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AUTOMOTIVE & TRANSPORTATION
austrak.com

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Founded Year

1980

Stage

Acquired | Acquired

Valuation

$0000 

About Austrak

Austrak is a railway sleeper manufacturer.

Austrak Headquarter Location

GPO Box 5094

Brisbane, Queensland, 4001,

Australia

+61 7 3308 7880

Latest Austrak News

Austrak wins contract for Rio Tinto Koodaideri mining project

Jun 27, 2019

Share 12 hours ago The concrete ties are expected to be delivered in 2020. Koodaideri, which is located approximately 35km north-west of Rio Tinto’s Yandicoogina mine site, will serve as a production hub for the company and feature a processing plant and infrastructure that includes a 166km rail line. First production from the mine is expected in late 2021. Upon completion, the mine is set to have a production capacity of 43 million tonnes per annum (Mmtpa). Austrak expects to perform the deliveries from a factory in Western Australia, which will also serve as a production site for future mining projects in the Pilbara region. This facility provides potential for Vossloh to tap further opportunities in Australia. Vossloh chief executive officer Andreas Busemann said: “We are excited to see that our recent acquisition Austrak succeeded in this tender, contributing substantial value to Vossloh shortly after acquisition. “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.” In November 2018 , Rio Tinto approved a $2.6bn investment in the Koodaideri mine. The project is being developed in multiple phases. Phase I of the operation is expected to help sustain Rio Tinto’s existing production capacity by replacing depletion elsewhere in the system. Download our 2018 Technology, Media & Telecoms Predictions worth over $5,000 for free allmineral's innovative solutions play a key role in the state-of-the-art processing of raw materials around the world. Products

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