Northbridge Industrial Services – cracking news of contract win
The AIM quoted industrial services and rental company announced that its wholly owned Middle East subsidiary has been awarded a rental contract to supply generators, transformers and associated equipment together with a maintenance agreement to the Jabali Zinc Project in Yemen. The good news never stops with this one!
The contract which is due to start in September 2009 has a minimum service period of 12 months and a minimum value of US $2.9 m. The customer and main contractor is the Jabal Salab Company (Yemen) Ltd whose majority shareholder is AIM quoted Zincox Resources Plc, a business Investor’s Champion issued a commentary on back in July 2008. Zincox was also the beneficiary of good news today having signed feed agreements for the supply of zinc bearing waste dust with the nine largest electric arc furnace operators in. Having only setup in their new premises in the region in…