Fluor Joint Venture Awarded Engineering, Procurement and Construction Management Services Contract for BHP's Olympic Dam Smelter & Refinery Expansion Project in South Australia
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Fluor Corporation's Mining & Metals business, in a joint venture with Hatch, has been awarded an EPCM contract for BHP's Olympic Dam Smelter & Refinery Expansion Project in South Australia. The project is pending a Final Investment Decision by BHP, and Fluor will recognize its portion of the contract value in Q4 2024.
January 31, 2025 | 9:30 pm
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Fluor Corporation, in partnership with Hatch, has secured a contract for BHP's Olympic Dam expansion project. The contract's value will be recognized in Q4 2024, pending BHP's final decision.
The award of the EPCM contract to Fluor, in partnership with Hatch, is a positive development for the company, indicating potential future revenue. The recognition of the contract value in Q4 2024 suggests a future financial impact, contingent on BHP's final decision.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 90