SCEE wins $10m Sino Iron contract

UPDATE 3.20pm: SCEE says it has won an electrical and instrumentation contract worth $10 million at CITIC Pacific's Sino Iron project at Cape Preston.

"The scope of work includes the installation, testing and commissioning for the grinding mills at concentrate processing lines 3, 4, 5 and 6," the company said in a statement.

The work will be performed as a subcontractor to Kerman Contracting.

SCEE's managing director Simon High said the company was delighted to be returning to work on the Sino Iron project where it successfully completed the E&I works on the previous phase of the development.

Shares in SCEE closed up one cent, or 1.8 per cent, at 56.5 cents.