Go to the Globe and Mail homepage

Jump to main navigationJump to main content

SNC-Lavalin CEO Pierre Duhaime (CHRISTINNE MUSCHI)
SNC-Lavalin CEO Pierre Duhaime (CHRISTINNE MUSCHI)

SNC-Lavalin wins Vale contract Add to ...

Mining giant Vale has awarded an SNC-Lavalin consortium an engineering services contract for its multibillion-dollar iron ore processing project in Brazil.

The SNC-Lavalin and WorleyParsons consortium will implement Vale's S11D project on a "cost reimbursable" basis. No value for the contract was disclosed.

More Related to this Story

The project is a 90-million-tonne per year iron ore processing facility nearly 2,000 kilometres north of Sao Paulo in one of the world's richest ore bodies.

SNC-Lavalin's services include engineering for the infrastructure and overland conveying facilities, civil works, electromechanical assembly, procurement support, construction management and providing key project management professionals and leadership.

Cat:e528746c-3414-401a-b14b-50247e3bdf01Forum:d0fa4e14-88d2-41f9-8a19-896bdff9544b

Australia-based WorleyParsons will provide services related to the modular ore processing facilities, as well as collaboration on procurement, construction and project management support.

Montreal-based SNC-Lavalin has worked with Vale over the last 15 years on projects in Brazil and around the world.

"We are looking forward to applying our expertise on this world-class project and to continuing our long and successful relationship with Vale," stated Feroz Ashraf, executive vice-president.

SNC-Lavalin has been present in Brazil since the early 1970s and has more than 2,000 employees working in South America's largest country.

Vale is the second-largest diversified metals and mining company in the world and the largest private sector company in Latin America. It has a market capitalization of around $140-billion (U.S.).

 
  • VALE-N
  • SNC-T
Live Discussion of VALE on StockTwits
More Discussion on VALE-N
Live Discussion of SNC on StockTwits
More Discussion on SNC-T

More Related to this Story

In the know

Most popular video »

Highlights

More from The Globe and Mail

Most Popular Stories