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Gold/Mining/Energy : SNC

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To: Gilbert Drapeau who wrote (141)10/5/2000 9:50:37 AM
From: Gilbert Drapeau  Read Replies (1) of 161
 
SNC-Lavalin Group Inc.: Mozal Aluminum Smelter
Inaugurated in Mozambique, SNC-Lavalin Completes
World-Class Project Six Months Ahead of Schedule and
Below Budget

MONTREAL, QUEBEC-- OCTOBER 5, 2000 - 09:33 EDT
SNC-Lavalin was a proud participant in the
recent inauguration of the CDN$1.9 billion Mozal aluminum smelter
in Mozambique. The company, with its South African partner,
provided the project management, engineering, procurement and
construction management for the giant facility, located near
Maputo. Mozal is the largest industrial project ever undertaken
in the southern African country and was completed six months ahead
of schedule and below budget.

The smelter is built on a 1.3 million square-metre site,
equivalent to 340 football fields, and was designed for an initial
annual production capacity of 250,000 tonnes of aluminum ingot,
which can be expanded to 500,000 tonnes per year. First aluminum
was produced in June, just 25 months after the start of the
project.

Mozal is 47-per-cent-owned by United Kingdom-based Billiton plc.
Other shareholders include the Government of Mozambique, the
Industrial Development Corporation of South Africa, and Mitsubishi
Corporation of Japan.

"This enormous project required the contribution of the
governments of South Africa and Mozambique, several international
partners and thousands of local workers," said Normand Morin,
Executive Vice-President of SNC-Lavalin "We are proud that our
technical expertise in aluminum smelters and our vast experience
in project management have played a pivotal role in the
realization of this important economic and social undertaking for
the region."

SNC-Lavalin maintains an active presence on the African continent.
Among some of its most notable projects have been the Hillside
aluminum smelter in Richards Bay, South Africa, the Rhourde Nouss
gas complex in Algeria, as well as the Air Algerie Maintenance
Centre, and a number of infrastructure and water projects in North
Africa.

SNC-Lavalin Group is one of the leading engineering and
construction firms in the world, and a key player in the ownership
and management of infrastructure. The group and its companies
have offices across Canada and in 30 other countries, and are
currently working in some 100 countries. The company is listed on
the Toronto Stock Exchange (symbol: SNC).

SNC-Lavalin press releases are available at www.snc-lavalin.com
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