# Steppe Gold awards $148.4M EPC contract to Hexagon for ATO gold mine expansion

Steppe Gold signed a turnkey EPC contract with Hexagon Build Engineering for the Phase 2 expansion of the ATO Gold Mine in Mongolia, valued at approximately $148.4 million, with first concentrate production expected in early 2026.

- Type: Contract
- Announced: 2024-01-10
- Where: ATO Gold Mine, Mongolia, Mongolia
- Value: $148.4M
- Jobs: 300
- Status: announced
- Products: gold mine expansion services
- Sectors: [Mining Equipment](https://endata.com/sectors/mining-equipment.md)

## Companies

- [Steppe Gold](https://endata.com/companies/74886.md) (customer)
- [Hexagon Build Engineering](https://endata.com/companies/74887.md) (supplier)

## Sources

- [mining-technology.com](https://www.mining-technology.com/news/steppe-gold-selects-hexagon/), 2024-01-10: "We are fully aligned with our partners at the TDB Group and we are very excited to partner with Hexagon, a leading Mongolian construction group."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.