Thiess says it has been awarded a life-of-mine contract to provide mining, rehabilitation and port management services by PT Kapuas Tunggal Persada and PT Tempirai Inti Energi in Central Kalimantan, Indonesia.
Thiess will operate the adjacent Kapuas Tunggal Persada (KTP) and Global Bara Mandiri (GBM) mines and will deliver turnkey operations, including mine design and planning, drill and blast, overburden removal, load and haul, asset maintenance and management, haul road maintenance, water management, rehabilitation and port operations, it said.
Commencing from July 2022, with revenue of A$1.7 billion ($1.2 billion) over eight years, this contract marks Thiess’ return to Central Kalimantan.
Thiess Executive Chair & CEO, Michael Wright, said: “We’re excited to work with our new client who shares the same passion for sustainable mining practices and outcomes as we do.
“This new contract is an opportunity to continue our record of delivering excellence for our clients in Indonesia, with a clear focus on safe, responsible production and industry leading rehabilitation.”
Thiess Executive General Manager Asia, Cluny Randell, added: “This contract is recognition of our team’s ability to deliver long-term performance and productivity gains for clients.
“We look forward to working together with our client and the local communities to deliver long-term social, environmental and economic value.”
A day earlier, Thiess confirmed that its mining services contract at Peak Downs Mine in Queensland, Australia, had been extended for another five years by BHP Mitsubishi Alliance (BMA).
Located southeast of Moranbah, Peak Downs is an open-pit mine producing high-quality steelmaking coal and is one of Australia’s largest mines by recoverable coal reserves.
Under the contract, Thiess will continue to operate and maintain mining equipment to move additional overburden at the mine and support BMA’s production requirements over the next five years. Starting from July 2022, revenue to Thiess is worth over A$700 million.