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STRABAG Group’s ZÜBLIN extends mining contract in Chile

8 February 2019

Extension of the contract with Minera Candelaria
Contract value € 65 million
Contract concluded until 2022

Santiago de Chile, 8 February 2019---STRABAG Group’s Züblin International GmbH Chile SpA has been awarded an extension to its contract with Mina Candelaria Subterránea for another four years. The contract value amounts to € 65 million.

Located in Copiapó, in the Atacama region, 650 km north of the city of Santiago, the Candelaria Mine is an open pit and underground mine which provides copper ore to a concentrator located on-site, with a capacity of 75,000 t per day. ZÜBLIN Chile has been involved in the work since the beginning of 2005.

The extension to the contract involves 22,400 m of horizontal developments, plus 1,771,000 t of loading and transport of material, among other works. With this extension, ZÜBLIN will oversee 58,400 m of horizontal developments.

“We have been working in Mina Candelaria for 14 years and have optimised the resources and processes in each of the projects in which we have taken part. The extension of the contract with Mina Candelaria Subterránea is proof of this and makes us proud,” says Thomas Birtel, CEO of STRABAG SE, and continuous: “We owe our success mainly to the work of our local team, who fulfilled its commitments in a responsible and professional manner.”

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Marianne Jakl
STRABAG SE
Head of Corporate Communications
Group Spokeswoman

+43 1 22422 1174

pr@strabag.com

Marco Reiter
Head of Investor Relations

+43 1 22422 1089

marco.reiter@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.