McNally Bharat bags Rs 38-cr order from Brazil's Vale Group

The Kolkata-based McNally Bharat Engineering Company Ltd (MBE), a part of the Williamson Magor Group, has received a Euro 5.1 million (approximately Rs 38 crores) contract from Brazil-based Vale Group. MBE has informed BSE that MBE Coal & Minerals Technology GmbH, the Germany-based wholly-owned subsidiary of MBE, has received an order from Vale Group for an amount of Euro 5.1 million for supply of spare parts to optimise iron ore beneficiation activities.
 
MBE Coal & Minerals Technology GmbH (formerly Humboldt Wedag Coal & Minerals Technology GmbH) is one of the leading suppliers in the fields of mineral processing and coal beneficiation technology, offering basic and detail engineering, components for complete plants and systems including modernisation and capacity increase measures, as well as automation and process control equipment.