August 22, 2008

Caterpillar and Claycrete enter marketing agreement

Caterpillar Inc and Claycrete Ltd have entered a marketing agreement to provide a roadway and pad construction solution to operators of mines and oil and gas sites as well as to owners and builders of unpaved roads and paved roads

Under the agreement Caterpillar® dealers will have exclusive rights to market Claycrete products worldwide and Caterpillar Global Mining, a division of Caterpillar Inc will support and oversee the business.

Claycrete Ltd based in Perth provides a unique process that combines project management and proprietary chemicals to transform native soils containing clay and/or limestone into pavement like roads, site pads or solid base for paved roads. The result is weather resistant, long lasting and environmentally friendly. Since the Claycrete process uses in situ soils, it is fast and relatively simple.

For more than 15 years Claycrete has been contracting with a variety of natural resource businesses and governmental organizations to manage and supervise construction using the Claycrete process. Clients include AngloGold, ArcelorMittal, BHP Billiton, BP, Freeport McMoran, Murchison Metals/POSCO, Newmont Mining, Rio Tinto, Statoil and the governments of Western Australia, Algeria, Ivory Coast and Nigeria.