GRD secures CVRD contract

GRD has started the New Year with a bang, confirming its construction arm has secured the engineering, procurement and construction management contract for Brazilian giant CVRD’s $1.6 billion Niquel do Vermelho nickel laterite project in Brazil.

GRD secures CVRD contract GRD secures CVRD contract GRD secures CVRD contract GRD secures CVRD contract GRD secures CVRD contract

GRD said development is set to start immediately with first production scheduled for the December quarter of 2008. The value of the contract was undisclosed.

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