ATCO Ltd.
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ATCO Ltd.
ATCO Structures & Logistics Ltd.

ATCO Structures & Logistics Ltd.

November 28, 2011 09:00 ET

ATCO to Build 1,700-Person Camp and Office Complex in Northern Chile

Unique facility will provide accommodation and office space for Teck's Quebrada Blanca copper mine

SANTIAGO, CHILE--(Marketwire - Nov. 28, 2011) - Tecno Fast ATCO S.A. has won a contract to build a unique workforce housing camp, combining accommodation with an office complex, for Phase 2 of Teck's Quebrada Blanca operation in a remote mining region of northern Chile.

The 1,700-person multi-story, "hotel-style" camp will feature large bedrooms with private bathrooms, recreation and fitness facilities, including a gym and judo/karate room, a medical clinic, music room and internet café. The camp will also include a modern office building and on-site dining facilities.

"Our experience providing comfortable camps with multiple amenities in remote locations was a key factor in winning this project," said Harry Wilmot, President and Chief Operating Officer, ATCO Structures & Logistics. "The provision of a work camp in such an isolated environment bolsters our reputation for providing mining camps anywhere in the world."

Teck's Quebrada Blanca copper mine is located 1,500 km north of Santiago in the Andes mountain range, 4,400 metres above sea level. The remote camp has been designed to provide a comfortable environment for workers living in these isolated and rugged conditions. Phase 2 of Teck's Quebrada Blanca mine is a development project to increase production and extend the facility's life by more than 30 years. The project is expected to include the construction of a new concentrating plant, a tailings facility and new pumping and piping installations for transporting copper concentrate to the loading port.

Tecno Fast ATCO S.A. is headquartered in Santiago, Chile and is a joint-venture company between Tecno Fast S.A. and ATCO Structures & Logistics Ltd. ATCO Structures & Logistics offers modular buildings, site service solutions and industrial noise control worldwide. With manufacturing facilities in North America, South America and Australia, and operations on five continents, the company has the expertise to deliver a rapid, turnkey solution anywhere it is needed. To learn more visit www.atcosl.com.

ATCO Structures & Logistics is part of the ATCO Group of Companies. ATCO Group, with more than 8,000 employees and assets of approximately $12 billion, delivers service excellence and innovation business solutions worldwide with leading companies engaged in Utilities (pipelines, natural gas, and electricity transmission and distribution), Energy (power generation, natural gas gathering, processing, storage and liquids extraction) Structures & Logistics (manufacturing, logistics and noise abatement) and Technologies (business systems solutions). More information can be found at www.atco.com.

Teck is a diversified resource company committed to responsible mining and mineral development with major business units focused on copper, steelmaking coal, zinc and energy. Headquartered in Vancouver, Canada, its shares are listed on the Toronto Stock Exchange under the symbols TCK.A and TCK.B and the New York Stock Exchange under the symbol TCK. Further information about Teck can be found at: www.teck.com.

Forward-Looking Information:

Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as "anticipate", "plan", "estimate", "expect", "may", "will", "intend", "should", and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information. The Corporation believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents the Corporation's expectations as of the date hereof, and is subject to change after such date. The Corporation disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

Contact Information

  • ATCO Structures & Logistics
    Jason Kielau
    Senior Manager, Business Development, South America
    (403) 813-1951
    www.atcosl.com
    www.atco.com