MARKETS

Thiess clinches $180M Indonesian coal contract

GLOBAL mining contractor Thiess has been awarded a three-year contract extension by PT Sinarabadi...

Lou Caruana
Thiess clinches $180M Indonesian coal contract

Thiess managing director Michael Wright said: “The Melak contract extension is a testament to our performance at the mine since 2008. We are pleased to extend our partnership with the Bayan Group and continue our focus on delivering innovative and sustainable mining solutions for our client.”

The contract, with revenue of $180 million, continues Thiess’ mining development and operations at the site through to December 2019, parent company CIMIC CEO Marcelino Fernandez Verdes said.

“Thiess’ global platform enables it to deliver safe, efficient and productive outcomes for clients across a variety of geographical locations,” he said.

The contract extension follows Thiess being awarded a contract in January with revenue of approximately $115 million to continue operating the southern pits of the Dawson Coal Mine in Central Queensland, from 1 January 2016.

Under that contract, Thiess will provide mining services including the removal of overburden and coal mining.

The new agreement with mine owner Anglo American builds on a long standing involvement at the mine, Verdes said.

“The contract recognises Thiess’ ability to continue to deliver sustainable mining solutions and meet client commitments,” he said.

TOPICS:

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production