Mota Engil wins 123 mln eur Malawi uranium mine project

Mota Engil SGPS has won a project for building and exploring a 123 mln eur uranium mine in Malawi, Jornal de Negocios said, citing CEO Arnaldo Figueiredo.

Figueiredo said the contract for the most important part of the project, the exploration of the mine, is valued at 108 mln eur and that the company has won a contract for eight years from Australia's Paladin, the project owner, to be extended if the mine's potential permits it, Jornal de Negocios added.

According to the newspaper, the constructor has also presented a bid to build the project's support infra-structures, including lodgings, offices and warehouses, a project worth 22 mln eur and for which it expects to receive a response soon.

Figueiredo said the company's five-year presence in Malawi, where it has built roads and bridges, 'made the win possible', the newspaper added.