INTERNATIONAL COAL NEWS

Thiess wins $1.3B contract extension at Lake Vermont

MINING contractor Thiess, which is a subsidiary of the giant CIMIC group, has further cemented i...

Lou Caruana

The three-year extension continues Thiess’ turnkey mining operations until December 2021, CIMIC CEO Marcelino Fernández Verdes said.

“This contract extension reaffirms our strong relationship with the Jellinbah Group and recognises Thiess’ commitment to providing value to our client’s operation,” he said.

In 2007, Thiess was contracted to build the Lake Vermont Mine infrastructure, including the design and construction of the Coal Handling Preparation Plant, site office and workshop.

These were expanded by Thiess in 2012 with the increase in production of the mine.

Since 2008, Thiess has performed the turnkey mining operations, which includes mine planning, operations, maintenance, processing and loading the product on the train to market.

Jellinbah Group CEO Greg Chalmers said: “This is an important commitment for both companies.

“Thiess has proactively worked with us to ensure that the Lake Vermont mine remains competitive on a global scale, driving value through innovative technical solutions and a focus on operational outcomes.”

Thiess managing director Michael Wright said: “This extension at Lake Vermont reflects the strong performance of our operational and technical teams, and their daily commitment to working with our clients in a safe and productive manner.”

Last week, Thiess announced that its innovative through-seam blasting approach helped the CIMIC Group’s global mining contractor win a $760 million contract to operate Glencore’s Mt Owen coal mine in New South Wales and extend a 20 year relationship with the mine.

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