Austrak wins contract for Rio Tinto Koodaideri mining project

27 June 2019 (Last Updated July 5th, 2019 11:59)

Vossloh Tie Technologies’s Australian subsidiary Austrak has secured an order for the delivery of concrete ties for Rio Tinto’s Koodaideri mining project.

Vossloh Tie Technologies’s Australian subsidiary Austrak has secured an order for the delivery of 280,000 concrete ties for Rio Tinto’s Koodaideri mining project in the Pilbara region of Australia.

The concrete ties are expected to be delivered in 2020.

Koodaideri, which is located approximately 35km north-west of Rio Tinto’s Yandicoogina mine site, will serve as a production hub for the company and feature a processing plant and infrastructure that includes a 166km rail line.

First production from the mine is expected in late 2021. Upon completion, the mine is set to have a production capacity of 43 million tonnes per annum (Mmtpa).

Austrak expects to perform the deliveries from a factory in Western Australia, which will also serve as a production site for future mining projects in the Pilbara region. This facility provides potential for Vossloh to tap further opportunities in Australia.

Vossloh chief executive officer Andreas Busemann said: “We are excited to see that our recent acquisition Austrak succeeded in this tender, contributing substantial value to Vossloh shortly after acquisition.

“This perfectly underlines the company’s strong position in Australia’s concrete tie market and once again confirms Vossloh’s outlook for the 2020 fiscal year, seeing an increase in sales and profitability.”

In November 2018, Rio Tinto approved a $2.6bn investment in the Koodaideri mine. The project is being developed in multiple phases.

Phase I of the operation is expected to help sustain Rio Tinto’s existing production capacity by replacing depletion elsewhere in the system.