GRD Minproc awarded Contract for Mirabela Nickel's Santa Rita Project



    PERTH, Western Australia, Oct. 3 /CNW/ - GRD Limited announced today that
GRD Minproc has been awarded a contract to provide services in relation to the
engineering, procurement, construction and commissioning for Mirabela Nickel's
US$263 million Santa Rita nickel project in Brazil.
    The Santa Rita project is planned to be a 4.6 million tonnes per annum
open pit mine and a conventional sulphide concentrator designed to produce
18,500 tonnes per annum of nickel concentrate. GRD Minproc previously
completed the Definitive Feasibility Study for Mirabela Nickel.
    GRD Limited Chief Executive Cliff Lawrenson commented "Santa Rita is a
superb project with a world class resource as well as excellent existing
infrastructure, this will make construction and getting product to market very
efficient.
    "We are very impressed with the Mirabela management team who have taken
the best of Brazil and the best of Australia and put together a world class
team to deliver the project.
    "We are delighted to continue to work with a management team who have
immersed themselves not only in the project but also in the community and
culture of Brazil. This attitude and commitment is, in our opinion, a major
differentiator that will further enhance Mirabela's excellent prospects in
Brazil.
    "We will use our global resources through our rapidly growing Belo
Horizonte office to add value wherever we can."





For further information:

For further information: Mr Cliff Lawrenson, Chief Executive, GRD, Tel
+61 8 9278 1888; Mr Peter Bryant, Chief Financial Officer, GRD, Tel +61 8 9278
1888; Mr Casey Cahill, General Manager Corporate Affairs, GRD, Tel +61 8 9278
1888

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