Freeport-McMoRan Awards Fluor CM Contract for Peru Cerro Verde Mine Expansion

Fluor Corporation announced today that it was awarded a contract by Freeport-McMoRan Copper & Gold to provide construction management (CM) services for the expansion of the Cerro Verde mine in Peru. Fluor previously provided engineering and procurement services on the project beginning in early 2012. For the new contract, Fluor booked approximately $2.9 billion into backlog during the second quarter of 2013.

Cerro Verde is an open-pit copper and molybdenum mining complex located near the city of Arequipa in southern Peru. The large-scale expansion, announced in 2012, will triple existing throughput of the concentrator facilities to approximately 360,000 metric tons per day.

“Fluor is pleased that Freeport-McMoRan has awarded the construction management services to Fluor on this important project,” said Rick Koumouris, Fluor’s business line lead for Mining & Metals. “We look forward to enhancing our excellent relationships with Freeport-McMoRan by successfully building the design developed by our Vancouver office.”

Under the contract, Fluor will provide CM services for the new 240,000 metric tons per day concentrator, associated infrastructure including a new 220 kilovolt transmission line, a new waste water treatment plant for the city of Arequipa, upgraded fresh water pumping system, new tailing storage facility and ancillary buildings and facilities.

Engineering and procurement services for the project have been provided from Fluor’s Vancouver, Canada, office and the company’s offices in Lima, Peru, and Santiago, Chile, will lead the construction management operations for the project.

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