ST. LOUIS (PRWEB) March 27, 2006
The Doe Run Company’s subsidiary, Doe Run Peru, recently completed the third phase of a public lighting project designed to answer the needs of its neighbors in La Oroya, Peru, home of the company’s metallurgical complex. Doe Run Peru began the project in 1999 in response to requests from residents claiming that the area was unsafe.
“La Oroya residents were avoiding some of the most common city streets because they lacked proper lighting, often resulting in a high amount of traffic accidents, theft and littering,” explained Clemente Quincho, mayor of La Oroya. “We’re thankful for Doe Run Peru’s generous offer to help us make our community safer. The street lighting project is just one out of many the company has completed to help make La Oroya a stronger and more viable community.”
“La Oroya is home to the majority of people who work at Doe Run Peru and well-lit streets mean safer neighborhoods for all of those who live, work and travel here,” said Dr. Juan Carlos Huyhua, general manager of Doe Run Peru. “We’re pleased that through working together with the Municipality of La Oroya – and other authorities – we’ve made La Oroya one of the best lit cities in the Central Highlands.”
Over the three stages of the project, Doe Run Peru has spent more than $340,000 illuminating 30 city blocks in La Oroya. The company supplied all of the equipment necessary to complete the project, including wooden posts, cables and 400-watt sodium vapor lamps. Doe Run Peru also paid for the installation costs and provides funding to cover electricity.
During the first phase of the project (1999-2000), Doe Run Peru constructed 102 light posts on more than 3,400 feet (0.65 miles) of primary roads in La Oroya, including parts of the Central Highway and roads connecting governmental buildings such as the police headquarters and city courts. For the second phase, completed in 2001, Doe Run Peru lit 3,600 feet (0.68 miles) of roads with 82 light posts in New La Oroya. Completing this third phase, Doe Run Peru erected 78 light posts to illuminate an additional 3,400 feet of street-way along the Central Highway and also added three additional 25-kilowatt power substations to support the new posts.
Since arriving in Peru in 1997, Doe Run Peru has continued to answer its nearby residents’ basic needs, much of which in the United States is provided by the government. In early 2005, for example, Doe Run Peru helped begin a pilot project to bring electricity to isolated communities in Peru. The project combined a hybrid of solar power and lead-acid batteries to keep rural towns like Padre Cocha lit by night and powered by day.
Doe Run Peru has implemented numerous social responsibility programs like these and others to benefit communities in which it operates. To learn more, visit http://www.doerun.com/uploadfile/peruprogressupdate-env.pdf or http://www.doerun.com/uploadfile/PeruProgressupdate-social.pdf.
Based in St. Louis, The Doe Run Company is a privately held natural resources company dedicated to environmentally responsible mineral production, metals fabrication, recycling and reclamation. The company and its subsidiaries deliver products and services needed to provide power, protection and convenience through premium products and associated metals including lead, zinc, copper, gold and silver. As the operator of one of the world’s only multi-metal facilities and the Americas’ largest integrated lead producer, Doe Run employs more than 5,000 people, with U.S. operations in Missouri, Washington and Arizona, and Peruvian operations in Cobriza and La Oroya. Committed to sustainable development, The Doe Run Company has helped bring electrical power, business training, educational opportunities and improved telecommunications to rural communities in Peru and the U.S. For more information, visit http://www.doerun.com.
“Safe Harbor” Statement under the Private Securities Litigation Reform Act of 1995: Statements in this press release that are not historical facts are “forward-looking statements.” These forward-looking statements may be significantly impacted, either positively or negatively, by various factors, including without limitation, the Company’s ability to satisfy its debt and environmental obligations, regulatory compliance with local state and federal governmental agencies, financing sources, potential and actual litigation, weather, permits, raw materials cost, competition and business conditions in the mining and recyclable industries. As a result, the forward-looking statements are subject to numerous risks and uncertainties that could cause actual results to differ materially from those expressed in or implied by the statements herein. For a discussion of such risks and uncertainties, see the risk factors set forth in the Company’s Annual Report on Form 10-K for the most recently ended fiscal year.