M&A / Property
Atco awarded $179-million remote housing project

ACO · Price
Executive Summary
- Atco Structures & Logistics (USA) Inc., a U.S. division of Atco Ltd., has been awarded a $179-million contract to design, supply, and install a worker housing facility for Perpetua Resources Corp.
- The facility is intended for Perpetua’s Stibnite gold project in Idaho and will support gold, silver, and antimony mining operations as well as restoration activities.
- The project is scheduled to become operational in the first quarter of 2027, with initial site preparation beginning in 2025 and construction commencing in 2026.
Key Details
- Contract Value: $179 million (CAD), equivalent to approximately $130 million (USD).
- Scope of Work: Design, supply, and installation of a worker housing facility, including a 1,052-person dormitory lodge and office facilities.
- Timeline:
- Initial site preparation: 2025.
- Construction commencement: 2026.
- Operational date: First quarter of 2027.
- Facility Specifications:
- Total capacity: 1,052 persons.
- Modular units: 363 units prefabricated at climate-controlled facilities.
- Configuration: Modules assembled into housing wings accommodating approximately 105 people each, plus central kitchen, dining, and recreation facilities.
- Project Context: The Stibnite project is significant for its antimony reserves (the only reserve in the U.S.), receiving support from the U.S. Department of Defense for domestic supply chain restoration.
Notable Quotes
- Joshua Nabb, Senior Vice-President, Atco Structures U.S.A.: "We are pleased to support Perpetua Resources with a high-quality, purpose-built solution designed to help maintain project schedules and budgets while achieving their operational objectives... Atco has considerable worldwide experience in developing and constructing modular accommodation and ancillary facilities for large-scale industrial and commercial projects in challenging environments."
- Michael Wright, Vice-President, Projects, Perpetua Resources: "Atco brings proven expertise in safely delivering the high-quality housing needed for our remote on-site work force. This contract marks a significant milestone in mobilizing our construction team and underscores our disciplined approach to project execution."
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May 06, 2026 · 06:55