Concrete weight coated pipes (photo: LKAB Minerals/Shawcor)

Shawcor and LKAB Minerals have signed a contract for the delivery of several hundred thousand tonnes of MagnaDense from February to October 2017 to match the production schedule at Shawcor’s production facility.

“We selected MagnaDense because of its outstanding performance characteristics, track record in similar offshore applications and confidence in the LKAB Minerals logistics capabilities and team” says Henri Tausch, Group President Shawcor Pipeline Performance.

The agreement was finalised by LKAB Minerals CEO Leif Boström and Peter Mörtlund, President of LKAB Minerals Inc. Peter Mörtlund says, “We are proud to have a long standing relationship with Shawcor, having supplied them in numerous projects around the world. It has been confirmed time and again that MagnaDense is a high quality and consistent product that meet the demands of the offshore industry. It is used for both loose ballast and as an aggregate in high density concrete. That we again can supply a project on another continent proves that we are competitive on a global scale and that our services and supply capacity matches the high quality of our product that we believe to be a benchmark in the industry.”

The value of the contract is not disclosed, but is substantial, LKAB Minerals CEO Leif Boström comments, “There are only a few of these large scale projects available on a yearly basis, for LKAB Minerals it proves that our focus on finding non-steel applications for magnetite is successful and value adding in a number of industries. We will continue to work hard to ensure that all deliveries are carried out with excellence and supporting Shawcor’s operations and schedule. We are also proud to be engaged in the construction of one part of an extensive system to supply Mexico with its future energy needs.”

Tags: LKAB Minerals, Shawcor