Cimic Group’s global mining services provider, Thiess, has secured a new contract with client Cakrawala Langit Sejahtera (CLS) and a contract extension that continues building on Thiess’ partnership with Bayan Resources Group.
The contracts have a combined value of A$134 million (US$101 million) and will be delivered over 15-months, through a unique mining solution developed by Thiess for these adjoining pits located in Indonesia’s South Kalimantan region. Thiess will share resources across the Arutmin-owned, CLS-managed Satui and Bayan’s Wahana coal mines, and has undertaken the mine planning and engineering to develop these two mines as a single operation.
Cimic Group Chief Executive Officer Adolfo Valderas said: “Thiess’ innovative approach will ensure the best outcome for both our clients, providing greater value and further enhancing our position in Indonesia.”
Cimic’s Group Executive Mining and Mineral Processing and Thiess Managing Director Michael Wright said: “This solution enables us to maximise coal recovery and extend the reserves of our clients’ operations. This is a significant achievement for Thiess, and we are pleased to continue to build relationships based on the value we bring to clients. We look forward to working with CLS, and continuing our successful partnership with the Bayan Resources Group.”
Source: Hochtief AG