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ABB was awarded a $24 million AUD ($17 million USD) contract by Newmont to design, supply, install and service mine hoist systems for the Tanami gold mine expansion in Northern Territory, Australia. The contract is part of the Tanami Expansion 2 project to increase processing capacity to 3.5 million tonnes per annum.
“The Tanami expansion project (TE2) includes construction of a 5.4 meter shaft that can reach 1,460 meters below surface depth to enable recovery of ore at a depth.”new.abb.com
Summarized from public sources; check the original articles before acting on it.