Paris, October 23, 2007

 

Technip has been awarded by Eramet a contract of the engineering studies and assuming a go-ahead decision of the general contracting services for a laterite treatment plant on the island of Halmahera, in Indonesia.

The contract covers the treatment plant and associated infrastructures.

The plant will be based on a hydro-metallurgic process developed by Eramet and will produce around 60,000 tons of nickel and 3,500 tons of cobalt per year. The total investment on the project should amount to approximately USD 2 billion. The plant is expected to come on stream in 2013.

Technip’s operating centers in Paris (France), Kuala Lumpur (Malaysia) and Jakarta (Indonesia) will execute this contract.

This new contract award confirms Technip’s expertise in the metals and mining sector. It follows other successfully completed or ongoing projects for the treatment of nickel, uranium, bauxite and alumina.