Leighton Holdings Ltd
(ASX:LEI) has announced that its wholly owned subsidiary Theiss Pty Ltd has been awarded a $1.3 billion mining contract.
The six-year contract is to extend mining operations at Peabody Energy Australia’s Burton Coal Mine in Queensland.
Thiess has operated the mine for the past 14 years and mined close to 50 million tonnes of hard coking coal and thermal coal for overseas exports.
Thiess Mining CEO Bruce Munro says the extension will employ more than 500 people and mobilise a fleet of 797 Caterpillar trucks.
Earlier this week Thiess secured a $136 million coal seam gas infrastructure contract in Queensland.
Leighton Holdings reported a net profit of $615 million for the year ended 30 June 2010.
