01 Dec CPI Copisa Industrial lands contract to extend an iron ore mine in Mauritania
CPI Copisa Industrial has been awarded a €100.5 million contract for the extension of an iron ore enrichment works near Zouerate (Mauritania). It is the largest contract ever won by a Spanish company in the country. Work is expected to take 20 months and will provide jobs for over 700 local people who will work with the team at CPI Copisa Industrial’s headquarters in Spain under the direction of its team of engineers. This project is underwritten and financed by the European Investment Bank, the French Development Agency, the Islamic Development Bank and the African Development Bank. Carrying out the work is to involve setting up a fully equipped camp for 700 workers featuring rest and recreation areas at a cost of €12 million.