Data Transmission, Internet, Telephony, International Connections, Collaboration Services, and Managed Security are among the services implemented
LIMA, Peru, Nov. 19 /PRNewswire-FirstCall/ -- Global Crossing (Nasdaq: GLBC), a leading global IP solutions provider, today announced that Minera Chinalco Peru, a subsidiary of the Aluminum Corporation of China (Chinalco) -- a multinational polymetallic mining company -- has acquired an extensive portfolio of technology and telecommunications solutions for the development of its copper megaproject Toromocho.
Minera Chinalco Peru is developing one of the most important copper production projects worldwide, with an estimated total investment of US $2.2 billion.
"Given the magnitude of the project, we needed a strategic alliance with a company capable of providing the necessary expertise and skills to implement a technological integration between Lima, the mining camp and Chinalco's headquarters in Beijing," said Yvan Garcia, IT manager of the mining company.
"This experience illustrates the complete service portfolio that Global Crossing can offer to multinational companies. In addition, it reaffirms our leadership as a carrier and technology provider in the mining sector," stated Dante Passalacqua, Global Crossing's Sales and Services vice-president in Peru.
Data transmission, Internet, international connections, collaboration, managed security and telephony services in Lima are among the services that Global Crossing has implemented in Minera Chinalco Peru.
"Furthermore, all the services of the mining company operate from our data center in Lima, assuring information availability and operations continuity in the company," highlighted Passalacqua.
"The acquisition of these services is key to the company's activities. Minera Chinalco Peru will now be ready for the first phase of the mine in 2009," said Yvan Garcia. "This phase entails the implementation of a communications technology ring for the Toromocho Project, providing high-speed land networks, alternative satellite contingency networks and real-time connectivity between Lima and Beijing."
ABOUT MINERA CHINALCO PERU S.A.
Aluminum Corporation of China (Chinalco) is a multinational company devoted to polymetallic mining. It is the second largest producer of alumina; and the third largest producer of primary aluminum worldwide. At the same time Chinalco is the largest mining company of China and a holding oriented to investment management, under the direct administration of the Chinese government, with assets for US $27 billion. In addition to Peru, the company is actively operating in Australia, Indonesia, Saudi Arabia, Vietnam, Guinea and Myanmar (formerly Burma).
ABOUT THE TOROMOCHO PROJECT
The Toromocho Project is located in the district of Morococha, department of Junin, in Peru. It is placed at 4,700 and 4,900 meters above sea level. This mineral deposit holds reserves for over 2 billion tons of copper, and its operations will continue for approximately 36 years.
Chinalco, headquartered in Beijing, will invest around US $2.2 billion in the construction of the Toromocho mine, beginning by mid 2009, including a mineral concentrate facility. It will become one of the largest red metal mines worldwide as from 2012, time when the mine operations and exploitation will begin.
ABOUT GLOBAL CROSSING
Global Crossing (Nasdaq: GLBC) is a leading global IP solutions provider with the world's first integrated global IP-based network. The company offers a full range of secure data, voice, and video products to approximately 40 percent of the Fortune 500, as well as to 700 carriers, mobile operators and ISPs. It delivers services to more than 690 cities in more than 60 countries and six continents around the globe.
In Latin America, Global Crossing´s business has operations in Argentina, Brazil, Chile, Colombia, Ecuador, Panama, Peru, Mexico, Venezuela, the United States (Florida) and the Caribbean region. In addition to its IP-based, fiber-optic network, Global Crossing's regional infrastructure includes 15 metropolitan networks and 15 world-class data centers located in the main business centers of Latin America.
Please visit www.globalcrossing.com or blogs.globalcrossing.com/ for more information about Global Crossing.
Statements in this press release about expected future events and financial results are forward-looking and subject to risks and uncertainties that could cause the actual results to differ materially, including risks referenced from time to time in the company's filings with the Securities and Exchange Commission. Global Crossing undertakes no duty to update information contained in this press release or in other public disclosures at any time.
CONTACT GLOBAL CROSSING:
Press Contacts
Thomas Topalian
+ 1 973 937 0154
Thomas.Topalian@GlobalCrossing.com
Paula Vivo
Latin America
+ 55 11 3957 2424
paula.vivo@globalcrossing.com
Analysts/Investors Contact
Antonio Suarez
+ 1 800 836 0342
Antonio.Suarez@Globalcrossing.com
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