Resourcehouse Limited (“Resourcehouse” or the “Company”), an international diversified resources company, announced today that it has entered into an engineering, procurement and construction management (“EPCM”) contract with MCC Overseas Ltd (“MCC Overseas”), a subsidiary of Metallurgical Corporation of China Limited (MCC) in relation to the Galilee Coal Project with a project budget of US$8.013 billion.

Under the EPCM Contract, MCC Overseas is responsible for the design, engineering, planning, procurement, construction management, coordination, administration, pre-commissioning, commissioning and production start-up of the Galilee Coal Project.

“The selection of an EPCM contractor considerably advances the development plans for the Galilee Coal Project”, said Professor Clive Palmer, Chief Executive Officer and Executive Director of Resourcehouse. “MCC has an exceptional record of successful mine development and we are confident of the success of our project.” Read more