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Kentz Corp wins US$30 mln contract for Madagascar nickel project

Kentz Corp wins US$30 mln contract for Madagascar nickel project

Kentz Corp Ltd (LON:KENZ), the holding company of the Kentz Engineering and Construction Group, said  it has been awarded a US$30 million contract by SNC-Lavalin on the Ambatovy project in Madagascar.
Ambatovy is a long-life lateritic nickel project with an annual design capacity of 60,000 tonnes.
Kentz's scope of work includes the electrical and instrumentation installation for the entire metals refinery area, and the piping fabrication and mechanical installation for part of the refinery area.
The Ambatovy project is a joint-venture partnership among the project operator, Sherritt International Corporation, which owns 40 percent, Sumitomo Corp and Korea Resources Corp, which each have a 27.5 percent interest, and the project's engineering contractor, SNC-Lavalin Group Inc., with an interest of 5 percent.
The Kentz team have mobilised on site. The contract is due to be completed by the end of 2010.

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