CIMIC Group’s global mining contractor, Thiess, has been awarded a four-year contract extension by Energy Resources LLC at the Ukhaa Khudag (UHG) coal mine, delivering up to $1 billion of revenue during the next seven years.
Located in southern Mongolia, the contract extension complements the current eight year agreement signed in 2008 and results in Thiess continuing mine operations and maintenance delivery until 2022.
CIMIC Executive Chairman and Chief Executive Officer Marcelino Fernández Verdes said: “This contract reinforces the positive working relationship between CIMIC’s global mining contractor Thiess and Energy Resources LLC over many years.
“It demonstrates Thiess’ ability to deliver world class mining solutions to our clients across our global platform, irrespective of location.”
Thiess Managing Director Michael Wright said: “The extension at UHG coal mine is testament to Thiess’ strong performance at the mine since it started in 2008.
“We are delighted to extend our partnership with Energy Resources LLC and to continue our focus on delivering cost efficiencies and innovation at the UHG mine. It is the quality of our people, and their commitment to safety and operational efficiencies that drives value for our client Energy Resources.”
Thiess is responsible for mining services at the UHG coal mine, including fleet operation and maintenance for overburden stripping, coal mining and blast drilling under an alliance structure, with involvement also in mine planning and health, safety and environmental management.
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