Fluor Corporation (NYSE: FLR) announced today that it has received full notice to proceed under its engineering, procurement and construction management contract with Sierra Gorda Sociedad Contractual Minera (SGSCM) for the Fourth Grinding Line Expansion Project in Chile. Fluor will recognize the undisclosed contract value in the third quarter of 2026.

Located approximately 60 kilometers south of Calama in Chile’s Antofagasta Region, SGSCM operates a large-scale open-pit copper-molybdenum mine. The brownfield expansion will add a fourth process line, including a new primary crusher, a high-pressure grinding roll crusher, fine ore grinding, flotation and associated support facilities. The project is designed to increase the concentrator’s ore-processing capacity from approximately 130,000 to 165,000 tonnes per day.

“Fluor is proud to continue our long-standing relationship with SGSCM to support this important expansion of its copper operations in Chile,” said Harish Jammula, President of Fluor’s Mining & Metals business. “Having supported the original development, we are pleased to bring our knowledge of the operation and global project delivery expertise to this next phase of growth. We look forward to safely delivering a reliable, capital-efficient solution for our client.”

Construction activities are expected to start in 2027.

About Fluor Corporation

Fluor Corporation (NYSE: FLR) is building a better world by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s nearly 23,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $15.5 billion in 2025 and is ranked 257 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has provided engineering, procurement, construction and maintenance services for more than a century. For more information, please visit www.fluor.com or follow Fluor on Facebook, Instagram, LinkedIn, X and YouTube.

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“Having supported the original development, we are pleased to bring our knowledge of the operation and global project delivery expertise to this next phase of growth." - Harish Jammula, President of Fluor’s Mining & Metals business