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SNCAF - Codelco nixes contract with SNC-Lavalin at Chuquicamata mine
SNC-Lavalin Group Inc
Chilean state miner Codelco says it terminated its contract with SNC-Lavalin (OTCPK:SNCAF) at its Chuquicamata mine, accusing the engineering firm of failing to meet obligations written into a $260M contract that included engineering, supply and construction of sulfuric acid plants critical to the mine’s copper smelting operation.
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