Thiess says it has entered into a business cooperation agreement to deliver mine planning and engineering services to Tata Steel.
Under the agreement, the contract miner will also collaborate with Tata Steel to deliver competitive integrated business solutions to the global mining industry.
Tata Steel is one of the world’s most geographically diversified steel producers, providing fully integrated steel operations – from mining to the manufacturing and marketing of finished products.
Thiess Executive Chairman & CEO, Michael Wright, said: “With a shared focus on value creation and sustainability, this agreement is the foundation for a strong partnership and complements our efforts to diversify our services and accelerate our growth across commodities and geographies.”
Tata Steel Vice President (Raw Materials), D.B Sundara Raman, said: “We have been in the mining business for more than a century providing various exploration and mine planning services to our captive mines for sustainable mining. We are pleased to start offering our mine technical services commercially through Tata Steel Industrial Consulting to the mining industry outside Tata Steel.
“This agreement with Thiess will complement our capabilities and capacities to raise the standards of such services in India in particular and internationally in general for more scientific and sustainable mine development.”
Tata Steel will work closely with the Thiess India Engineering Hub, which provides technical support to Thiess’ global operations, including geotechnical and mine engineering, technology service delivery, business process automation and learning & development services.