What's Happening?
STRACON has been awarded a significant contract by Anglo American Sur S.A. to carry out work on the Pérez Caldera Tailings Dam at the Los Bronces operation in Chile. The contract involves an integrated
approach to engineering, construction, financing, and long-term operations and maintenance. This project is part of the Pérez Caldera Tailings Dam Removal and Water Resource Adaptation Project, which received environmental approval in April 2025. STRACON will provide full-lifecycle delivery of infrastructure assets necessary for the conditioning, removal, and transportation of tailings material. The project will adhere to STRACON's standards for health, safety, and environmental management, utilizing the company's engineering capabilities and local execution teams.
Why It's Important?
This contract represents a strategic expansion for STRACON, enhancing its portfolio of long-duration, infrastructure-led service arrangements. It underscores the company's ability to deliver complex infrastructure solutions across the full asset lifecycle, which is crucial for maintaining competitiveness in the global mining industry. The project also provides STRACON with increased revenue visibility and a meaningful addition to its backlog, supporting recurring revenue and cash flow over the contract term. For Anglo American, this partnership ensures the efficient and sustainable management of tailings, aligning with environmental and operational goals.
What's Next?
The execution of this contract will likely involve close collaboration between STRACON and Anglo American to ensure project milestones are met. As the project progresses, there may be opportunities for further collaboration on similar infrastructure projects, potentially expanding STRACON's role in the mining sector. Additionally, the successful completion of this project could position STRACON as a preferred partner for other mining companies seeking integrated infrastructure solutions.
