Fluor Bauxite Project in Guinea Achieves First Ore

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Milestone achieved safely, on budget and on schedule

IRVING, Texas-Wednesday 21 November 2018 [ AETOS Wire ]

(BUSINESS WIRE) — Fluor Corporation (NYSE: FLR) announced today that Compagnie des Bauxites de Guinée (CBG) has achieved first ore at its Bauxite Production Expansion Project in Kamsar, Guinea safely, on budget and on schedule. Fluor is providing engineering, procurement and construction management services on the project.

“From developing the local craft workforce to strengthening the economy, this project will have a lasting positive impact on the Kamsar community,” said Tony Morgan, president of Fluor’s Mining & Metals business. “Achieving this milestone safely, on budget and on schedule is a testament to the dedication and perseverance of the joint CBG and Fluor team.”

The project is expanding bauxite production at the mine from 13.5 to 18.5 million tons per year. Fluor is responsible for the expansion of the mine infrastructure, rail system, port facility and processing plant infrastructure and utilities.

There were more than 1,500 craft workers on site at peak construction. The project team focused on hiring a local workforce, which resulted in Guinean workers representing nearly 75 percent of the workforce at site. To align the workforce on safe work practices and create a safe work culture at the site, Fluor developed a specialized safety program. The project has worked more than 4 million hours without a lost-time incident.

CBG is jointly owned by the Government of Guinea and the Halco Mining consortium, which includes Alcoa, Rio Tinto and Dadco Investments.

About Fluor Corporation

Founded in 1912, Fluor Corporation (NYSE: FLR) is a global engineering, procurement, fabrication, construction and maintenance company that transforms the world by building prosperity and empowering progress. Fluor serves its clients by designing, building and maintaining safe, well executed, capital-efficient projects around the world. With headquarters in Irving, Texas, Fluor ranks 153 on the Fortune 500 list with revenue of $19.5 billion in 2017 and has more than 56,000 employees worldwide. For more information, please visit www.fluor.com or follow Fluor on Facebook, Twitter, LinkedIn and YouTube.

View source version on businesswire.com: https://www.businesswire.com/news/home/20181119005421/en/


Contacts
Brian Mershon/Brett Turner
Media Relations
+1.469.398.7621/+1.864.281.6976

Jason Landkamer
Investor Relations
+1.469.398.7222

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