Thiess secures $240m Satui extension
The successful implementation of an innovative mining plan by Thiess at the Satui coal mine in South Kalimantan, has resulted in a $240 million contract extension.
At the Arutmin owned, CLS-managed project, Thiess will continue to provide mining services at the project’s Hanoman West pit. This includes overburden removal, coal mining, and port operation support services over three years.
CIMIC Group Chief Executive Officer Michael Wright said: “Thiess’ ability to offer our clients smart solutions helps them to unlock added value. The team has delivered significant productivity and cost efficiencies at Satui, through innovative mine planning and engineering and we will continue this drive in the future.”
CIMIC Group Mining and Minerals Executive and Thiess Managing Director, Douglas Thompson said: “I’m looking forward to extending our working relationship with Arutmin and CLS. We will continue to work together to develop the most efficient mine planning solutions.”
The contract involves mining approximately 7 million tonnes of coal and 83 million bank cubic metres (bcm) of overburden.