Contract miner Thiess has scored a A$2.3 billion (US$1.5 billion) contract extension at Jellinbah Group’s Lake Vermont coal mine in Queensland’s Bowen Basin.
The extension to mid-2028 will take Thiess’ association with the central Queensland coking and PCI coal mine past 20 years.
Lake Vermont has been in production since 2009. Thiess secured its first mining contract at the then greenfield site in 2007 after building mine infrastructure. It will continue to provide comprehensive mining, fixed and mobile equipment management and coal preparation plant and training loading services at Lake Vermont, where it is the statutory operator.
Thiess Australia East group executive Rae O’Brien said the contractor had supported Jellinbah Group’s business goals through strategic mine planning and resource optimisation at Lake Vermont and by introducing innovations such as autonomous drilling and semi-autonomous dozing technology.
Thiess CEO Michael Wright said: “This further extension is a testament to the strong and trusted partnership built over many years and reflects Thiess’ track record in the safe, efficient delivery of sustainable mining solutions.”