# ABB awarded $24M AUD contract for mine hoist systems at Newmont's Tanami gold mine

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.

- Type: Contract
- Announced: 2020-08-11
- Where: Tanami Desert, Northern Territory, Australia
- Value: $17.0M (24.0M AUD)
- Status: announced
- Capacity: 3.5 million tonnes per annum
- Products: mine hoist systems, personnel-riding hoist, friction hoist
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [ABB](https://endata.com/companies/1547.md) (supplier)
- [Newmont](https://endata.com/companies/33369.md) (customer)

## Sources

- [new.abb.com](https://new.abb.com/news/detail/65096/abb-awarded-24-million-aud-contract-with-newmont-to-support-expansion-of-australian-underground-gold-mine), 2020-08-11: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
