Toronto-MagMinerals Inc., a unit of MagIndustries Corp., said June 29 that it has selected Consolidated Contractors International Co. S.A.L. (CCC) to assist with the completion of detailed capital cost estimates for the installation of the Kouilou Potash Plant in conjunction with SNC Lavalin International Inc. (SLII). SLII was previously contracted to complete the overall potash plant feasibility study. MagMinerals is on track to receive the SLII study in the fourth quarter of 2007. CCC, a top tier international contractor based in Athens, Greece, employs over 105,000 people in its worldwide operations and has completed numerous large-scale projects in many regions of the world, including Africa. The Kouilou Potash Project is located in the Republic of Congo, just 15 kilometers from Pointe-Noire, a busy deepwater Atlantic port city. The Kouilou Project is based on the solution mining of the company’s extensive carnallite salt deposits and will utilize locally available flared-gas, which will support brine dehydration and plant operations. As announced in March, HPD – previously US Filter and now controlled by Veolia Environmental – has been contracted to supply the crystallization technology. Phase I of the Kouilou operation has a planned capacity of 580,000 mt/y of potassium chloride (KCl), equivalent to approximately 350,000 mt/y K2O. The product output will be mostly granular KCl, which will be directed primarily to the target markets of South Africa, Brazil, and Europe. The current delivered price in these markets is about US$250/mt, according to MagIndustries. The Kouilou Plant is expected to be commissioned by late 2010, with first shipments in early 2011.
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