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SNC-Lavalin CEO Pierre DuhaimeCHRISTINNE MUSCHI

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.

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.

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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.).

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SymbolName% changeLast
VALE-N
Vale S.A. ADR
-1.11%12.44

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