Strabag confirmed for potash mine tunnel fit-out

Aaron Morby 6 years ago
Share

Yorkshire potash mine developer Sirius Minerals this morning confirmed Austrian civil engineering giant Strabag will deliver the fit-out for its 37km tunnel transport system.

The firm has already secured all three major tunnel contracts for the £3.2bn project to deliver excavated potash mineral underground to the coast.

The latest contract includes the fit-out of the MTS conveyor, the maintenance railway, electrical and communications infrastructure, and all other services in the tunnel essential to the operation of the MTS.

In total, the tunnel drive and fit-out is expected to cost around £1.1bn.

More than half of the MTS fit-out price is on a fixed rates or lump sum basis.

The remainder of the MTS fit-out price is based upon estimated prices that will be converted into fixed prices prior to completion of stage 2 financing.

Chris Fraser, managing director and CEO of Sirius, said: “Procurement of the mineral transport system fit-out marks the completion of our major construction procurement programme to support our stage 2 senior debt financing process and is a significant milestone for the company.

“Our efforts are now focussed on the successful execution of our financing plan to fully finance the construction of our world-class, long-life polyhalite project.

Progress on Woodsmith mine service shaft in Yorkshire

Latest news

Watchdog MPs raise alarm over HS2 Euston station plan

Public spending watchdog red flags 'no plan or timescale' for London Terminus
2 hours ago

Network Rail fined £3.41m after Surbiton track worker death

30-year-old track worker Tyler Byrne was struck by a passenger train in Surbiton
22 hours ago

Government picks 43 consultants for Net Zero programmes

Jacobs, Mace, Mott MacDonald and Costain feature across multiple lots
2 hours ago

£2.2bn Gatwick second runway decision delayed

Government 'minded to approve' expansion but puts back decision to October
21 hours ago

Avant Homes gets green light for £68m Scottish site

Construction set to start in July
2 hours ago

Funding deal for £237m Tide Construction student tower

48-storey project will be first major student scheme on Canary Wharf
23 hours ago

McLaren wins £29m south east London industrial job

Crayford urban logistics hub starts construction
1 day ago

Government to license principal contractors after Grenfell

Seven firms criticised in Inquiry to face ban from government contracts
2 days ago

Taylor Wimpey fire safey retrofit costs rise by £88m

Cost inflation pushes up expected remediation costs
1 day ago

Green light for £100m A47 road junction upgrade

Long-awaited A47/A11 Thickthorn junction will support over 40,000 homes
1 day ago

Sisk starts remediation work for 1,600-home Birkenhead scheme

Wirral council has secured £52m for Hind Street Urban Village infrastructure
1 day ago

CITB set to spend £2m with advertising agency

Training body goes out to tender for media planning and buying contract
1 day ago

Plans unveiled for 50-storey plus Liverpool tower

Planning submission later this year for £1bn King Edward project
1 day ago

Overbury profits lift Morgan Sindall to another record year

Construction margin hits 3% as group daily cash soars to £374m
2 days ago

Galliford Try wins £45m high security prison fire safety retrofit

HMP Wakefield provides upgrade challenges in secure environments
2 days ago

Over 120 firms win £660m retrofit and decarb framework

LHC national framework covers capabilities from consultancy to retrofit works
3 days ago

Costain signs PM and engineering resources deal for Sizewell C

10-year framework will cover project managers and engineers, cost controllers and risk managers
3 days ago

Lovell Partnerships to build 2,260 South Wales homes

Cardiff and Vale of Glamorgan councils partnership to deliver homes over 10 years
3 days ago

HS2 Euston tunnel work put on hold

Supply chain told of delays in shock announcement
3 days ago

Gateway 2 approval delay pushes back Bristol student scheme

Student developer warns fire design approvals will push projects back 6 months
3 days ago

Axa submits plan for 46-storey London city tower

176m office block plan submitted after 22 Bishopsgate space fully let
3 days ago

Winners named for NHS building safety and fire compliance deal

66 specialists and consultants lined up to deliver compliance backlog
3 days ago

Durkan launches specialist housing upgrade business

Regeneration arm to deliver housing maintenance, retrofit and fire remediation works
4 days ago

Grants extended to switch van fleets to electric

Need for extra training for zero emission van drivers abolished
3 days ago

Sweeping changes to public procurement come into force

Procurement Act 2023 brings greater duty to report on contract performance
4 days ago

£3bn London councils general works deal out to bid

Five-year London Construction Programme framework up for renewal
4 days ago

Didcot demolition disaster probe enters tenth year

Thames Valley Police "moving towards the latter stages of enquiries"
5 days ago

Hunt for development partner for £4bn Bristol Temple Quarter

130 ha masterplan could deliver 10,000 new homes
4 days ago

Sovereign starts hunt for £750m framework builders

Housing association looking for contractors across West, South, London and East
4 days ago

Bromford sets 11,000 new homes target across West of England

Housing association on land-buying spree to scale-up construction work
4 days ago

Contractor services