Pembroke Resources has retained Thiess for an eight-year deal as the mining services contractor for the Olive Downs coal project in Queensland.
The agreement, which has a revenue value for Thiess of A$1.5 billion over the first five years, involves full-service operations including drill and blast, overburden removal, load and haul, water management, and final landform rehabilitation. It also includes mine infrastructure construction, providing the mobile plant and equipment, and serving as statutory operator.
Thiess Executive Chairman and CEO Michael Wright said the company will be working with Pembroke in tailoring its mine development capability, technology focus and ESG credentials to optimise production outcomes at Olive Downs.
“Pembroke and Thiess share a view of Olive Downs being a world-class mine that sets global benchmarks in sustainable mining, using technology to drive exceptional outcomes,” he added of the new Bowen Basin operation.
Thiess is set to commence its work at the mine in the first half of next year, pending contract finalising.
Source: Thiess