billiton Ltd. (BHP.AU), which should bring in revenue of around A$260 million ($195.8 million).

Cimic's CPB Contractors brand will provide construction of bulk earthworks, concrete and underground services for BHP's South Flank iron ore project in Western Australia's Pilbara region.

Construction will begin in July and is set to finish in September 2020, Cimic said.

 

Write to Nathan Allen at nathan.allen@dowjones.com

 

(END) Dow Jones Newswires

June 15, 2018 02:13 ET (06:13 GMT)

Copyright (c) 2018 Dow Jones & Company, Inc.

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