Fluor gets $1 billion, Quadra FNX Mining Ltd contract in Chile

Fluor gets $1 billion, Quadra FNX Mining Ltd contract in Chile

4:33 PM, 14th July 2011
Fluor gets $1 billion, Quadra FNX Mining Ltd contract in Chile

IRVING, TEXAS/SANTIAGO, CHILE: Fluor Corporation has won a contract from Minera Quadra Chile Limitada, a subsidiary of Quadra FNX Mining Ltd, to perform work at the company’s Sierra Gorda project in Chile. Fluor booked approximately $1 billion for the Sierra Gorda project in the company’s second quarter 2011.

Sierra Gorda is an open pit, green field conventional copper/molybdenum project located in Chile’s Atacama Desert. Fluor’s scope of work on the project will include providing engineering, procurement and construction management (EPCM) services for the mine’s processing plant. When complete, the mine will be capable of processing approximately 110,000 tonne per day of ore, expanding to 190,000 tonne per day during year four of operations. Quadra FNX is targeting first production from Sierra Gorda in 2014.

“Global demand for natural resources continues to be a strong driver for Fluor’s EPCM services in the mining sector,” said Rick Koumouris, Senior VP and General Manager, Mining & Metals business, Fluor.

© WOC News




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