Aker Solutions signs EPCM services contract for the Minera Chinalco
Peru, SA Toromocho Project
(Thomson Reuters ONE) - 6 October 2009 - Aker Solutions has been awarded the detailedengineering, procurement, and construction management (EPCM) serviceson the Toromocho Project for Minera Chinalco Peru S.A. The contractvalue to Aker Solutions is approximately USD 143 million. TheToromocho mine site will become one of Peru's largest copper mines in2012.Resources and expertise from the Aker Solutions offices in Tucson,Arizona, USA; Santiago, Chile; Lima, Peru; and Shanghai / Beijing,China, will be involved in delivering this project. Aker Solutionsalso previously completed the feasibility study and basic engineeringfor this project.The Toromocho Project is a mining and processing ore facility locatedapproximately 140 km east of Lima, in the Morococha District incentral Peru. The project requires the development of a large openpit mine, followed by ore processing at a rate of 117,200 tonnes perday, to produce copper concentrates. The location elevations range isfrom 4 500 to 5 000 metres above sea level.David Lawson, President, Aker Solutions' Metals business, said: "Weare very pleased to be awarded this important project which isChinalco's first major mining investment in South America. Our goalis to deliver this USD 2.2 billion total installed cost (TIC) projectin such a way that we meet or exceed the expectations of all thestakeholders. This project is another example of what we can achieveutilizing a globally integrated project team."Aluminum Corporation of China Ltd. (Chinalco) will manage the projectthrough its subsidiary, Minera Chinalco Peru. Toromocho is expectedto produce 225,000 tonnes of copper annually. In addition, silverwill be recovered in the copper concentrate and molybdenum tri-oxidewill be produced as a valuable by-product of the processing.The Aker Solutions contract entity is Aker Metals Inc.ENDSFor further information, please contact:Media:David Lawson, President, Metals, Aker Solutions, Santiago, ChileTel: +56 2 336 3501Guy Carraux, Vice President, Aker Metals Inc., Tucson, Arizona USATel: +1 520 917 5479, Mob: +1 520 609 8925Loreto Lazcano, Marketing and Public Relations Coordinator, AkerSolutions, Santiago, Chile. Tel: +56 2 336 3520Jannik Lindbæk Jr., SVP Corporate Communications, Aker Solutions.Tel: +47 67 51 30 36, Mob: +47 977 55 622Investor relations:Lasse Torkildsen, SVP Investor Relations, Aker Solutions. Tel: +47 6751 30 39, Mob: +47 911 37 194Suppliers:For further information about sourcing and potential subcontracts forthis project, please contact Rodger Liang, Global Sourcing Champion,Process & Construction - Tel: +86 10 640 966 36.Career opportunities:Visit http://www.akersolutions.com/Internet/CareerCentreAker Solutions ASA, through its subsidiaries and affiliates("Aker Solutions"), is a leading global provider of engineering andconstruction services, technology products and integratedsolutions. Aker Solutions' business serves several industries,including oil & gas, refining & chemicals, mining & metalsand power generation. The Aker Solutions group is organised in anumber of separate legal entities. Aker Solutions is used as thecommon brand/trademark for most of these entities.Aker Solutions' parent company is Aker Solutions ASA. Aker Solutions has aggregated annual revenues of approximately NOK58 billion and employs approximately 23 000 people in about 30countries.Aker Solutions is part of Aker (www.akerasa.com), a group of premiercompanies with a focus on energy, maritime and marine resourceindustries. The Aker companies share a common set of valuesand a long tradition of industrial innovation. As an industrial ownercontrolling 40.27 percent of the shares in Aker Solutions throughAker Holding AS, Aker ASA takes an active role in the developmentof Aker Solutions.Aker Solutions' Process and Construction business area is a worldleader in the project management, design and construction of majorprojects spanning refining, petrochemical processing, metals andmining, power generation, and acid plants. From initial conceptthrough technology development, process technology application,design, procurement, construction, commissioning, operations,maintenance, modification and decommissioning, we provide ourcustomers with the full life cycle of services. Process andConstruction provides sound local expertise, combined with the depthand strength of global project operations.Aker Solutions provides design, engineering, procurement,construction and project management services for mining and metalsprocessing facilities on every continent. With its MetalsHeadquarters based in Santiago, Chile, Aker Solutions has regionalmetals capabilities in Tucson, Arizona, U.S.A; Lima, Peru; Toronto,Canada; Perth, Brisbane, Adelaide and Melbourne, Australia; Mumbai,India; Stockton-on-Tees, U.K; and Johannesburg, Republic of SouthAfrica. Aker Solutions provides global capability to serve itsclients across the full project cycle from studies through to designengineering, procurement, construction, commissioning and startup.Specialised expertise spans: precious metals, nickel, copper,molybdenum, iron ore, zinc, uranium, evaporites and industrialminerals.This press release may include forward-looking information orstatements and is subject to our disclaimer, seewww.akersolutions.com.This announcement was originally distributed by Hugin. The issuer is solely responsible for the content of this announcement.
Datum: 06.10.2009 - 14:00 Uhr
Sprache: Deutsch
News-ID 6625
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