CIMIC Group’s Thiess secures an extension to its $1.3b contract with Coronado

Company News

by Rachael Jones

CIMIC Group’s (ASX:CIM) global mining services provider, Thiess, has been awarded a six-year $1.3 billion contract extension by Coronado Global Resources to provide mining services at the Curragh Mine in Queensland.

Under the extension, Thiess will continue to provide overburden removal and haulage, mining and run of mine rehandling services, equipment maintenance and pit dewatering.

Located in the metallurgical coal-rich Bowen Basin, Thiess has a long record of service at the Curragh Mine, having operated at the project since 2004.

CIMIC Group companies Sedgman and UGL provide various operations and maintenance contracts at the Curragh Mine.

Shares in CIMIC Group’s (ASX:CIM) closed 0.81 per cent lower at $32.04 yesterday.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.