MARKETS

UGL adds $90m to order books

WITH a booming resources sector continuing to fuel demand for new or upgraded rail cars, wagons a...

Staff Reporter
UGL adds $90m to order books

The extra work brings the engineering company's order books to $A4.3 billion overall, with approximately $A3 billion of that coming from its rail and infrastructure businesses.

 

United Group's (UGL) customers under the new contracts include Queensland Rail (QR), BHP Billiton and Westnet in Western Australia.

 

Under the QR contract, UGL will supply 200 bogies for coal wagons and 100 coal wagon hoppers, while the BHP contract will see UGL supply 23 ore cars and 118 ore car hoppers.

 

UGL will also supply BHP Billiton with eight GE locomotives for the Pilbara region, bringing the total number ordered by the mining giant to 10.

 

Adelaide to Darwin railway operator Freightlink has also ordered 25 2-pack container well wagons.

 

New rail infrastructure contracts include:

 

  • works for Westnet to design, supply, install, test and commission upgrades to level crossings in WA;
  • pedestrian gate upgrades for VicTrack; and
  • signalling works on the third set of rail tracks between Salisbury and Kuraby – in conjunction with Queensland Rail – to increase capacity for the Brisbane commuter network.

"We are seeing renewed investment in rail infrastructure across the country," UGL chief executive Richard Leupen said. "There is strong demand for upgrades or extensions of existing passenger rail tracks and rolling stock, as well as new lines to support both population expansion in our cities and intermodal freight requirements."

 

UGL's acquisition of French engineering company Alstom in September added $A1.6 billion to United's order book.

 

"The capabilities we gained through our acquisition of Alstom's Australian and New Zealand transport businesses, like rail track construction and maintenance, signalling and tunnelling, are very complementary to our existing rail operations," Leupen said.

 

Transport.Industry-News.net

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production