Stracon awarded engineering contract in Chile

Executive Summary

• Stracon Group Holding Inc. has been awarded a significant integrated engineering, construction, financing, and long-term operations and maintenance (O&M) contract for the Perez Caldera tailings dam project at the Los Bronces operation in Chile.
• The contract was awarded by Anglo American Sur S.A. and will be executed by Stracon’s Engineering business unit, representing a major addition to the company's backlog with multiyear revenue visibility.
• The project involves the removal and water resource adaptation of the Perez Caldera tailings dam, which received environmental approval in April 2025, aligning with Stracon’s strategy of delivering full life-cycle infrastructure solutions.

Key Details

• Contract Scope: Integrated engineering, construction, financing, and long-term operations and maintenance (O&M) for the Perez Caldera tailings dam.
• Counterparty: Anglo American Sur S.A.
• Execution Unit: Stracon Engineering business unit.
• Project Location: Los Bronces operation, Lo Barnechea district, Chile.
• Strategic Impact: Adds meaningful backlog and provides multiyear revenue visibility with a high-quality global mining counterparty.
• Project Context: Supports the initiation of the Perez Caldera tailings dam removal and Water Resource adaptation project.
• Regulatory Status: The project was environmentally approved by authorities in April 2025.
• Operational Approach: Execution will follow Stracon’s standards for health, safety, environmental management, and operational excellence, leveraging local teams and experienced operations personnel.
• Company Strategy: Reinforces Stracon’s integrated infrastructure strategy, demonstrating its ability to deliver complex solutions across the full asset life cycle.

Notable Quotes

• "This award reflects continued confidence from a leading global mining company in Stracon's ability to deliver complex infrastructure solutions across the full asset life cycle," said Steve Dixon, chief executive officer of Stracon. "Our integrated engineering, EPC, financing and O&M platform enables us to support mining clients from project development through long-term operations, while maintaining a strong focus on safety, execution discipline and sustainable value creation."