Business

CDE Global secures multi-million pound contract with Arrium Mining in Australia

AggMax modular logwasher on CDE Mining iron ore project
AggMax modular logwasher on CDE Mining iron ore project AggMax modular logwasher on CDE Mining iron ore project

COOKSTOWN based CDE Global is extending its global reach still further with a new multi-million pound contract to deliver waste processing plants in Australia.

The contract - of undisclosed value - is for two plants for Arrium Mining in south Australia and will be the company's biggest project in the country to date.

It will mean almost 17 million tonnes of low grade iron fines will be converted into a "high value saleable product" for CDE Global which manufactures washing and classification equipment for a variety of sectors including construction waste recycling and mining.

Chris McKeown, technical manager with CDE Global said: "This is a very significant project win for CDE as we continue to embark on an accelerated growth programme over the course of the next five years.

"The modular nature of our equipment has a number of benefits which have been recognised by our clients and this has opened up great opportunities for us in Australia."

Gavin Hobart, general manager in development with Arrium Mining said the deal had been sealed following several visits to CDE projects not only in Australia, but also in Norway, the UK and Brazil.

"We visited several CDE projects and observed how their AggMax machine had been applied successfully on similar projects," he said.

"This gave us confidence that it provided an innovative way to tackle clay bound materials. We were also impressed by the fact that the time required for installation and commissioning of the plant is reduced as a result of the integration of several processing phases onto one machine."

The first new plant will be located at Arrium Mining’s Iron Knob mining location, processing substantive stockpiles of low grade iron ore which have accumulated during years of mining the Iron Monarch and Iron Princess deposits.

The second is at the Iron Baron mining location and will also process low grade iron ore which is stockpiled since mining started in 1930.

Work will then progress into the Iron Empress and Iron Baroness Scree ore deposits in this region.

The project represents a new niche for CDE in the large scale recovery of valuable resources from mining waste materials and expansion into one of its key export markets.

It is another boost for the firm which has regional offices in Kolkata (India), Sao Paulo (Brazil) and Cary (North America) - last year turnover grew by 43 per cent to £46.3 million and was attributed largely to the ongoing strategy of targeting new export markets.