METS

BHP awards $41M to indigenous JV

BHP Billiton Iron Ore has awarded a $A41 million contract to a joint venture between Forge Group subsidiary Cimeco and majority owned indigenous company Pilbara Logistics (WA) to deliver civil, mechanical and electrical instrumentation services in Western Australia’s northwest.

Brooke Showers
BHP awards $41M to indigenous JV

The contract will be managed by CPL, Cimeco and PLWA’s joint venture formed to manage the relationship and any projects jointly undertaken by the companies.

CPL will be able to tender for more work providing civil, mechanical and electrical instrumentation services in the state’s busy iron ore sector.

PLWA’s majority shareholder, Geoff Stocker is a recognised leader in the training, mentoring and supporting of local indigenous men and women in the Pilbara.

Forge acknowledged BHP’s encouragement to team up with PLWA and said it was pleased to be associated with a company such as PLWA which has such standing in the indigenous community.

Forge shares dropped 13c to $6.07.

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