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The contracts are valued at $A88 million.
The company will supply 14 new GE Evolution locomotives for Rio Tinto Iron Ore’s Karratha operations, taking the total number of UGL-supplied locomotives for Rio in the Pilbara to more than 150.
UGL will also supply 7 C44ACi locomotives to an unnamed resources customer in the Hunter Valley.
The contract also includes a five-year maintenance contract to support rail haulage services.
UGL says it is well-placed to secure further rail contracts.
“We continue to see a large and long pipeline of rail opportunities, particularly in the resources-related rail freight market with both locomotives and wagons,” UGL managing director and chief executive officer Richard Leupen said.
Last month UGL posted a record full-year profit of $158.5 million, with the rail business contributing revenue of $1.2 billion.
UGL shares remain at $11.93 this morning.
