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Stantech Awarded US$16 Million Feasibility Study for Resolution Copper in Canadian Business Journal

Edmonton, Alberta, New York, September 20, 2022 (GLOBE NEWSWIRE) — TSX, New York Stock Exchange: STN

Stantech, a global leader in sustainable design and engineering, has been selected by Resolution Copper Mining LLC (Resolution Copper) for a US$16 million feasibility to provide engineering and technical services to the Resolution Copper mine in Superior, Arizona We conducted a survey. The proposed underground mine could become one of North America’s largest copper producers, supplying up to 25% of U.S. copper demand each year. Copper from mines is used in products critical to the energy transition, such as electric vehicles, batteries, solar panels and wind turbines.

Resolution Copper is a limited liability company owned by Rio Tinto (55%) and BHP (45%). Stantech has been the lead underground mining and infrastructure consultant for the project since early 2019. Stantech will assist Resolution Copper by providing mine engineering and execution planning services.

“Resolution Copper is mining the critical resources needed for the energy transition,” said Mario Finis, executive vice president of Stantec’s Energy & Resources business. “We are proud to support our clients in this important endeavor with our strong commitment to sustainable mining throughout the project lifecycle.”

Stantech’s engineering services on this project include power distribution, material handling, shaft and hoist systems, dewatering/pumping, and communications. In addition, Stantec is evaluating the use of battery electric vehicles to help coal mines reach their zero carbon emissions goals.

Stantec’s Mining, Minerals, and Metals team helps clients achieve net-zero mining through our holistic service offering, Sustainable Mining by Design™. clean energy source. Mining must be the starting point for discussions about our energy future. For more information on Stantec’s mining, minerals and metals team, click here.

About Stantech

Community is fundamental. Whether around the corner or around the world, they provide a foundation, a sense of place and a sense of belonging.That’s why at Stantech we always Designed with community in mind.

We care about the communities we serve. Because the community is our community too. This allows us to assess what we need, connect our expertise, understand the nuances, imagine what has never been considered, bring together diverse perspectives, and work together for shared success. can.

We are designers, engineers, scientists and project managers, innovating together at the intersection of community, creativity and client relationships. Balancing these priorities results in projects that improve the quality of life in communities around the world.

Stantech is traded on the TSX and NYSE under the symbol STN. Visit stantec.com or find us on social media.

Cautionary Note Regarding Forward-Looking Statements
This news release contains forward-looking statements regarding the projects described above. Forward-looking statements also include other statements that do not refer to historical facts. By their nature, forward-looking statements are based on assumptions and are subject to inherent risks and uncertainties. The above projects may be delayed, canceled, suspended or terminated. This could cause future results to differ materially from the forward-looking statements made in this news release. Stantec undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law. Forward-looking statements are provided for the purpose of providing information regarding the projects described above and their expected impact.Readers are cautioned that such information may not be suitable for other purposes.

Designed with the community in mind

CBJ Newsmaker

Stantech Awarded US$16 Million Feasibility Study for Resolution Copper in Canadian Business Journal

Source link Stantech Awarded US$16 Million Feasibility Study for Resolution Copper in Canadian Business Journal

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