Thiess noted that the contract extension will start in July next year. Credit: Giglio_di_mare from Pixabay.

Commodities trader and miner Glencore has awarded a A$340m ($238.8m) contract to CIMIC Group’s contract mining company Thiess to provide mining services at the Mount Owen coal mine in Australia.

The mine is located near Ravensworth in Hunter Valley, New South Wales, Australia.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

It processes up to 15 million tonnes per annum (Mtpa) of run-of-mine (ROM) coal, of which 7.8Mtpa is mined by Thiess from the Mt Owen North Pit.

The 18-month contract extension will extend Thiess’ services at the Mt Owen mine, where it has been providing services since 1994.

Thiess noted that the contract extension will start in July next year.

CIMIC Group CEO Juan Santamaria said: “This award reflects Thiess’ long-term commitment to provide value-add solutions for its clients.”

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Under the contract, the CIMIC company will continue to provide mine planning, design and execution, drill and blast, coal mining services and overburden removal at the Mt Owen.

Thiess managing director Douglas Thompson said: “For more than 25 years we have delivered industry-leading, specialised mining techniques at Mt Owen, leading to higher resource recovery, increased plant efficiency and reliable material movement for our client.

“Our team looks forward to continuing our long association with Glencore and the Hunter Valley community.”

In July, Thiess secured a five-year contract extension to continue providing mining services at the Lake Vermont coal mine in Queensland.

In September last year, Thiess received a contract extension valued at A$1.3bn ($893m) to provide mining services at Coronado Global Resources’ Curragh mine in Queensland.