Under reimbursable contract, the companies would provide engineering, procurement and construction management (EPCM) services for the plant being built at Husab project in Namibia.
Tenova Bateman Sub-Saharan Africa MD Tollie Nel told Mining Weekly that the project is scheduled for to be completed by October 2015.
"The project is on schedule, with the design and detailed engineering phase in progress," added Nel.
"Orders for most of the major procurement items, such as the mills, have been placed."
The construction of the plant is expected to take about 34 months, with the production at the mine is likely to commence by the end of 2015.
Meanwhile, the mine is anticipated to house uranium reserves of at least 280-million tons and a mine life of 20 years. The company is estimating to produce 15-million pounds of uranium oxide a year.
"Based on the definitive feasibility study for the project, Husab is being developed as a low-risk, large-scale load-and-haul openpit mine, feeding ore to a conventional agitated acid leach processing plant, based on a proven flow sheet," elaborated Nel.
