M&R’s TNT awarded EPC contract in South America
JSE-listed Murray & Roberts (M&R) has announced that Terra Nova Technologies (TNT), in joint venture with Ingeniería y Construcción Sigdo Koppers, has been awarded an engineering, procurement and construction (EPC) contract with a large copper producer for a mine in South America.
The contract value is about $200-million, with TNT’s share in the joint venture being 51%.
The scope of work includes a primary crushing facility, a 6.3-km-long overland conveyor, a 23 kV power transmission system and associated infrastructure.
Starting this month, the project is expected to have a duration of 27 months.
This significant award reinforces TNT’s strong capability to deliver complete EPC materials handling systems in Latin America and is a welcome order for a business that has had to rebuild its order book since the end of Covid-19, as limited materials handling opportunities came to market during this period, M&R says.
TNT, headquartered in California, provides materials handling design, consulting services, design/supply sourcing and general contracting to the mining and minerals processing and other bulk materials industries throughout the world.
TNT was acquired by Cementation Americas in 2019 and is highlighted to have been a strong contributor to M&R group earnings in the year prior to the pandemic.
Cementation Americas forms part of the M&R Underground Mining platform.
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