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Cimic lands $500m Australia mining services deal


Cimic Group, one of the world’s leading international contractors, said its mining services unit Thiess has secured a major contract from Mach Energy’s new Mount Pleasant coal mine in Australia’s Hunter Valley region in New South Wales.

The new contract will generate total revenue of approximately $500 million for the company.

As per the deal, Thiess will undertake total mining operations at Mount Pleasant until 2021, including mine planning and engineering.

Cimic chief executive Adolfo Valderas said: "This contract award is a reflection of Thiess’ ability to deliver a tailored, total mine solution to our clients, and is a valued addition to our expanding mining portfolio."

Cimic Group executive mining and mineral processing and Thiess managing director Michael Wright said: "We are proud to be developing the world-class Mt Pleasant coal operation focused on achieving successful outcomes for our clients and the community. We are very pleased to continue our long-standing presence in the Hunter Valley.”

The Mount Pleasant coal mine has an estimated 474 million tonnes of total marketable coal reserves to be mined.

A major player in the Asia Pacific region, Cimic provides construction, mining, mineral processing, engineering, concessions, and operation and maintenance services to the infrastructure, resources and property markets.

It operates in more than 20 countries throughout the Asia Pacific, the Middle East, North and South America and Sub-Saharan Africa.-TradeArabia News Service

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