WorleyParsons Ltd
(ASX:WOR) has secured a services contract for the S11D project with Brazil’s Vale.
Vale awarded the significant cost reimbursement contract to a consortium of WorleyParsons and SNC-Lavalin for implementation of its S11D project in Brazil.
The multi-billion dollar project is a 90 million tonnes per annum iron ore processing facility located around 2,000 kilometres north of Sao Paulo in Para State, Brazil, one of the world’s richest ore bodies.
Under the contract WorleyParsons’ services will include engineering for the modular ore processing facilities, procurement support, construction management and supply of key project management.
The company says this very important project is the corner stone of the WorleyParsons mining business in Brazil.
CEO John Grill says this award from Vale reflects confidence in the company’s global execution capabilities.
WorleyParsons reported net profit after tax of $390.5 million for the year to June 30, 2009.
