Press Release Jan 25, 2018

Anglo American Selects Jacobs for Los Bronces Copper Mine in Chile

Jacobs will provide engineering services at one of the world’s largest copper mines

DALLAS--(BUSINESS WIRE)-- Jacobs Engineering Group Inc. (NYSE:JEC) has been selected by Anglo American to provide engineering services to the company’s Los Bronces copper mine, located approximately 40 miles northeast of Santiago, Chile, in the Metropolitan Region. Situated at an altitude of over 11,000 feet, Los Bronces is one of the world’s largest copper mines with a processing capacity of 150,000 tonnes per day (ktpd).

Under the terms of the three-year Master Services Agreement (MSA), Jacobs will provide engineering services and field technical assistance to support the mine’s sustaining capital program, as well as lead the evaluation and development of environmental permits. In addition, Jacobs will support the preparation of bidding rules for future scopes of work, including studies, engineering services and construction phases.

“Jacobs has extensive experience executing end-to-end solutions for copper projects,” said Jacobs Mining, Minerals and Technology Senior Vice President and General Manager Andrew Berryman. “This experience, combined with our long-standing relationship with Anglo American and our previous work on the Los Bronces mine project, positions us well to add value.”

Anglo American is a globally diversified mining company. With mining operations in Southern Africa, North and South America and Australia, the company produces diamonds (through De Beers), copper, platinum and other precious metals, iron ore, coal and nickel.

Jacobs leads the global professional services sector delivering solutions for a more connected, sustainable world. With $15 billion in combined revenue and a talent force more than 74,000 strong, Jacobs provides a full spectrum of services including scientific, technical, professional and construction- and program-management for business, industrial, commercial, government and infrastructure sectors. For more information, visit www.jacobs.com.

Statements made in this release that are not based on historical fact are forward-looking statements. We base these forward-looking statements on management’s current estimates and expectations as well as currently available competitive, financial and economic data. Forward-looking statements, however, are inherently uncertain. There are a variety of factors that could cause business results to differ materially from our forward-looking statements. For a description of some of the factors which may occur that could cause actual results to differ from our forward-looking statements please refer to our Form 10-K for the year ended September 29, 2017, and in particular the discussions contained under Items 1 - Business, 1A - Risk Factors, 3 - Legal Proceedings, and 7 - Management's Discussion and Analysis of Financial Condition and Results of Operations. We do not undertake to update any forward-looking statements made herein.

View source version on businesswire.com: http://www.businesswire.com/news/home/20180125005023/en/

Source: Jacobs Engineering Group Inc.

Jacobs Engineering Group Inc.



Kerrie Sparks, 214-583-8433