Press release

CIMIC's Thiess awarded A$437m GBU coal mine contract

Sydney
04.09.2017

CIMIC Group’s global mining services provider, Thiess, has been awarded a new contract at Gunung Bara Utama (GBU) Coal Mine in the West Kurai region, East Kalimantan, Indonesia.

Under the contract, Thiess will deliver total mining solutions from 2017 until 2024, generating total revenue of approximately A$437 million1.

CIMIC Group Chief Executive Officer Adolfo Valderas said: “This new contract in Indonesia demonstrates how Thiess is continuing to expand mining operations by establishing valuable partnerships with our mining clients.”

CIMIC Group Executive Mining and Mineral Processing and Thiess Managing Director Douglas Thompson said: “Our mining business is in a strong position, which is reinforced by this new contract.

“We’re excited to partner with GBU to deliver on its strategic and operational objectives, leveraging our established innovative and proven mining solutions in the region.”

1Using the exchange rate of A$1=US$0.789