Press releases

MDM project pipeline shift

MDM awarded the EPCM execution contract for Foskor’s D-Bank Flotation Plant in Phalaborwa 


04 April 2012

MDM Engineering Group Limited (“MDM” or the “Company”) (AIM: MDM), the minerals process and project management company focused on the mining industry, is pleased to announce that it has been awarded the Engineering, Procurement and Construction Management (EPCM) implementation for the replacement of Foskor’s D-Bank  flotation plant at Phalaborwa, in the Limpopo province, South Africa.

Founded in 1951, Foskor’s Mining Division in Phalaborwa mines phosphate rock, from which Foskor’s Acid Division in Richards Bay produces phosphoric acid and phosphate-based granular fertilisers for local and international markets. The opencast mine in Phalaborwa has the capacity to produce 3 million tonnes per annum of phosphate rock concentrate from 35 million tonnes of ore mined per annum. Once crushed, milled, concentrated and dried, most of the phosphate rock concentrate is railed to Foskor’s processing plant in Richards Bay, 800 km away on the KwaZulu-Natal coast.

MDM’s team has designed and built 56 metallurgical process plants in South Africa and numerous other African countries. More specifically it has successfully undertaken several concentrator plants for a variety of mineral commodities.

Dave Norval, MDM Senior Project Manager said:
“I am delighted to be working with Foskor again after being the Senior Project Manager on their previous Ext 8 PEP 2 Project.  MDM is confident that our skilled and experienced technical team will deliver this project in accordance with expectations.”

Enquiries:

MDM Engineering Group Limited

Martin Smith (CEO)
George Bennett (Executive Director)
Dominique de la Roche (Finance Director)
Tel: +27 (0) 11 993 4300

Canaccord Genuity Limited

John Prior
Sebastian Jones
Tel: +44 (0)20 7523 8350

Tavistock Communications

Paul Youens
Emily Fenton
Tel: +44 (0)20 7920 3150

KEY INFORMATION:


MDM:
MDM Engineering Group Limited is a minerals process and project management company focused on the mining industry. The Company provides a wide range of services from preliminary and final feasibility studies, through to plant design, construction and commissioning. To date, the Company’s clients have largely been junior and mid-tier mining corporations with operations in Africa.

The MDM Engineering core technical team has a 24 year track record of completing a wide range of studies and execution projects across a variety of minerals, including precious metals, base metals, ferrous and non-ferrous metals, uranium and diamonds.

The Company has adopted an approach to project execution based on an open-book Engineering, Procurement, and Construction Management “EPCM” or “cost-plus” basis and on an Engineering, Procurement and Construct (EPC) basis. With a core focus on Africa, MDM Engineering is setting the benchmark standard for best practice in the mining services industry through its commitment to providing the highest quality services and actively engaging with clients to ensure maximum transparency.

FOSKOR:
Foskor is a proudly South African producer of phosphates and phosphoric acid with international exposure. Foskor unlocks shareholder value through the profitable, responsible and sustainable beneficiation of phosphate rock into either phosphoric acid or phosphate-based granular fertilisers sold globally.

www.foskor.co.za

 

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