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ZÜBLIN awarded mining contracts for € 500 million in Chile

12 March 2019

Two new long-term mining contracts in El Teniente Mine
Main scope: excavation of 32.5 km of tunnels

Santiago de Chile, 12 March 2019---STRABAG Group’s Züblin International GmbH Chile SpA has been awarded two new long-term mining contracts in Nuevo Nivel Mina, at the Teniente Mine in Rancagua. The contracts have a total value of about € 500 million and comprise the construction of tunnels with a total length of 32.5 km.

Nuevo Nivel Mina is one of five key projects of copper mining company Codelco and consists of extending the mine into a deeper sector, thus extending the useful lifespan of El Teniente Mine by another 50 years.

“With this achievement, we strengthen even more our brand in the local market, by being present at three of the main mining projects in Chile,” says Thomas Birtel, CEO of STRABAG SE.

The first contract involves 6,049 m of horizontal developments and Civil Works in a 25 month period. The second contract consists of Mining and Civil Works for a period of 39 months to complete 26,439 m of horizontal developments and 4,179 m of shafts.

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Marianne Jakl
STRABAG SE
Head of Corporate Communications
Group Spokeswoman

+43 1 22422 1174

pr@strabag.com

STRABAG SE is a European-based technology group for construction services, a leader in innovation and financial strength. Our activities span all areas of the construction industry and cover the entire construction value chain. We create added value for our clients by taking an end-to-end view of construction over the entire life cycle – from planning and design to construction, operation and facility management to redevelopment or demolition. In all of our work, we accept responsibility for people and the environment: We are shaping the future of construction and are making significant investments in our portfolio of more than 250 innovation and 400 sustainability projects. Through the hard work and dedication of our approximately 86,000 employees, we generate an annual output volume of around € 19 billion.
Our dense network of subsidiaries in various European countries and on other continents extends our area of operation far beyond the borders of Austria and Germany. Working together with strong partners, we are pursuing a clear goal: to design, build and operate construction projects in a way that protects the climate and conserves resources. More information is available at www.strabag.com.

STRABAG ZÜBLIN has roughly 7,000 employees in Chile, of which nearly 2,700 belong to Züblin International Chile. ZÜBLIN has been operating in Chile since 1987 and has successfully completed various construction projects in the country, including mining galleries and buildings for hydroelectric and thermoelectric plants.