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HomeFinTechDecmil Group: Secures $30M contract with Rio Tinto

Decmil Group: Secures $30M contract with Rio Tinto

Date:

  • Decmil Group (DCG) has secured a $30 M contract from Rio Tinto to design and construct facilities at the Mesa J iron ore mine in WA
  • The Mesa J mine lies in the Pilbara region of Western Australia, 16 kilometers southwest of Pannawoncia
  • It is part of the Robe Valley hub which owned by the Robe River joint venture (JV)
  • This new contract adds to the already existing $8.7 M contract that Decmil awarded in mid-October for the Mesa A mine
  • Then the Mesa J contract expected to completed by the end of 2021
  • Decmil has ended the day 3.08 percent in the green with shares trading for 6.7 cents each

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