FMG Enlists Pentium Hydro For More Boring At Pilbara Iron Ore Ops

Vysarn’s wholly owned subsidiary, Pentium Hydro, has won further work with Fortescue Metals Group following an initial order for the iron ore miner’s Chichester operations in the Pilbara of Western Australia.

The two companies have entered into an agreement for hydrogeological borefield drilling and construction services for both the Chichester and Solomon operations.

The contract will see Pentium pocket estimated revenue, based on the initial scope of work, of A$13.3 million ($9 million) for a two-year fixed scope contract with a one-year extension option.

Image by Pentium Hydro