Thiess wins US$1.2 billion six-year extension on Australian coal mine equipment
15 April 2024
Australia-based global mining services provider Thiess 鈥 a subsidiary of CIMIC Group (Australia) and Elliott Advisors (US) 鈥 have received a six-year extension valued at AUS$1.9 billion (US$1.2 billion) to continue supporting coal mining operations at Mount Arthur South Operations in the state of New South Wales, Australia.
A Thiess hauler moves mining debris. (Image: CIMIC Group)
The jv said it will operate and maintain the site鈥檚 mining equipment in support of BHP 鈥 the Melbourne, Australia, mining company, which calls itself the 鈥榳orld鈥檚 largest鈥 by market capitalisation 鈥 toward the mine鈥檚 eventual planned closure.
Thiess executive chair and CEO Michael Wright said, 鈥淭his contract extension acknowledges Thiess鈥 strong safety record and ongoing operational performance, and builds on the longstanding relationship between Thiess and BHP that started more than 30 years ago.鈥
In 2022, BHP announced plans to close the Mount Arthur coal mine in 2030.
Thiess鈥 executive for the Australia east region, Rae O鈥橞rien, said: 鈥淭hiess has played a key part in supporting the local economy and community of the Hunter Valley region, dating back 80 years, and we are proud to be given the opportunity to continue our presence in the region alongside BHP.鈥
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