PRESS RELEASE: Fluor will book the undisclosed contract value in the September quarter of 2018.

Tony Morgan, president of Fluor's mining & metals business, said: "As one of the world's largest undeveloped copper deposits and one of the largest projects in Peru, Quellaveco will be a flagship project for Fluor, our client and the local community. Since completing the feasibility report, we have worked tirelessly with Anglo American to ensure the project is fully ready for execution. We are very proud of the work we've done together and look forward to making Quellaveco the best performing asset in Anglo American's impressive portfolio of operations."

The project will be an open pit mine that will process 127,500t/d of ore via conventional crushing, grinding and flotation technology to produce 300,000t/y of copper. First copper production is expected in 2022.

The majority of work takes place at an elevation of 3,000m above sea level. Fluor will pre-assemble certain structures to improve safety and quality by increasing the amount of work in a controlled environment at lower elevations.

Fluor has been responsible for early site infrastructure development since 2014.