Fluor Corporation (NYSE: FLR) today announced that it has begun
construction on the first smelter modernization of its kind in South
America. The smelter is owned by Southern Peru Copper Corporation and is
located in Ilo, Peru.
When complete, the Ilo smelter will be the first modernized copper
smelter in South America to use ISASMELT technology (by Xstrata Plc), a
modern bath- smelting process for the production of non-ferrous metals.
The smelter is being modernized to comply with environmental emissions
regulations mandated by the Peruvian government.
"Fluor's services and expertise have been used at mining projects in
every corner of the world," said Dwayne Wilson, a senior vice president
within Fluor's Industrial group. "Our team will apply its skills and
knowledge to produce a fully modernized smelter for SPCC using
technology to advance the mining industry in this country."
When complete in June 2006, the smelter will produce copper that can be
sent to copper refineries for further processing.
The construction is part of a contract that Fluor was awarded to provide
engineering, procurement and construction management services on the
project. Fluor booked the award in the first quarter of 2004; the value
of the contract was not disclosed.
Fluor is executing the work out of its offices in Santiago, Chile.
Southern Peru Copper Corporation is one of Peru's largest companies and
one of the ten largest copper producers worldwide.
Fluor provides services on a global basis in the fields of engineering,
procurement, construction, operations, maintenance and project
management. Headquartered in Aliso Viejo, Calif., Fluor is a FORTUNE 500
company with revenues of nearly $9 billion in 2003. For more
information, visit http://www.fluor.com.
For more information please contact: media relations, Jerry Holloway,
+1-949-349-7411, or Leann Vandergrift, +1-949-349-7420, or investor
relations, Lila Churney, +1-949-349-3909, or fax, +1-949-349-5375, all
of Fluor Corporation.
http://www.fluor.com
media relations, Jerry Holloway, +1-949-349-7411, or Leann Vandergrift, +1-949-349-7420,or investor relations, Lila Churney, +1-949-349-3909, or fax, +1-949-349-5375,all of Fluor Corporation.http://www.fluor.com