Austrak selected for latest Koodaideri supply contract

Vossloh Tie Technologies’ Australian subsidiary Austrak has been tapped for a railway supply contract at Rio Tinto’s Koodaideri iron ore project in the Pilbara region
Austrak selected for latest Koodaideri supply contract Austrak selected for latest Koodaideri supply contract Austrak selected for latest Koodaideri supply contract Austrak selected for latest Koodaideri supply contract Austrak selected for latest Koodaideri supply contract

Koodaideri in Australia's Pilbara

Financial terms of the transaction have not been disclosed, though Austrak said its order includes 280,000 concrete ties to be delivered in 2020.

The Koodaideri project will include the construction of an additional rail line to connect the future mine with the Rio Tinto's existing network.

Tie deliveries will originate from a factory in Western Australia, a location which will potentially also serve as a production site for other forthcoming mining projects in the Pilbara and aid Vossloh's growth in the country.

"This perfectly underlines the company's strong position in Australia's concrete tie market and once again confirms Vossloh's outlook for the 2020 fiscal year, seeing an increase in sales and profitability," CEO Andreas Busemann said.

Austrak was acquired by Vossloh in late 2018.

Koodaideri's production is scheduled to start in late 2021.