Johannesburg, South Africa, 24 Nov – South Africa’s Engineering & Projects Company Limited (E+PC) has been awarded a contract worth US$200 million to expand the heavy mineral project at Moma, Mozambique owned by Irish group Kenmare Resources, the company said in Johannesburg.
According to the company, which is a subsidiary of South African group Aveng, the contract aims to expand the entire project, including extraction and processing units, in order for annual production to be increased to 1.2 million tons of ilmenite and associated minerals, rutilium and zircon.
Ilmenite is a naturally-occurring oxide of iron and titanium, with weak magnetism which, once processed produces titanium oxide, which is used in high quality paint.
Work to expand the Kenmare Resources project is due, according to Aveng, to begin in the first quarter of 2011.
The Aveng group is made up of several subsidiaries in the engineering sector and projects in various areas, ranging from sports facilities to roads, bridges, recycling and mines. (macauhub)