:: Jacobs Receives Contract from CODELCO, World Leader in Copper Production

Jacobs Engineering Group Inc. has announced that it received a contract from CODELCO, the National Copper Corporation of Chile and world leader in copper production, to provide engineering services for an anticipated 200,000 metric tons per day copper mine in Chile. Officials estimate the total installed cost (TIC) at $4.5 billion.

Under the terms of the contract, Jacobs is providing engineering services for Phase II of the Radomiro Tomic (RT) sulfides mine and the new and independent concentrator facility. The conventional concentrator plant is expected to have two 40-foot SAG (semi-autogenous grinding) mills and four conventional ball mills; a 160-kilometer desalinated water pipeline; booster stations; a desalination plant; a thickened tailings management facility; a 270-kilometer concentrate transport pipeline; and power infrastructure.

Jacobs is committed to growing its mining and minerals business in South America, particularly in Chile. CODELCO Vice President of Projects Sergio Fuentes said of the award, "This is a long term strategic decision and an opportunity for us to work with a world class company committed to providing quality services."

In making this announcement, Jacobs Chairman of the Board Noel Watson stated, "We are very impressed by the quality of leadership at CODELCO and the compatibility of our business cultures. Jacobs is committed to supporting them in achieving their business vision and long term goals. We are thrilled at the opportunity to establish a long term relationship with CODELCO and grow our presence in Chile."

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