13:01:01 EDT Sun 05 May 2024
Enter Symbol
or Name
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CA



Bird Construction Inc
Symbol BDT
Shares Issued 53,774,639
Close 2023-08-16 C$ 10.25
Market Cap C$ 551,190,050
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Bird Construction wins contracts worth $110M+

2023-08-17 09:19 ET - News Release

Mr. Teri McKibbon reports

BIRD AWARDED ADDITIONAL WORK PACKAGES AT MONT WRIGHT FOR ARCELORMITTAL AND AT BHP'S JANSEN POTASH PROJECT

Bird Construction Inc. has been awarded two new contracts at the ArcelorMittal Mont-Wright mine in Quebec, and has been awarded the 2Nations Bird joint venture for fine tailings works on BHP's Jansen Stage 1 potash project in Saskatchewan. The combined value of the awards is over $110-million.

Bird's heavy civil team has been involved with construction at the Mont-Wright mine since its inception almost 50 years ago. The recent awards include the Irene Pit development and the Hesse 4 project. The Irene Pit development consists of stripping of overburden, drilling and blasting, and loading and hauling of 24 million tonnes of waste and ore materials. The pit development will take place over the next 2.5 years. For the Hesse 4 project, Bird will increase the tailing pond capacity at the mine, requiring 900,000 cubic metres of earth to be moved.

Following the awards for concrete foundations work and site services at Jansen Stage 1 earlier in the year, the new award adds scope for stripping, haulage, gravel road surfacing, access roads construction, drainage and piping work, and erosion protection. The 2Nations Bird is a partnership between Bird, Beardy's and Okemasis Cree Nation's Willow Cree Developments General Partner Inc., and Fishing Lake First Nation's development corporation, FLFN Ventures.

"I am proud to witness our dedicated teams' efforts being acknowledged through the recent awards at these significant project sites. Bird's unwavering commitment to exceptional client service and operational excellence remains at the core of our efforts, enabling us to deliver high-quality services and cultivate strong relationships with our valued clients. BHP and ArcelorMittal are esteemed global entities renowned for their excellence and leadership in their respective industries," stated Teri McKibbon, president and chief executive officer of Bird. "The robust demand for our significant self-perform capabilities further underscores the immense opportunities that lie ahead for Bird across Canada."

About Bird Construction Inc.

Bird is a leading Canadian construction company operating from coast to coast and servicing all of Canada's major markets. Bird provides a comprehensive range of construction services from new construction for industrial, infrastructure and institutional markets; to industrial maintenance, repair and operations services, heavy civil construction, and mine support services; as well as vertical infrastructure including electrical, mechanical and specialty trades. For over 100 years, Bird has been a people-focused company with an unwavering commitment to safety and a high level of service that provides long-term value for all stakeholders.

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