SNC-Lavalin awarded services contract for S11D project with Vale

MONTREAL, June 28 /CNW Telbec/ - SNC-Lavalin is pleased to announce that Vale has awarded a cost reimbursable contract to an SNC-Lavalin / WorleyParsons consortium for the implementation of the S11D project in Brazil.

Vale's multi-billion dollar S11D project is a world-class 90 million tonne per year iron ore processing facility located approximately 1,940 kilometres north of Sao Paulo in Para State, Brazil in one of the worlds' richest ore bodies.

SNC-Lavalin's services include engineering for the infrastructure and overland conveying facilities, civil works, electromechanical assembly, procurement support, construction management and providing key project management professionals and leadership to the Project Owner's Team. WorleyParsons's services relate to the modular ore processing facilities, as well as collaboration on procurement, construction and project management support.

"Over the last 15 years, we have worked with Vale on some of its most important projects in Brazil and internationally," said Feroz Ashraf, Executive Vice-President, SNC-Lavalin Group Inc. "We are looking forward to applying our expertise on this world-class project, and to continuing our long and successful relationship with Vale"

SNC-Lavalin has been present in Brazil since the early 1970s and now has over 2,000 employees in the country working out of three permanent offices.

SNC-Lavalin (TSX:SNC) is one of the leading engineering and construction groups in the world and a major player in the ownership of infrastructure, and in the provision of operations and maintenance services. SNC-Lavalin has offices across Canada and in over 35 other countries around the world, and is currently working in some 100 countries. www.snclavalin.com.

Vale is the second largest diversified metals and mining company in the world, one of the 30 largest publicly traded companies in the world and the largest private sector company in Latin America. Vale has a market capitalization of around US$ 140 billion, with more than 500,000 shareholders from all continents.

For further information: Media: Leslie Quinton, Vice-President, Global Corporate Communications, SNC-Lavalin Group Inc., 514-393-8000, ext. 7354, [email protected]; Investors: Denis Jasmin, Vice-President, Investor Relations, SNC-Lavalin Group Inc., 514-393-8000, ext. 7553, [email protected]