MURRAY & ROBERTS HOLDINGS LIMITED - Terra Nova Technologies, Inc in a joint venture, awarded a significant EPC contract in South Africa

Terra Nova Technologies, Inc in a joint venture, awarded a significant EPC contract in South Africa

MURRAY & ROBERTS HOLDINGS LIMITED
(Incorporated in the Republic of South Africa)
Registration number 1948/029826/06
JSE Share Code: MUR
ADR Code: MURZY
ISIN: ZAE000073441
("Murray & Roberts" or the "Group")

TERRA NOVA TECHNOLOGIES, INC. IN A JOINT VENTURE, AWARDED A SIGNIFICANT EPC
CONTRACT IN SOUTH AMERICA

The Group is pleased to announce that Terra Nova Technologies, Inc. ("TNT"), in joint venture with
Ingeniería y Construcción Sigdo Koppers S.A., has been awarded an engineering, procurement and
construction ("EPC") contract with a large copper producer for a mine in South America. The contract
value is approximately US$200 million, with TNT's share in the joint venture being 51%.

The scope of work includes a primary crushing facility, a 6.3 km long overland conveyor, a 23kV power
transmission system, and associated infrastructure. Starting in April 2024, the project is expected to have
a duration of 27 months. This significant award reinforces TNT's strong capability to deliver complete
EPC material handling systems in Latin America and is a welcome order for the business who had to
rebuild its order book since the end of COVID, as limited materials handling opportunities came to market
during this period.

TNT, headquartered in California, provides materials handling design, consulting services, design/supply
sourcing, and general contracting to the mining and minerals processing and other bulk materials
industries throughout the world. TNT was acquired by Cementation Americas in 2019 and was a strong
contributor to Group earnings in the year prior to the pandemic.

Bedfordview

22 April 2024

Sponsor
The Standard Bank of South Africa Limited

Date: 22-04-2024 12:28:00
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