AECOM awarded contract by the Government of Canada to perform remediation plan design and support services for the Faro Mine Remediation Project

Rhea-AI Summary

AECOM (NYSE: ACM) has secured a contract with Public Services and Procurement Canada for the Faro Mine Remediation Project, a significant environmental clean-up effort. This project, expected to run through March 2024, will involve the design of a remediation plan and quality assurance services, aimed at restoring traditional territories for affected First Nations. AECOM will work alongside a team of experienced partners and aims to ensure human health, safety, and environmental protection in the area.

Positive

• Secured a contract for the Faro Mine Remediation Project, indicating strong governmental collaboration.
• Team includes experienced partners, enhancing project execution and risk management.

Negative

• None.

DALLAS--(BUSINESS WIRE)-- AECOM (NYSE: ACM), the world’s trusted infrastructure consulting firm, today announced it has been awarded a contract by Public Services and Procurement Canada on behalf of Crown-Indigenous Relations and Northern Affairs Canada to perform remediation plan design and quality assurance support services for the Faro Mine Remediation Project. In this role, AECOM will work with the Government of Canada, affected First Nations, and additional consultants and partners to deliver environmental remediation services for Faro Mine, one of the most complex abandoned mine clean-up projects in Canada. AECOM’s contract will run through March 2024 with possible extensions.

“Our team has been involved in the Faro Mine remediation for over fifteen years and we’re enormously honored to expand our partnership with the Government of Canada to help deliver this critical work, protecting our environment and restoring traditional territory for the surrounding communities,” said Marc Devlin, chief executive of AECOM’s Canada region. “I’m particularly pleased this work will be performed with the support of the Ross River Dena Council, allowing us to continue to provide Indigenous opportunities and initiatives to the community. We’re excited to be a part of another pivotal project in Canada’s history.”

AECOM and its partners will provide engineering services for an overall “stabilize-in-place” remediation approach, including decommissioning, removing mine infrastructure, and managing contaminated and treated water. The project’s key objectives are to protect human health and safety; safeguard the environment, including land, air, water, fish, and wildlife; maximize local and Yukon socioeconomic benefits; manage long-term site risk in a cost-effective manner; and return the mine site to an acceptable state of use that reflects pre-mine land use, where possible.

“Once the largest open pit lead-zinc mine in the world, safely and effectively addressing Faro Mine is vital to the environmental, socioeconomic, and human health of the area,” said Frank Sweet, chief executive of AECOM’s global Environment business. “As we continue to advance our Sustainable Legacies strategy, we’re proud to demonstrate our commitment to Northern Canada through our work on essential environmental remediation projects such as this. We’re thrilled to bring together a world class team with global resources, previous site experience, and unmatched technical expertise to hit the ground running on this crucial work.”

AECOM has assembled a team comprised of Tetra Tech, Okane, SRK, and Hemmera to support the project. Each organization has extensive experience at Faro Mine, bringing a collective capability, consistency, and continuity to the project to help mitigate risks and maximize solutions.

About AECOM
AECOM (NYSE: ACM), is the world’s trusted infrastructure consulting firm, delivering professional services throughout the project lifecycle – from planning, design and engineering to program and construction management. On projects spanning transportation, buildings, water, new energy and the environment, our public- and private-sector clients trust us to solve their most complex challenges. Our teams are driven by a common purpose to deliver a better world through our unrivaled technical expertise and innovation, a culture of equity, diversity and inclusion, and a commitment to environmental, social and governance priorities. AECOM is a Fortune 500 firm and its Professional Services business had revenue of $13.3 billion in fiscal year 2021. See how we are delivering sustainable legacies for generations to come at aecom.com and @AECOM.

Forward-Looking Statements
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View source version on businesswire.com: https://www.businesswire.com/news/home/20220603005055/en/

Media:

Brendan Ranson-Walsh

Senior Vice President, Global Communications

1.213.996.2367



Investor:

Will Gabrielski

Senior Vice President, Finance, Treasurer

1.213.593.8208

Source: AECOM

FAQ

What is the Faro Mine Remediation Project awarded to AECOM?

The Faro Mine Remediation Project involves environmental cleanup services contracted by Public Services and Procurement Canada, aimed at restoring the Faro Mine site.

How long will AECOM's contract for the Faro Mine Remediation Project last?

AECOM's contract for the Faro Mine Remediation Project will run through March 2024, with potential extensions.

What are the objectives of the Faro Mine Remediation Project?

The project's objectives include protecting human health and safety, safeguarding the environment, managing long-term site risk, and restoring the mine site to pre-mine land use where possible.

Who is AECOM collaborating with for the Faro Mine Remediation Project?

AECOM is collaborating with Tetra Tech, Okane, SRK, and Hemmera, all of which have extensive experience with the Faro Mine.