Jacobs Wins EPCM Contract for Oyu Tolgoi Underground Project

PASADENA, Calif.--()--Jacobs Engineering Group Inc. (NYSE:JEC) announced today it signed a contract with Oyu Tolgoi LLC to provide engineering, procurement and construction management (EPCM) services for the next stage in the development of the Oyu Tolgoi copper and gold mine in Mongolia, the Oyu Tolgoi Underground Project.
The Oyu Tolgoi mine is located in the South Gobi region of Mongolia, approximately 550 kilometers south of the capital Ulaanbaatar. The investment by Rio Tinto, the Government of Mongolia and Turquoise Hill Resources was approved in May, and necessary permits have been formally granted.
Jacobs is responsible for EPCM services to implement the materials handling systems for the new underground mine and associated surface and underground infrastructure. The project is being delivered over a five- to seven-year period and is expected to provide substantial employment and business opportunities in Mongolia.
In making the announcement, Jacobs President and CEO Steve Demetriou said, “We are very proud to be associated with what is a landmark project for Oyu Tolgoi, Mongolia and the global mining landscape. The Oyu Tolgoi Underground Project is one of the largest mining projects worldwide. We are excited at the opportunity to contribute significant value to our client and the nation of Mongolia.”
First draw bell production from the underground mine is expected in 2020.
Jacobs is one of the world's largest and most diverse providers of technical, professional and construction services.

Source:http://www.businesswire.com/
Share:

0 comments:

Post a Comment

Facebook page

Powered by Blogger.

Categories

Advertising in Mongolia An Culture Editorial of the Mongolianviews education Environmental protection Famous Mongolians Foreigners in Mongolia Inner Mongolia Ivanhoe Mines Mongolia agriculture Mongolia analysis Mongolia and Australia Mongolia and Belorussia Mongolia and Cambodia Mongolia and Canada Mongolia and central Asia Mongolia and China Mongolia and Cuba Mongolia and EU Mongolia and Germany Mongolia and Hongkong Mongolia and Hungary Mongolia and India Mongolia and Inner Mongolia Mongolia and Iran Mongolia and Italy Mongolia and Japan Mongolia and Kazakhstan Mongolia and Korea Mongolia and Kuwait Mongolia and Malaysia Mongolia and Nato Mongolia and North Korean Mongolia and Poland Mongolia and Russia Mongolia and Singapore Mongolia and South Korea Mongolia and Taiwan Mongolia and the world Mongolia and Tibet Mongolia and Turkey Mongolia and UK Mongolia and Ukraine Mongolia and UN Mongolia and USA Mongolia and Vietnam Mongolia Banking Mongolia civic society Mongolia crime Mongolia diplomacy Mongolia Economy Mongolia Education Mongolia Energy Mongolia Finance Mongolia Health Mongolia History Mongolia holiday Mongolia in international media Mongolia Industries Mongolia Joke Mongolia law Mongolia LGBT Mongolia medical Mongolia military Mongolia Mining Mongolia Mining Developments Mongolia Mortgage Mongolia natural disaster Mongolia Petroleum Mongolia public announcements Mongolia railways Mongolia Religion Mongolia society Mongolia Sports Mongolia Stamp Mongolia telecommunication Mongolia tourism Mongolia Urbanization Mongolia Wild Life Mongolian Agriculture Mongolian Archeology Mongolian Food Mongolian Gay Mongolian Government news Mongolian History Mongolian Military Mongolian Mining Development Mongolian Movie Mongolian News Mongolian Parliament Mongolian Political news Mongolian Press Mongolian Songs Mongolian Women Mongolian Youth Mongolians abroad Moninfo Opinion Oyu Tolgoi Investment Agreement Photo news Press Release Rio Tinto Tavan Tolgoi coal mine Ulaanbaatar development Weird expatriates in Mongolia

Blog Archive

Followers

Live Traffic