FLR Fluor Corporation

Fluor Achieves Construction Delivery Scope for BHP South Flank’s First Ore in Western Australia

(NYSE: FLR) Mining & Metals business announced today that its construction delivery scope has been achieved on budget and on schedule for BHP’s $3.6 billion South Flank iron ore project contributing to the delivery of first ore.

This press release features multimedia. View the full release here:

Fluor's South Flank project achieved first ore on time and within budget. (Photo: Business Wire)

Fluor's South Flank project achieved first ore on time and within budget. (Photo: Business Wire)

The project is the largest iron ore processing facility ever built in Western Australia and one of the largest iron ore processing hubs in the world.

“It is always very gratifying and rewarding to see a project of this magnitude completed on time and on budget,” said Tony Morgan, president of Fluor’s Mining and Metals business. “We are proud of what we’ve been able to accomplish with BHP from the pre-construction feasibility study to improving the project’s capital efficiency, optimizing costs and schedules, and hiring indigenous and local team members. All of this was accomplished while navigating through the COVID-19 pandemic. We look forward to continuing our long and successful relationship with BHP.”

“We would like to thank the entire Fluor team from the design engineers to the fabrication and construction teams,” said Quinton Brand, BHP’s head of Western Australia major projects. “Fluor made an important contribution to the delivery of South Flank’s first ore.”

Fluor provided engineering, procurement and construction management support on the project, which includes an 80-million-ton-per-year crushing and screening plant, state-of-the-art overland conveyor systems and rail-loading facilities.

Construction began in July 2018.

About Fluor Corporation

(NYSE: FLR) is building a better future by applying world-class expertise to solve its clients’ greatest challenges. Fluor’s 44,000 employees provide professional and technical solutions that deliver safe, well-executed, capital-efficient projects to clients around the world. Fluor had revenue of $14.2 billion in 2020 and is ranked 181 among the Fortune 500 companies. With headquarters in Irving, Texas, Fluor has been providing engineering, procurement and construction services for more than 100 years. For more information, please visit or follow Fluor on , , and .

#m&m

EN
25/05/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Fluor Corporation

Moody's Ratings announces completion of a periodic review of ratings o...

Moody's Ratings (Moody's) has completed a periodic review of the ratings of Fluor Corporation and other ratings that are associated with this issuer. The review was conducted through a rating committee held on 18 August 2025 in which we reassessed the appropriateness of the ratings in the context o...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke
ACM AECOM
EME EMCOR GROUP ... (+19)

Vermilion Compass: Weekly Equity Strategy

More Breakouts and Risk-On Developments We remain near-term bullish since our 4/22/25 Compass, and our intermediate-term outlook remains bullish as well (as of our 5/14/25 Compass). We will maintain our bullish intermediate-term outlook as long as market dynamics remain healthy and the SPX is above 5700-5785, though we believe there is a low probability that this level gets tested any time soon. Short-term supports on the SPX include the 20-day MA (currently 6233), 6200, 6100-6150, and 6028-605...

Fluor Corp: 2 directors

Two Directors at Fluor Corp sold after exercising options/sold 41,588 shares at between 52.115USD and 52.132USD. The significance rating of the trade was 68/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the comp...

MarketLine Department
  • MarketLine Department

HOCHTIEF Aktiengesellschaft - Mergers & Acquisitions (M&A), Partnershi...

Summary Marketline's HOCHTIEF Aktiengesellschaft Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by HOCHTIEF Aktiengesellschaft - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Allia...

 PRESS RELEASE

Fluor-Led JV Supports Successful Completion and Startup of Major Proje...

IRVING, Texas--(BUSINESS WIRE)-- (NYSE: FLR) is pleased to announce that it successfully led a joint venture that supported the completion and startup of Tengizchevroil’s (TCO) Future Growth Project (FGP) at the Tengiz oil field in Kazakhstan. The Fluor-led joint venture, including partners Worley, Kazakh Institute of Oil and Gas, and KazGiproNefteTrans Engineering Company, has provided a suite of engineering, procurement, construction, operations and maintenance services for TCO since 2011. This press release features multimedia. View the full release here: An aerial view of the Third-Genera...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch