MARKETS

TSVJ scores $186m Boggabri contract

IDEMITSU’S Boggabri Coal subsidiary has awarded the Thiess Sedgman Joint Venture a $A186 million contract to design and construct a coal handling and preparation plant.

Staff Reporter

The CHPP plant will support the company’s Boggabri mine expansion, which is slated to increase production to about 7 million tonnes per annum and keep the mine in operation until 2053.

The open-cut coal mine is 17km northeast of Boggabri in New South Wales’s Gunnedah Basin.

Sedgman CEO and managing director Nick Jukes said the contract award is a positive indication for the coal sector in Australia.

“Sedgman is pleased to be awarded the Boggabri contract through the TSJV. We hope to see further project opportunities emerge as confidence returns to the resources sector,” Juckes said in a statement Monday.

Juckes added that both Sedgman and Thiess look forward to completing the project on schedule and within budget.

Thiess managing director Bruce Munro also gave a hopeful nod to a market resurgence, saying the expansion was a big vote of confidence in the future of the coal sector by Boggabri and Idemitsu.

“This contract recognises the specialised capability of TSJV and is a tribute to the great relationship established between Thiess Sedgman and Boggabri Coal,” Munro said.

Detailed design and procurement work is underway, with the plant scheduled for completion in the second quarter of 2015.

Thiess said the contract had a direct value to its parent Leighton Holdings Limited of $124 million.

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

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

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.