24.09.2014 07:30:33
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ARCADIS signs mine expansion contract with Ferrous Resources in Brazil
September 24, 2014 - ARCADIS (EURONEXT: ARCAD), the world's leading natural and built asset design and consultancy firm, announced today that the Consortium ARCADIS Logos-Ausenco has been chosen by Ferrous Resources do Brasil to deliver engineering, procurement and construction management (EPCM) consulting services for the expansion of the Viga iron ore project in Brazil. Ferrous will invest US$1.28 billion to achieve a capacity of 15 million tons of pellet feed per year at the Viga Mine by the end of 2017. The contract with Ferrous is valued at more than US$60 million for 41 months. ARCADIS leads the consortium and is expected to perform 60% of the work.
The EPCM consulting services provided by the Consortium includes overall project coordination, including design & engineering activities, procurement and construction management for the development of a new processing plant, water capturing and distributing systems, the expansion of the current rail terminal and the implementation of new industrial and administrative facilities. At the peak of the works, in November 2015, more than 200 employees will be active in the Consortium team.
The EPCM contract will start with the basic design consolidation, these services will be carried out up to March 2015, when we expect to receive Ferrous' approval to proceed with the detailed engineering and procurement and construction management activities, targeted for completion by December 2017.
"ARCADIS' proven expertise and 45 years of experience in managing large projects in the mining sector in Brazil and abroad certainly will contribute to a successful expansion of the Viga Project. This will place Ferrous Resources in the top five mining companies in Brazil and improves its position in the global market as well. As the leaders of the Consortium, we are absolutely focused on delivering performance excellence to Ferrous in support of this strategic and important development", said Manoel Antonio Amarante Avelino da Silva, CEO for the Latin America region of ARCADIS.
For more information please contact Joost Slooten at +31 (0) 20 2011083, or outside office hours at +31 (0) 6 27061880 or joost.slooten@arcadis.com
About ARCADIS: ARCADIS is the leading global natural and built asset design and consultancyfirm working in partnership with our clients to deliver exceptional and sustainable outcomes through the application of design, consultancy, engineering, project and management services. ARCADIS differentiates through its talented and passionate people and its unique combination of capabilities covering the whole asset life cycle, its deep market sector insights and its ability to integrate health & safety and sustainability into the design and delivery of solutions across the globe. We are 22,000 people that generate €2.5 billion in revenues. We support UN-Habitat with knowledge and expertise to improve the quality of life in rapidly growing cities around the world. Please visit: www.arcadis.com
About Ausenco: Ausenco is a global, diversified engineering and project management company providing services in Minerals & Metals, Process Infrastructure, Environment & Sustainability and Oil & Gas. We deliver new and better ways to add value to our clients' projects no matter how demanding and we deliver results in some of the world's most challenging environments. Listed on the ASX in 2006, our growth strategy is focused on sector, solution and geographic expansion. Ausenco operates from 31 offices in 19 countries.
ARCADIS signs mine expansion contract with Ferrous Resources in Brazil
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The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: ARCADIS N.V. via Globenewswire
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