Northwire Canada EditionSunday, October 18, 2026
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Financings

STRACON Group Holding Awarded Integrated Engineering, Construction, Financing and O&M Contract for Perez Caldera Mining Infrastructure Project

STG · Price

Executive Summary

  • STRACON Group Holding Inc. secured a multi‑year integrated engineering, construction, financing and long‑term operations & maintenance contract for the Pérez Caldera Tailings Dam at Anglo American Sur’s Los Bronces operation in Chile.
  • The agreement adds significant backlog and provides recurring revenue and cash‑flow visibility over the contract term.
  • The project supports the environmentally approved tailings dam removal and water resource adaptation initiative, aligning with STRACON’s long‑duration infrastructure strategy.

Key Details

  • Contract Scope: Full‑lifecycle delivery of engineering, construction, financing, and O&M services for the Pérez Caldera Tailings Dam removal and water resource adaptation project.
  • Counterparty: Anglo American Sur S.A., a global mining company.
  • Business Unit: STRACON Engineering will execute the agreement.
  • Strategic Impact: Enhances consolidated backlog; creates multi‑year revenue visibility; demonstrates STRACON’s capability to provide integrated infrastructure solutions across the asset lifecycle.
  • Project Context: Tailings dam removal was environmentally approved by Chilean authorities in April 2025.
  • Execution Standards: Project will adhere to STRACON’s health, safety, environmental management and operational excellence standards, utilizing local execution teams and experienced operations personnel.
  • Contract Nature: Entered into in the ordinary course of business; no mention of specific financial terms (e.g., contract value or duration).

Notable Quotes

“This award reflects continued confidence from a leading global mining company in STRACN’s ability to deliver complex infrastructure solutions across the full asset lifecycle,” – Steve Dixon, Chief Executive Officer, STRACON.

Read the original news release →

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