Glencore bolsters Thiess contract at Mt Owen by $140m

Coal operation at the Mt Owen mine in New South Wales.

Coal operation at the Mt Owen mine in New South Wales. Image: Glencore.

Glencore has delivered a $140 million increase to Thiess’ coal mining services contract at the Mt Owen mine in the Hunter Valley of New South Wales.

The mine is Thiess’ largest coal mining operation in the state. Under the variation, the CIMIC mining services business will mine additional volumes following a new development consent secured by Glencore.

Thiess will continue to provide mine planning, design and execution, drill and blast, overburden removal and coal mining services until June 2021 under the amended contract.

Richard Douglas, Thiess managing director, said the contractor’s history at Mt Owen dated back to 1994 when it first built the mine.

“Today we continue to provide world-class services focused on safe and productive mining,” Douglas said.

Michael Wright, CIMIC chief executive, said the extension reinforced Thiess’ long-term commitment to delivering value-add solutions to Glencore at Mt Owen.

He added the award “further reinforces Thiess’ strong presence in the Hunter Valley where we provide mining services at three mines.”

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