Downer exits Underground mining services
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Media/ASX and NZX Release
20 January 2021
DOWNER EXITS UNDERGROUND MINING SERVICES
Downer EDI Limited (Downer) announced today that underground mining services at OZ Minerals’
Carrapateena mine will transition from Downer to Byrnecut Australia.
The Chief Executive Officer of Downer, Grant Fenn, said the transition was another step in Downer’s
strategy to exit its capital-intensive Mining businesses and focus on its Urban Services strategy.
“Downer’s exit from Underground mining follows the sale of Open Cut Mining West, Downer Blasting
Services, the Snowden consulting business and our share in the RTL Mining and Earthworks joint venture,”
Mr Fenn said. “We remain in active discussions with a number of interested parties in relation to Open Cut
Mining East and the Otraco tyre management business.
“We will work closely with OZ Minerals and Byrnecut over the next seven weeks to ensure a smooth
transition of services at Carrapateena. This includes the objective of providing roles for the majority of
Downer’s existing workforce and the transfer of equipment from Downer to Byrnecut.”
Authorised for release by Downer’s Chief Executive Officer, Grant Fenn.
About Downer
Downer is the leading provider of integrated services in Australia and New Zealand and customers are at the
heart of everything it does. It exists to create and sustain the modern environment and its promise is to work
closely with its customers to help them succeed, using world-leading insights and solutions to design, build
and sustain assets, infrastructure and facilities. For more information visit downergroup.com.
For further information please contact:
Michael Sharp, Group Head of Corporate Affairs and Investor Relations +61 439 470 145
Downer EDI Limited
ABN 97 003 872 848
Triniti Business Campus
39 Delhi Road
North Ryde NSW 2113
1800 DOWNER
www.downergroup.com
Data sourced from publicly available filings. Our datasets may not be complete. Automated analysis can produce errors. If you believe any data on this page is incorrect, please contact us at hello@nzxplorer.co.nz. For informational purposes only. Not investment advice.
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