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ELB GROUP LIMITED - ELB subsidiary appointed as the EPC contractor on Vedantas Gamsberg Zinc project (Process, Power and Water plants)

Release Date: 19/10/2016 13:00
Code(s): ELR     PDF:  
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ELB subsidiary appointed as the EPC contractor on Vedanta’s Gamsberg Zinc project (Process, Power and Water plants)

ELB Group Limited
(Incorporated in the Republic of South Africa)
(Registration number: 1930/002553/06)
Share code: ELR
ISIN: ZAE000035101
(“ELB”, “the Company” or “the Group”)

ELB subsidiary appointed as the EPC contractor on Vedanta’s Gamsberg Zinc project (Process,
Power and Water plants)

ELB is pleased to announce that its subsidiary, ELB Engineering Services Proprietary Limited
(“Engineering Services”), has been appointed by Black Mountain Mining Proprietary Limited
(“BMM”), a subsidiary of Vedanta Limited (“Vedanta”), to provide engineering, procurement and
construction services to BMM for their Gamsberg zinc project in the Northern Cape Province, for
the Process, Power and Water plants.

The contract has been awarded to Engineering Services by BMM, whose assets include the
Black Mountain mine and the Gamsberg mine project located in South Africa. This is a significant
contract for Engineering Services and is the outcome of months of joint effort to achieve an
optimal engineered integrated solution. Engineering Services is appreciative of the involvement
and commitment from the Vedanta and Gamsberg Project teams in collaborating and partnering
with Engineering Services over the past months in the continued optimisation of the integrated
Gamsberg project solution.

The BMM Project is to develop a green field zinc mine at Gamsberg consisting of an open cast
mine, ore beneficiation plant and associated infrastructure located in Aggeneys. The Gamsberg
project is an important project for Vedanta in Africa and is one of the largest known zinc deposits
globally. Vedanta will invest, approximately US$400 million towards developing the open pit zinc
mine, concentrator plant and associated infrastructure at Gamsberg.

The project is expected to take up to eighteen months to complete. Engineering Services looks
forward to its continued partnering with BMM and to the successful undertaking of such a
significant mining project in South Africa.

Johannesburg
19 October 2016

Sponsor
RAND MERCHANT BANK (a division of FirstRand Bank Limited)

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