$276 Million Port Project Won by John Holland

John Holland Group will be developing a port associated with Rio Tinto's Cape Lambert iron ore project.

The subsidiary of Leighton Holdings is all set to build a 920 meter jetty and two berth wharf, new ship loading facilities and related piping works. The entire deal is for $276 million for John Holland.

The Managing Director of John Holland, Glenn Palin is naturally pleased with the new deal in Western Australia. He said that it would build on John Holland's experience in building marine extension works in the resources sector.

The new port facilities are a part of the early works involved for Rio Tinto's Cape Lambert Port B project in North West of Western Australia. The Cape Lambert port capacity is likely to increase to 50 million tonnes per annum as part of the collaboration between John Holland's Energy and Resources and Western Region businesses.

The construction activities will begin right away and are expected to finish by the end of 2012. The location is at Port Walcott located 40 km east of Karratha in Western Australia.