Leading international engineering and construction company Mota-Engil Africa has been appointed as the Engineering, Procurement and Construction (EPC) contractor to build the port and rail infrastructure for Sundance Resources’ Mbalam-Nabeba iron ore project in Central Africa.
Sundance has also appointed Standard Bank, Africa’s largest bank by assets and earnings, to advise on funding and be the lead debt arranger for the project rail, port and mines in the Republics of Cameroon and Congo-Brazzaville.
Mota-Engil Africa’s role includes detailed design, construction, testing and commissioning of the 510 km railway from the Mbarga Mine in Cameroon to the Mineral Terminal Facility at Lolabe on the west coast of Cameroon, as well as the 70 km rail spur line from the Nabeba Mine in the Republic of Congo (Congo- Brazzaville) to the Cameroon railway. They will also design and construct a 35 Mtpa deep water Mineral Terminal Facility, including stock yards, capable of loading ‘China-max’ vessels.
Sundance CEO and managing director Mr Giulio Casello said the appointments of these groups marked a pivotal point in the Project’s development. “Mota-Engil Africa is a globally-recognised European engineering and construction company with extensive experience in building transport infrastructure for large bulk-commodity mining projects in Africa. Alongside Standard Bank, with t heir Africa-focused strategy to promote business investment in the region, both are a fantastic fit for Sundance and the Project.
“The decision by Mota-Engil Africa and Standard Ban k to take on the key roles of engineering and construction contractor and lead debt funding arranger is a major vote of confidence in not only our Company and the Project, but also in the central African countries of Cameroon and Congo and our belief that this will become a world- class iron ore region.
“The Mbalam-Nabeba Iron Ore Project will be one of the lowest cash-cost producing assets in the world. Now that we have confirmed capital costs for the Project, I believe it is positioned as the most attractive large-scale, high grade iron ore project in the world that is ready for development.”
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Mota-Engil Africa to build $US3.5B port and rail infrastructure for Sundance