AUSENCO CONTINUES SOUTH AMERICAN GROWTH

AUSENCO CONTINUES SOUTH AMERICAN GROWTH

AUSENCO has continued its strong growth in South America after winning three new ‘innovate and create’ phase projects worth $21 million.

Ausenco’s minerals and metals business line has been awarded a create phase contract to engineer and manage the delivery of Anglo American’s ROM Mercedes expansion at its Chilean Mantos Blancos copper project.

The project involves processing low grade copper waste currently stockpiled at the Mercedes dump and is expected to start operations in 2012.

The company’s process infrastructure business line has won an ‘innovate and create’ phase contract to provide detailed engineering, procurement and construction support for the Cerro Negro Norte iron ore project owned by CAP Mineria in Chile.

The project involves concentrate, water recovery and tailings and pipelines. This new work builds on Ausenco’s earlier completion of the basic engineering phase for the project.

The company’s process infrastructure business line has also won an innovate phase contract to deliver the detailed engineering and design review for a 400km iron ore concentrate pipeline.

The pipeline will transport iron ore concentrate from the Viga mine region in Minas Gerais state of Brazil to the port at Pressidente Kennedy in Espirito Santo state.

Ausenco CEO Zimi Meka says South America continues to provide enormous growth opportunities for the company, with these latest projects further building on its strong strategic footprint in the region.

“We’re pleased about these project wins, which further strengthen our backlog for this year and into 2012,” he says.

“We’re well positioned to continue to grow our South American project portfolio into 2012 and 2013.”

Business News Australia

Australia's business news.
Free. Always.

Join thousands of founders, investors and executives
who read Business News Australia every morning.

Free Access

You're on a roll.
Keep reading — it's free.

Create a free account to keep reading
Business News Australia. No restrictions, ever.

of articles read

You've read articles.
The rest are free too.

Create a free account to keep reading
Business News Australia. No restrictions, ever.

Join Free

No paid subscriptions, just free. Unsubscribe anytime.

The financial case for knockdown rebuild on established Australian land
Partner Content
For most Australian homeowners, the house gets the attention and the land gets taken fo...
Ventures & Visionaries
Advertisement

More News