Fluor Corporation (NYSE: FLR) announced today that it was awarded a
contract by Australian mining company Crosslands Resources to complete a
feasibility survey for the Jack Hills Expansion Project in Western
Australia. Fluor booked the undisclosed contract in the first quarter of
2013.
Jack Hills iron ore mine in Western Australia (Photo: Business Wire)
As part of the contract, Fluor is responsible for validating, refining
and finalizing a study conducted by Crosslands Resources’ Strategic
Asset Review regarding a major expansion of the Jack Hills Iron Ore
mine. The process plant facilities will handle 61 million tonnes per
annum of feed ore to produce a magnetite iron ore concentrate.
“Fluor is pleased to provide our services to analyze and validate the
potential of this promising mine,” said Rick Koumouris, Fluor’s business
line lead for Mining & Metals.
The Jack Hills mine is operated by Crosslands Resources Ltd., which is
owned by the Mitsubishi Development Pty Ltd, a wholly-owned subsidiary
of Mitsubishi Corporation. In the past five years, the mine produced
about 1.8 million tonnes per annum of direct shipping iron ore.
About Fluor Corporation
For more than 100 years, Fluor Corporation (NYSE: FLR) has partnered
with its clients to design, build and maintain many of the world's most
challenging and complex capital projects. Through its global network of
offices on six continents, more than 40,000 employees provide
comprehensive capabilities and world-class expertise in the fields of
engineering, procurement, construction, commissioning, fabrication,
operations, maintenance and project management. Today, the company
serves a global client base in the energy, chemicals, government,
industrial, infrastructure, operations & maintenance, manufacturing &
life sciences, mining, power and transportation sectors. Headquartered
in Irving, Texas, Fluor ranks 124 on the FORTUNE 500 list and had
revenue of $27.6 billion in 2012. For more information visit www.fluor.com.
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