HARSCO INFRASTRUCTURE GROUP ADVANCES IN GLOBAL MINING SECTOR WITH NEW ORDER IN CHILE
June 25, 2012
CAMP HILL, PA (June 25, 2012) . . . Global industrial services and engineered products company Harsco Corporation (NYSE: HSC) announced today it has been awarded the lead role in supplying rental scaffolding and formwork systems to a major expansion project at one of Chile’s largest copper mines, the Minera Doña Inés de Collahuasi SCM mine in northern Chile. Terms of the order were not disclosed.
The award marks a significant step in Harsco’s extension of multi-discipline services into the international mining sector, where the Company’s unique combination of experience and equipment serving the global metals and construction industries has direct cross-over applicability.
The Collahuasi mine is a major producer of copper concentrate, accounting for nearly ten percent of the copper produced in Chile. Its expansion project is designed to increase concentrator throughput to some 160,000 metric tons per day, representing an additional 20,000 metric tons of copper per year. The expansion is expected to be commissioned in the first half of 2013. Harsco’s engineered forming systems will be used during the pouring of nearly 10,000m3 (13,000 cubic yards) of cast-in-place concrete for walls, floors and other structures, while its scaffolding will be used to provide efficient work-at-height access for construction crews throughout the project.
“Opportunities in adjacent markets, such as mining, are a critical component of our future growth strategy,” said Mark E. Kimmel, president of the global Harsco Infrastructure group. “This award highlights our ability to cross over into new market sectors and further underscores the substantial breadth and scalability of the Harsco business portfolio.”
Harsco Corporation is a diversified industrial company that is helping build the world by providing essential services and products to fundamental global industries, including steel and metals production, construction, railways and energy. Harsco’s common stock is a component of the S&P MidCap 400 Index and the Russell 1000 Index. Additional information can be found at www.harsco.com.
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