“We are delighted to secure the award of this prestigious shiploader project which represents a significant advancement of our balance machine division," says Civmec CEO Patrick Tallon.
"Civmec continues to expand its footprint in the balance machines sector, including stackers, reclaimers and shiploaders, in anticipation of at least 30-40 new, replacement and major refurbishments of balance machines that will be required across Australia over the next 10 years," he adds.
With steady wins of new orders, Civmec says its total order book remains above A$800 million.
Civmec shares, quoted on the Singapore Exchange, was up 2.68% to $1.15, extending a year to date gain of 43.75%.
