MONTREAL, Aug. 24, 2016 /CNW Telbec/ - SNC-Lavalin (TSX: SNC) is pleased to announce that it has been awarded a construction services contract for the Balama Graphite Project in Cabo Delgado, Northern Mozambique. The contract is valued at C$21.7 million and SNC-Lavalin's Kentz Field Operations team will provide structural mechanical and piping construction services for the processing plant, including piping supply and platework.
The award is with the Mozambiquan subsidiary of Australian Company, Syrah Resources Limited (ASX: SYR); Twigg Exploration & Mining Limitada. The Balama project involves the development of a greenfield graphite mine, of which the processing plant will have a production rate of over 350,000 tons per annum and a mine life of over 40 years. The graphite concentrate will be transported to the Port of Nacala for export to international markets.
"We are delighted with this contract award on the Balama Graphite Project in Mozambique, a country we have successfully operated in for 18 years," said Martin Adler, President, Oil & Gas, SNC-Lavalin. "We look forward to the safe and successful execution of the project and a long and fruitful relationship with Syrah Resources."
Founded in 1911, SNC-Lavalin is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure. From offices in over 50 countries, SNC-Lavalin's employees are proud to build what matters. Our teams provide engineering, procurement, construction, completions and commissioning services together with a range of sustaining capital services to clients in four industry sectors, oil and gas, mining and metallurgy, infrastructure and power. SNC-Lavalin can also combine these services with its financing and operations and maintenance capabilities to provide complete end-to-end project solutions. www.snclavalin.com
For further information: Media: Louis-Antoine Paquin, Media Relations Manager, Corporate Communications, 514-393-8000, ext. 54772, firstname.lastname@example.org; Investors: Denis Jasmin, Vice President, Investor Relations, 514-393-8000, ext. 57553, email@example.com