Thiess scores $220M Caval Ridge contract

Company News


Leighton Holdings Limited (ASX:LEI) engineering subsidiary Thiess has been granted two new contracts worth about $220 million.

The contracts are issued by the BHP Billiton Limited (ASX:BHP) Mitsubishi Alliance and is for construction works on the Caval Ridge Mine Project in the Bowen Basin in central Queensland.

The news follows a $180 million contract that was awarded earlier this year, to provide earthworks at the site. 
 
Leighton Holdings posted a net profit of $106 million in the first half of the 2012 financial year.

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