PRESS RELEASE

HSIC wins new contract with Minera Los Pelambres

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Wednesday, February 7, 2018

PRESS RELEASE

HSIC wins new contract with Minera Los Pelambres

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The engineering and construction subsidiary of HighService Corp will execute industrial assembly work, as established in the agreement that came into effect this month

HighService Ingeniería y Construcción (HSIC), subsidiary of the holding HighService Corp, announced it has been awarded a new contract at Minera Los Pelambres (MLP), owned by the Chilean group Antofagasta Minerals (AMSA).

The contract, called 'Bottlneck Service P&G Plant Phase 2', came into effect in February and includes industrial assembly work, mainly mechanics and structure.

The agreement includes the following works: make modifications to the material transport equipment for the Gravel Plant, modify the chutes, repower the engines, change the transmission and incorporate frequency variators in the belts that feed the crushers.

The general manager of HSIC, Israel González, valued this alliance and highlighted the trust that Los Pelambres has placed in the company. "This new contract, with one of the most important operations in the country, is a testament to the work carried out by HighService Engineering and Construction in a long-standing working relationship, and motivates us to continue improving the service we provide in mining and other industries."

Los Pelambres ranks sixth in production nationwide and is the seventh largest copper producer worldwide. The company has been in operation since the end of 1999 in the province of Choapa, Coquimbo Region, with a processing capacity of 210 thousand tons per day of ore.

About HSIC

HighService Engineering & Construction is a leading company in high productivity services such as assembly of structures, civil works, earthworks, project control, commissioning and commissioning, mechanical and electrical assembly and instrumentation and control. The company is part of the HighService Corp holding company and is made up of professional experts from various engineering disciplines, designers and senior technicians, who work as a team to deliver the best technical and least cost solution to projects in the national industry.