$2.5b Lake Vermont contract awarded to Thiess

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A massive $2.5 billion contract extension has been won by Thiess for works on the Lake Vermont coal project in Queensland. The contract was awarded to a joint venture between Jellinbah Group and Thiess.

The contract extension guarantees another five years for Thiess' full service mining operations which include coal mining, topsoil and overburden removal, mine planning and drilling and blasting. 

Thiess will also be responsible for rehabilitation of final landforms and water management at the Lake Vermont mine site. 

Autonomous drilling and semi-autonomous dozers are on the cards for Thiess too, as the CIMIC Group company is the statutory operator of the project. All equipment and mobile plant will be provided by Thiess. 

Thiess first established mine infrastructure at Lake Vermont in 2007 and began mining operations in the following year. The company was awarded a contract to extend mining operations in 2012 and double production from 4.6 to 10.7 million tonnes of product coal per year. 

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CIMIC Group chief executive Juan Santamaria said for more than 13 years, Thiess had worked alongside Jellinbah Group to safely position the mine’s operations for optimal cost performance, efficiency and productivity.

CIMIC Group mining and mineral processing, and managing director Douglas Thompson added: “We’ve developed a strong working relationship with Jellinbah Group since commencing work at Lake Vermont in 2007.

“We’re excited to bring fresh thinking and new solutions to support the mine’s continued, sustainable evolution over the next five years.”

The contract extension will commence starting 2022.

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