Fluor Joint Venture Awarded Mining Expansion Project

Fluor Corporation has announced that BHP Billiton has awarded the Mine & Port Development JV (MPDJV) a contract to provide engineering, procurement, construction management and commissioning services for an iron ore expansion project in Western Australia. Total project value is $1.8 billion and Fluor's share of the EPCM Contract is 50 percent.

"We are very pleased to continue our successful relationship with BHP Billiton," said Dwayne Wilson, Fluor's group president for Industrial & Infrastructure. "Fluor's long-term presence in Australia combined with our substantial mining experience allows BHP Billiton to increase overall mine efficiency in addition to expanding output."

MPDJV, is a 50/50 joint venture between Fluor Australia Pty Ltd. and Sinclair Knight Merz. The MPDJV office in Perth, Australia, will lead this project.

This expansion will increase the capacity of the mine from 129 million tons per annum to 155 million tons per annum. In addition to expanding the mine site, Fluor, through the JV, will also perform rail and port modifications with final completion expected in early 2010.

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Posted 21/08/07

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