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Sedgman secures Operations Contract Extension

Cimic Group’s minerals processing company, Sedgman, has been awarded an extended operations and maintenance services contract at the Mount Pleasant mine in New South Wales.

Sedgman will operate and maintain Mach Energy's Mount Pleasant Coal Handling and Preparation facility for an additional three years. The extension will generate revenue of $120 million to Sedgman, bringing total revenue from the contract to $200 million.

Cimic Group Executive Chairman and Chief Executive Officer Juan Santamaria said: “Sedgman and the Cimic Group have a strong history with Mach Energy which we’re pleased to continue. Sedgman’s leadership in minerals processing will ensure maximum resource recovery for our long-term client.”

Sedgman Managing Director Grant Fraser said: “This contract is testament to the partnership we have forged with Mach Energy, and the integration of our engineering and operations capability.”

Sedgman completed the construction of this facility and have been operating the plant since 2019.

Source: Hochtief AG

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