Leighton sees better demand for mining contractors
Published: 05 Aug 2009 20:33:56 PSTMELBOURNE, Aug 6 - Leighton Holdings Ltd <LEI.AX>, Australia's top mining and infrastructure contractor, has seen a pick up in demand for mining contractors since the end of the first quarter, its chief executive said on Thursday.
"What we have seen across the board from about March, April (onwards) is stabilisation and recovery," Leighton boss Wal King told reporters after speaking at a mining industry lunch.
"There is a positive movement in demand." Leighton is majority-owned by German building group Hochtief <HOTG.DE>.
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