AMEC wins mining sector contract with PotashCorp
Posted on March 3, 2008 – 10:14 am | by oilandgaspress.com
Saskatoon, SK, Canada (3 March 2008) - AMEC plc, the international engineering and project management company, has been awarded a new contract with PotashCorp at Rocanville Potash mine in Saskatchewan, Canada.
The four-year contract for the provision of engineering and project management services will see a US$1.8 billion expansion of the mine, enabling the production of an additional two million tonnes of potash per year. This will be achieved through the engineering and project management for a new mill as well as expansion of the site’s utilities, storage and loadout facilities.
“We are pleased to have again been chosen to help PotashCorp, the world’s largest potash provider,” said Bob Stanlake, President of AMEC’s Natural Resources Mining and Metals business. “Our commitment to PotashCorp began 40 years ago and our selection shows their trust in our expertise to execute this project and further enhance their lowest cost potash production facility.”
Neil Bruce, Chief Operating Officer of AMEC’s Natural Resources business, said: “The award is evidence of our strong relationships with key customers around the world. It enhances our growth and development in the mining sector, where we are seeing strong long-term growth, and in which we have a diverse and international portfolio of projects.”
This increasing demand for potash, which is used in fertilizer, is being driven primarily by the rising global population and protein-rich diets. With large low-cost potash operations, plans to significantly expand capacity and strategic global investments, PotashCorp has an unmatched ability to meet the needs of both North American and growing offshore markets.
Contact
John Kageorge, AMEC, +1 604 617 4745, john.kageorge@amec.com
Frank Stokes, AMEC, +44(0)1452 872121, frank.stokes@amec.com
Notes to Editors
AMEC plc is a focused supplier of high-value consultancy, engineering, and project management services to the world’s energy, power and process industries. With annual revenues of over £2.2 billion, AMEC designs, delivers and maintains strategic and complex assets for its customers. AMEC’s Natural Resources, Power and Process and Earth and Environmental businesses employ approximately 19,000 people in more than 30 countries globally. AMEC shares are traded on the London Stock Exchange where the company is listed in the Oil and Gas sector (LSE: AMEC.L).
AMEC serves many of the world leaders in the mining industry. Its mining offices across Canada include Vancouver, Trail, Calgary, Saskatoon and Toronto. AMEC also maintains offices with a strong mining focus in the US; Peru; Chile and the UK. AMEC is also recognized by the mining industry and the international finance community in the areas of ore reserves, mine planning, process design and feasibility studies. The company has provided services to virtually all of the world’s major mine developers and operators, as well as mid-sized mining companies, “juniors” and lending institutions.
Potash Corporation of Saskatchewan Inc. is the world’s largest fertilizer enterprise producing the three primary plant nutrients and a leading supplier to three distinct market categories: agriculture, animal nutrition, and industrial chemicals. www.potashcorp.com
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Tags: AMEC, CONTRACT, mining, PotashCorp, Sector
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