ECO Technologies Secures Contract in Brazil

Business & Finance

Canadian-based dredging company, ECO Technologies announced today that its subsidiary based in Belo Horizonte – ECO Minas Dragagens – has signed a major production contract with Vale Fertilizantes S.A., a subsidiary of Brazilian mining giant Vale S.A.

The contract, for which the kick off meeting and official signing took place in Uberaba on Monday, June 19th 2017, introduces an innovative concept to dredge and dewater phosphate from one of the sites containment cells. The dewatered phosphate will be utilized in Vale Fertilizantes’ product stream.

The contract will be carried out over the next 36-42 months at Vale Fertilizantes S.A.’s Uberaba operations, in the State of Minas Gerais.

ECO Technologies offers turn-key dredging services for the mining/industrial, environmental and marine sectors. ECO Technologies Ltd. services Canadian markets at large, whereas its’ subsidiary, ECO Minas Dragagens Ltda., is focused on servicing the mining industry in Brazil.