CPB Contractors, a CIMIC Group Limited (ASX: CIM) company, has been selected by Rio Tinto to deliver three separate packages of work at Robe Valley, in the Pilbara Region of WA.
- The project’s worth is approximately $150 million, which includes earthworks and civil works linked with the development of Robe Valley;
- CIMIC has a strong track record of delivering significant projects to the iron ore industry;
- The project is expected to be completed by the end of 2021.
At AEST 12:53PM, the stock was trading at $34.320 per share, up by 2.326% from its previous close.
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