The Bechtel Report 2016

Mining & Metals

With the mining and metals industry entering its fifth year of decline, we are working with our customers to navigate through this low point in the market cycle. Using engineering, layout optimization, and modularization, we are helping our customers reduce the overall footprint and constructed cost of their facilities, increase capital efficiencies, and cut water and energy consumption.

Expertise Matters: Ethics First

“When I was looking for a new job in Russia, the country was going through massive changes politically and socially. Choosing a company with the highest ethical standards became my number one priority. That was more than 15 years ago. It makes me proud to work for a company that is uncompromising in ethics, integrity, and fairness.” —Misha N.

Long-term Industry Leadership

Since our founding, Bechtel has delivered:

200

million metric tons per annum of installed iron ore production

42

major copper projects

30

aluminum smelter projects

15

major coal projects

8

alumina refinery projects

Hay Point Expansion Stage 3, Queensland

Select New Projects and Milestones

Amrun, Australia

At the end of 2015, we received full notice to proceed on a new bauxite mine in Queensland for Rio Tinto. Making an annual $1.3 billion contribution to Queensland’s economy once completed, Amrun will be one of the highest-quality bauxite projects in the world. The construction phase is expected to last three years, with employment peaking in late 2017 at around 1,100 people.

Al Taweelah Alumina Refinery, United Arab Emirates

Construction began on the $3 billion Al Taweelah Alumina Refinery in the United Arab Emirates. The refinery is being built to the highest environmental standards. When completed, it will produce 2 million metric tons per year of smelter-grade alumina.

Hay Point Expansion Stage 3, Australia

In 2015, Bechtel celebrated a significant milestone by delivering 82,500 tons of first coal to customer BHP Billiton and Mitsubishi Alliance bound for Indonesia. The project has increased the port’s capacity by 25 percent to 55 million tons per annum.

Helping Customers Achieve First Ore and Metal

Kitimat Aluminum Smelter, Canada

Bechtel completed the modernization of Rio Tinto’s 60-year-old Kitimat aluminum smelter in British Columbia. The modernization will increase the facility’s capacity by nearly 50 percent while cutting emissions in half. First hot metal was achieved in June 2015, and aluminum production is expected to reach 420,000 metric tons per year in 2016.

Organic Growth Project 1, Chile

Bechtel has completed BHP Billiton’s third concentrator at the Escondida mine in Chile’s Atacama Desert. OGP1 will add 152,000 metric tons per day of nominal capacity to the capacity of Escondida’s two existing concentrators: Laguna Seca and Los Colorados. The OGP1 new concentrator is the largest single-line unit ever built.

Las Bambas, Peru

Bechtel celebrated mechanical completion of the Las Bambas project for its customer MMG Limited. The greenfield copper concentrator, located in the Peruvian Andes at approximately 14,000 feet (4,270 meters) above sea level, achieved its first ore in November 2015. It reached full production of more than 140,000 metric tons per day in less than three months, becoming the fastest plant to reach single-day nameplate capacity in Bechtel’s long history of copper projects.

“At full production, Kitimat will be one of the most efficient, greenest, and lowest-cost smelters in the world.”

Alf Barrios Aluminium Chief Executive, Rio Tinto

Escondida Organic Growth Project 1, Chile:

The new concentrator will increase copper throughput by 20 percent.