Companies

McNally Bharat wins Rs 229-cr contract

Our Bureau Kolkata | Updated on November 23, 2017 Published on October 29, 2013

McNally Bharat Engineering Co Ltd has said its South African subsidiary has received an order worth Rs 229 crore to set up a fluorspar beneficiation plant for miner Sephaku Fluoride Ltd in that country.

McNally Bharat Engineering (SA) Proprietary Ltd will have to execute the project in 21 months.

Fluorspar is a basic raw material in the chemical, metallurgical, and ceramic industries and beneficiation refers to crushing and separating ore into valuable substances or waste.

McNally Bharat had won a related order earlier this month from the same miner for supplying a 0.6-million-tonne fluorspar concentrate plant worth Rs 280.7 crore.

Sephaku Fluoride is a subsidiary of the Johannesburg Stock Exchange-listed Sephaku Holdings Ltd.

Both plants are for a fluorspar mining project of Sephaku, located in the Gauteng Province of South Africa.

McNally Bharat will have to set up the concentrate plant at the mine site in 15 months.

For the BM Khaitan Group engineering company, these two orders are the biggest value export packages.

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Published on October 29, 2013
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