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STRABAG subsidiary ZÜBLIN receives orders worth more than € 280 million in Chile

2 June 2022

Contract extensions for the Candelaria Norte and El Teniente mines
ZÜBLIN involved in these projects for 16 and 30 years respectively

Santiago de Chile, 2 June 2022 With two new tunnelling contracts for the Candelaria Norte and El Teniente mines, the STRABAG Group is further advancing its successful mining business in Chile. The contracts have a total value of around € 283 million.

Candelaria Norte: 16 years, 140 km of tunnel
Through its subsidiary ZÜBLIN, the company has spent the last 16 years developing the copper ore mine in the Atacama region, 650 km north of the capital Santiago. During this time, 140 km of tunnels have been built, and a further 40 km are to be constructed in the coming three-year contract period on behalf of client Lundin Mining. The new contract also includes the loading and transport of more than 3 million tonnes of rock.

El Teniente: ZÜBLIN involvement for 30 years
ZÜBLIN has been working for the client, the National Copper Corporation of Chile (CODELCO), at the El Teniente copper mine since 1992. The new two-year contract includes, among other things, the development of a tunnel system with a length of 13.4 km on different levels, 1,503 m of vertical shafts, and other infrastructure work. “Our specialists have been doing an excellent job in Chile for decades and have made a significant contribution to consolidating our leading position in mining on the Chilean market,” says Thomas Birtel, CEO of STRABAG SE.

ZÜBLIN has been present in Chile since 1987 and today is active in the infrastructure, tunnelling and mining sectors. The company is currently working on seven major projects in Chile, including mining projects in Chuquicamata, Candelaria and El Teniente as well as laying 140 foundations for the largest wind farm in South America with a projected output of 778 MW in 2024. After its completion, the wind farm will cover the energy needs of around 700,000 households.

Photo shows an excavator at work in a tunnel tube

STRABAG subsidiary ZÜBLIN receives orders worth more than € 280 million in Chile

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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.

ZÜBLIN International employs around 4,000 staff in Chile. ZÜBLIN has been present in Chile since 1987 and has successfully completed various construction projects in the country, including mining galleries as well as buildings for hydropower and thermoelectric plants.