Thiess has secured a contract expansion and extension at the Bayan Resources Group’s Melak Coal Mine in East Kalimantan, Indonesia.
The contract extension until March 2022 with additional revenues of A$530 million (US$400 million), builds on the existing three year contract for the mining development and operations at the Teguh Sinar Abadi and Firman Ketaun Perkasa concessions.
CIMIC Group Chief Executive Officer Adolfo Valderas said: “This extension reflects Thiess’ ability to continue to grow our mining business globally, with the team delivering sustainable, long-term solutions for our clients.”
Thiess Managing Director Michael Wright said: “We are proud of our ability to continue to demonstrate value to our partnership with the Bayan Group, building on our long history of success at Melak where we’ve been operating since 2008.
“This is an exciting time for Thiess in Indonesia, with a renewed focus on delivering value-added mining solutions tailored to our clients. In addition to Melak, our team is currently working on expanding our mining operations in East and Central Kalimantan.”