Jacobs Engineering Group Inc. (NYSE:JEC) has been selected by Teck Resources Limited and Aurubis AG to perform the pre-feasibility study (PFS) for a proposed copper cathode production facility in Peru. Under the terms of the contract, Jacobs will provide capital expenditure (CAPEX) and operational expenditure (OPEX) estimates to Teck and Aurubis for determining project pre-feasibility. Teck and Aurubis’ conceptual copper cathode production facility would incorporate their proprietary CESL copper-arsenic process technology – providing high copper and precious metal recoveries, controlled arsenic deportment, and reduced environmental impact compared to traditional pyrometallurgical smelter processing facilities in respect to air, dust and water.
“We have extensive experience in delivering full life-cycle solutions to copper processing facility owners and operators and more than 40 years of working alongside Teck,” said Jacobs Mining and Minerals and Specialty Chemicals Senior Vice President and General Manager Andrew Berryman. “Our collaboration with Teck and Aurubis will support project and business objectives for the company’s proposed copper cathode production facility.”
Jacobs currently supports copper processing facility projects in Asia, North America and South America. In addition to the company’s experience executing end-to-end solutions for copper processing facilities, Jacobs has been providing studies, engineering, procurement, construction and construction management services to mining and mineral organizations globally for 70 years.
Teck is a diversified resource company headquartered in Vancouver, Canada committed to responsible mining and mineral development with business units focused on steelmaking coal, copper, zinc and energy. Aurubis AG is a leading worldwide provider of non-ferrous metals and the world’s largest copper recycler headquartered in Hamburg, Germany.
Jacobs is one of the world’s largest and most diverse providers of full-spectrum technical, professional and construction services for industrial, commercial and government organizations globally. The company employs over 54,000 people and operates in more than 25 countries around the world. For more information, visit www.jacobs.com.
Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our Form 10-K for the year ended September 30, 2016, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.
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Salim Rahimi, 214.583.8428
