Thiess has successfully extended its mining services contract with BHP Mitsubishi Alliance (BMA) for the Caval Ridge coal operations located in Queensland’s Bowen Basin.
The partnership between Thiess and BMA began in December 2017, with an initial contract that was extended in November 2022. This latest extension adds another four years to the agreement, valued at $580 million. Under this contract, Thiess will continue to provide essential mining services, including the operation and maintenance of mining equipment to manage overburden, supporting BMA’s production goals.
Thiess Group executive chair and CEO Michael Wright expressed satisfaction with the extension, stating, “We are very pleased that our ongoing commitment to safe and sustainable mining has resulted in BMA awarding us a four-year extension at Caval Ridge. Both our working relationship and the increasing diversity within our workforce are driving factors for our continued success.”
Rae O’Brien, Thiess Group executive for Australia East, emphasized the company’s role in supporting the local community through employment and regional supply opportunities. “Thiess continues to support the development and long-term economic value to the local community at Caval Ridge by providing local employment and regional supply opportunities,” O’Brien said.
This contract extension follows a similar move by Dyno Nobel, which secured a long-term agreement with BMA last month. Dyno Nobel’s contract involves the supply of explosives products, technology solutions, and services to BMA’s Goonyella, Saraji, Peak Downs, and Caval Ridge mines.
Since its commencement in 2014, the Caval Ridge operation has achieved significant milestones, including an annual production of 9.36 million tonnes of coal in the 2022–23 financial year and setting a world record for an electronic blast in February 2020.