North Ryde NSW, Australia -
May 5, 2004
Yokogawa Receives Order for Front End Engineering on Koniambo Nickel Project
Yokogawa Australia announced today that it has been awarded a contract for the control system design for the Koniambo Nickel project in New Caledonia. The Koniambo project is to be developed by the SMSP/Falconbridge JV in a 51%-49% partnership.
This work scope is part of the program to produce a bankable feasibility study for the project, expected to be completed by mid 2004.
The project involves the development of a 60,000 tonne per year nickel in ferronickel mining and smelting complex, based on the Koniambo deposit located in the Northern Province of New Caledonia near the provincial capital of Kone. The complete project is expected to cost in excess of $US 1,500 million.
Yokogawa Australia has a team of engineers working on the contract, based in the Hatch-Technip office in Brisbane, Queensland.
Yokogawa was judged the best supplier to partner on this large and important project, based on capability, professionalism, compatible cultures, and proven experience in successfully completing large projects, especially in the mining and mineral processing industries.
About Societe Miniere du Sud Pacifique
SMSP is the largest exporter of nickel laterite ore from New Caledonia, shipping approximately 2.5 million tonnes per annum and is the largest employer in the North Province.
About Falconbridge
Falconbridge Limited is a leading producer of nickel, copper, cobalt and platinum group metals, as well as one of the world's largest recyclers and processors of metal-bearing materials. Falconbridge has nickel mines and processing facilities in the Dominican Republic, Sudbury and Raglan in Canada and a refinery in Norway. The company has copper operations in Timmins, Canada and in Chile at Collahuasi and Lomas Bayas.
For more information, visit the company web site at www.falconbridge.com.
About Hatch
Hatch is a leading global consulting, engineering, technologies, information systems, and project and construction management organization. With headquarters in Canada, Hatch is an employee-owned company of more than 4,000 employees. Programs and projects under management have an aggregate value in excess of $15 billion, and fees for 2003 exceeded $400 million. For more information, visit the company website at www.hatch.ca.
Hatch Associates Pty Ltd is the Australian subsidiary of Hatch of Canada.
About Technip
With a workforce of 19,000 people worldwide, and annual revenues of about 5 billion euros. Technip is one of the most integrated groups providing engineering, technologies and construction services to industry, with over 40 years of experience in the design and construction of large industrial facilities. For more information, visit the company website at www.technip.com.
Technip Oceania Pty Ltd of Perth is the Australian subsidiary of Technip, Paris, France.
|
