AusGroup wins $160m Karara contract

AusGroup subsidiary AGC Industries has extended its relationship with Gindalbie Metals, announcing its preferred supplier status had resulted in a $160 million structural and mechanical and piping contract at the Karara iron ore development in the Mid West.

Perth-based AusGroup said the contract would further strengthen the relationship between the two companies, while demonstrating AGC’s construction delivery capabilities.

The company announced in August last year it had been appointed as Gindalbie’s preferred structural, mechanical and piping supplier.

AGC also completed the early works contract for the Karara development.

The company said it currently has a workforce of 530 onsite at Karara with the potential to increase to approximately 700 in peak activities.

AusGroup, which is listed on the Singapore stock exchange, said the contract took its order book to $441 million.