en.Wedoany.com Reported - Minbos Resources has signed a $13.8 million (approximately $19.7 million) contract with Portuguese and Angolan construction group Grupo Arliz for the second phase of construction of the Cabinda Phosphate Fertilizer Plant in Cabinda Province, Angola. The contract covers all remaining construction work required to advance the plant to non-load commissioning, including structural steel, mechanical installation, electrical and instrumentation works, and process control systems.

This award marks the transition of the project from completed civil works to the final construction phase. Phase one, also carried out by contractor Grupo Arliz, completed the project platform, roads, drainage systems, slabs, and foundations. The plant and equipment have arrived in Cabinda and are ready for installation. Designed by FEECO International, the plant was shipped to Angola in 2023, procured early to mitigate capital cost inflation and schedule risks.

The contract was signed following Minbos's first drawdown under its IDC financing facility and the signing of a term sheet with Banco de Fomento Angola, thereby strengthening financial support for project completion.

"The signing of the Phase Two construction contract is a significant milestone for Minbos and Angola's only integrated phosphate mine and fertilizer project," said CEO Rob Newbold. "Civil works are complete, and we are now entering the final construction phase. The plant is on site, funds are being deployed, and construction can proceed toward non-load commissioning."

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