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Shares in Canadian construction and engineering firm SNC-Lavalin (TSX:SNC) have fallen sharply after the company issued two separate profit warnings relating to a mining contract in Chile and its business in Saudi Arabia.
The Chuquicamata acid plant in Chile
SNC said it was in a dispute with a client over a mining project in Latin America, and while the company did not name the client, it is widely believed to be Codelco where SNC obtained engineering,
Pair reach settlement over cancelled contract
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