Australian mining services company SRG Global has signed a five-year US$150 million mining contract with Sydney-based steelmaker OneSteel Manufacturing to provide mining services for SIMEC Mining’s iron ore business in South Australia.

Under the agreement, SRG Global will supply professional drilling and blasting services to SIMEC mine locations.

SIMEC Mining is a subsidiary of OneSteel Manufacturing, which operates an iron ore mine with an annual output of 10 million tons in the Middleback Ranges in South Australia.