Toronto — Chinese-owned MagIndustries Corp. has awarded two contracts relating to its proposed 1.2 million mt/y Mengo potash project in Republic of Congo. The engineering and design contract, valued at $17.8 million, goes to China’s Changsha Design & Research Institute of the Ministry of Chemical Industry, and the $4.6 million drilling contract goes to No. 417 Team of Bureau of Geology and Mineral Exploration and Development, Hunan Province. The latter is for six exploration wells, or approximately 5,400 meters over a seven-month time span.
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