SECOND PROJECT FOR DF IN ALGERIA, AS THE ENERGY DIVISION IS CURRENTLY BUILDING A COMBINED CYCLE POWER PLANT

The DF (Duro Felguera) Mining & Handling business division has won a contract to supply bulk handling equipment at a new iron and steel complex in Bellara (in the north-east of Algeria), after reaching an agreement with Algerie Qatar Steel (AQS), the promoter of the plant construction project. The shareholding structure of AQS consists of the company Sider and Qatar International, a joint venture between Qatar Steel and Qatar Mining.

The purpose of the project is to supply local demand for finished products and the plan is to reach a production figure of 2mt (million tonnes) of steel per year. Duro Felguera will deliver the project as a turnkey contract, including the engineering, procurement, manufacturing, construction and commissioning of the equipment necessary for the bulk handling package.

The estimated budget for the project is US$109.4 million dollars, which will cover two different parts. Firstly, the port terminal facilities at the port of Djen Djen, for the reception of 3.5mt of iron ore pellets per year; and secondly, the equipment for pellet storage before being sent to the direct reduction plant (DRI) within the new iron and steel complex at Bellara.

The equipment will include ore unloading gantries, conveyor belts, stackers and reclaimers, train loading and unloading docks, and service equipment to support these facilities.

This will be the second project that DF has implemented in Algeria, as the DF Energy division is currently building a gas-fired combined cycle power plant at Djelfa (300km south of Algiers). This power plant will have four gas and two steam turbines and will be the largest built yet by DF, at over 1,250MW. The Djelfa project, awarded by the Algerian company Societe´ de Production de Electricite´, a subsidiary of the Sonelgaz group, is also an EPC turnkey project.

With this new project announced in April this year, Duro Felguera is strengthening its commitment to the market in Africa, where the various different business lines are currently carrying out projects. More specifically, the DF Mining & Handling division is building two iron ore processing plants in Mauritania and a bulk port terminal in Egypt. The subsidiary Felguera IHI has implemented two projects for the design, engineering and procurement of LPG storage terminals: an 8,500m3 spherical tank in Nigeria and eight 64,000m3 vertical tanks in South Africa.

ABOUT DURO FELGUERA S.A.

Duro Felguera (DF) is a Spanish company that specializes in the delivery of turnkey projects for the energy, mining and handling, oil & gas, smart control systems, communications, security and defence sectors. It is at the same time a supplier of assembly and industrial plant operation and maintenance services, mainly in the field of power plants. The company is also a prestigious manufacturer of equipment, pressure vessels and fractionating columns etc. for the oil industry and railway crossings for high speed trains.

The company’s headquarters are in Gijo´n (Asturias), and it boasts over 150 years’ experience in industrial activity. It has been quoted on the Stock Market of Madrid for over 100 years. DF is currently represented in Mexico, Brazil, Colombia,Venezuela,Argentina, Chile, Peru, Costa Rica, USA, India, China, Indonesia, Saudi Arabia, Bahrein, Dubai, Japan, Australia and Algeria.