Company News Round-Up – Mining Contracts

Genivar of Quebec has been awarded a contract for the engineering, procurement, construction and management (EPCM) of a planned open-pit mine and processing plant for Canada Lithium Corp. The Quebec Lithium Project is located near Val D’Or. It will produce battery grade lithium carbonate and is scheduled to be commissioned in late 2012.

Genivar will be supported by Met-Chem Canada, also of Montreal, for the process design and engineering aspects of the plant.  Based on a feasibility study for the mine completed in December, initial costs will be US $202 million.

Genivar is also currently building a plant for Phostech Lithium near Montreal for manufacturing lithium based cathode material.

SNC-Lavalin has won a contract to modernize a copper smelting complex in Eastern Serbia. The Montreal company was awarded the engineering, procurement and construction contract by Rudarsko – Topionicarski Basen Bor Grupa, a Serbian state-owned company. SNC-Lavalin had previously completed a feasibility study for the project.   The copper smelter upgrade will include a new flash furnace, sulphuric acid plant, and an effluent treatment plant, as well as upgrades to process area. The plant will produce 80,000 typ of copper anode when completed in 2013, and will reduce its liquid and gaseous emission levels to European standards. The project is part of Serbia’s initiative to improve environmental conditions in the region.  Export Development Canada is providing financing.