Severe service mining valve contract

Velan Inc. has announced the award of a USD 13 million contract for the supply of Securaseal severe service metal-seated ball valves in Grade 28 titanium and 2205 Duplex stainless steel materials. The buyer, Goro Nickel SA, is a subsidiary of the mining powerhouse Inco Ltd and is responsible for the management of the Goro Nickel project. The Goro Nickel Project, established to extract and process Nickel Laterite and Cobalt, is located on the South Pacific island of New Caledonia.