CIMIC Group’s global mining services provider, Thiess, has secured a contract extension at Fortescue Metals Group’s Solomon Hub in the Hamersley Ranges, Western Australia.
Generating revenue of approximately $650 million, the contract extension will involve Thiess continuing to deliver mining services at Solomon until 2020, including maintenance of mobile and ancillary plant, autonomy solutions and non-process infrastructure management.
CIMIC Chief Executive Officer Adolfo Valderas said: “This contract extension reflects Thiess’ ability to develop strong, flexible and sustainable partnerships with our clients, through value-driven solutions.”
CIMIC Group Mining and Mineral Processing Executive and Thiess Managing Director Michael Wright said: “We are thrilled to be extending mining operations at Solomon Hub, building on our track record of delivery for Fortescue Metals Group where we’ve operated since 2011.
“Our partnership approach is what will enable mining operations at first quartile cash costs, with autonomous solutions and asset management services delivering asset utilisation that is world class.
“This contract is a testament to the team’s passion and ability to transform improvement initiatives into innovative solutions that continue to drive long-term client value.”
The Solomon Hub currently produces 72 million tonnes of iron ore annually from the Firetail and Kings Valley deposits.