Agility announced an agreement with Lihir Gold Limited (LGL) to provide freight management services for Lihir’s Million Ounce Plant Upgrade (MOPU). The Lihir Gold Mine, LGL’s principle asset and one of the world’s largest gold reserves, is located in Papua New Guinea (PNG). LGL is a major global gold producer with operations in PNG, West Africa and Australia.

The project material logistics, expected to be in excess of 50,000 freight tones, will be managed by Agility and sourced from multiple locations around the world, including the United States, United Kingdom, Europe, Asia and Australia. With an estimated completion date of two years. The total value of the project is estimated at USD 700 million where the proceeds for Agility from this contract value are estimated between 2-3% of total project value.

Based in Papua New Guinea’s second largest city, Agility’s office in Lae will assist with MOPU logistics services, including transportation of cargo from Lae to Lihir Island, as part of the existing Agility Project Logistics Brisbane contract. Agility managed the original Lihir Gold Mine construction from 1995 to 1997, transporting in excess of 180,000 freight tones.  Lihir selected Agility over others in recognition of our quality service and the experienced personnel Agility will dedicate to the project.