MONTREAL, Feb. 10 2011 /CNW Telbec/ - SNC-Lavalin is pleased to announce
that it has signed a contract for the implementation of the first phase
of the Cerrejon Coal Mine Project in Colombia. SNC-Lavalin, in a 50/50
joint venture with partner Sinclair Knight Merz (SKM), will provide
engineering, procurement, construction management and pre-commissioning
services to expand the mine facilities and infrastructure including
rail and port facilities at Puerto Bolivar.
"The project not only further strengthens our delivery expertise in the
coal sector but also enhances our presence in Colombia," said Feroz
Ashraf Executive Vice-President, SNC-Lavalin Group Inc. "Furthermore,
given our recent acquisition of Itansuca in Colombia, with over 1,000
employees, we are well-positioned to serve our clients in the fields of
energy, infrastructure, oil and gas and mining and metallurgy."
Santo Rizzuto, SKM's Senior Vice-President and General Manager, Mining
and Metals, noted that the project represented a major opportunity for
the company to work with existing clients in an expanding region.
"SKM has a long history of working in coal in the Bowen Basin in
Queensland, Australia, and, combined with our growing presence in South
America, the Cerrejon project will enable us to bring our skills and
experience in engineering and project delivery to this important
project and region," said Rizzuto.
The mine currently produces 32 million tonnes per year of thermal coal
for export to the world market. This project will raise the exported
volume of coal to 40 million tonnes per year with a planned future
upgrade to increase the total output to 60 million tonnes per year.
The total project value for Phase 1 is more than $1billion of which the
value under the joint venture's management is approximately $370
SNC-Lavalin (TSX:SNC) is one of the leading engineering and construction
groups in the world and a major player in the ownership of
infrastructure, and in the provision of operations and maintenance
services. SNC-Lavalin has offices across Canada and in over 35 other
countries around the world, and is currently working in some 100
countries. In business since 1911, the Company celebrates its 100th anniversary in 2011. www.snclavalin.com.
SKM is a leading projects firm, with global capability in strategic
consulting, design and delivery. It operates in three mega regions:
Asia Pacific, The Americas and EMEA (Europe, Middle East & Africa),
deploying some 6,500 people from more than 40 offices while serving the
Buildings and Infrastructure, Mining and Metals, Power and Energy and
Water and Environment sectors. www.globalskm.com
For further information:
Vice-President, Global Corporate
SNC-Lavalin Group Inc.
514-393-8000, ext. 7354
Denis Jasmin Vice-President, Investor Relations
SNC-Lavalin Group Inc.
514-393-8000, ext. 7553
Capability Marketing Manager, Mining and
+61 404 493 205