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Quellaveco copper project, Peru

2nd May 2014

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

  

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Name and Location
Quellaveco copper project, Peru.

Client
Anglo American.

Project Description
The greenfield Quellaveco project is located in southern Peru, at 3 500 m above sea level, and is one of Anglo American’s biggest projects in the country.

The project is expected to produce an estimated 225 000 t/y of copper, as well as molybdenum and silver by-products.

Value
Capital expenditure is estimated at $3-billion.

Duration
Potential start-up is expected in 2016 and full production in 2017.

Latest Developments
Fluor Corporation has received a limited notice from Anglo American to proceed with engineering, procurement and construction management (EPCM) services for the Quellaveco copper project.

This is an additional opportunity in the stage-gate process for Anglo American to validate the economic case of the project.

Fluor will provide project planning and early engineering services from its offices in Lima, Peru, and Santiago, Chile.

Additionally, Fluor will provide construction management and early works execution services for the project. The work is expected to be completed over the next 18 months.

Key Contracts and Suppliers
Fluor (EPCM).

On Budget and on Time?
The project’s environmental-impact study was approved years ago, but construction has been postponed as a result of community opposition.

Contact Details for Project Information
Anglo American, tel +44 20 7968 8888.
Fluor Corporation media relations, Brian Mershon, tel +1 469 398 7621.

Edited by Creamer Media Reporter

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