CIMIC Group’s global mining services provider Thiess has recently secured A$134 million worth of contracts to provide mining solutions to coal operations in Indonesia. Thiess has a new contract with Cakrawala Langit Sejahtera (CLS) and a contract extension that continues to build its partnership with Bayan Resources Group.
The contracts will be delivered over 15-months, through a unique mining solution developed by Thiess for these adjoining pits in the South Kalimantan region.
Thiess will share resources across the Arutmin-owned, CLS-managed Satui and Bayan’s Wahana coal mines, and has undertaken the mine planning and engineering to develop these two mines as a single operation.
CIMIC Group chief executive officer Adolfo Valderas said, “Thiess’ innovative approach will ensure the best outcome for both our clients, providing greater value and further enhancing our position in Indonesia.”
CIMIC’s Group executive Mining and Mineral Processing and Thiess managing director Michael Wright said, “This solution enables us to maximise coal recovery and extend the reserves of our clients’ operations.
“This is a significant achievement for Thiess, and we are pleased to continue to build relationships based on the value we bring to clients. We look forward to working with CLS, and continuing our successful partnership with the Bayan Resources Group,” he said.
These contracts follow a contract extension awarded to Thiess last November for Bayan’s Melak operations in East and Central Kalimantan. The extension until March 2022 involves additional revenues of A$530 million and builds on an existing three-year contract for the mining development and operations at the Teguh Sinar Abadi and Firman Ketaun Perkasa concessions.
Michael Wright said, “We are proud of our ability to continue to demonstrate value to our partnership with the Bayan Group, building on our long history of success at Melak where we’ve been operating since 2008.”