December 06, 2016 12:17 PM ET

Metals and Mining

Company Overview of Thiess Pty Ltd.

Company Overview

Thiess Pty Ltd operates as a contract miner worldwide. It mines a range of commodities, such as thermal and metallurgical coal, copper, lignite, iron ore, nickel, gold, and diamonds. The company also provides mining services, such as mine planning, fixed and mobile plant operation and maintenance, and drill and blast services; and continuous mining, and in-pit crushing and conveying systems. It operates across 24 mines in 6 countries, including Australia, Indonesia, New Zealand, the Philippines, Mongolia, and Botswana. The company also undertakes a range of constriction projects, including transport infrastructure projects; structural, mechanical, electrical, and piping projects for the ener...

179 Grey Street

Level 5

South Bank, QLD 4101

Australia

Founded in 1934

10,903 Employees

Phone:

61 7 3002 9000

Key Executives for Thiess Pty Ltd.

Chief Financial Officer
Executive General Manager of Technical Services
General Counsel
General Manager of People
Compensation as of Fiscal Year 2016.

Thiess Pty Ltd. Key Developments

Thiess Announces Joint Venture with KMC Mining

Thiess announced the expansion of its operations into North America, securing new work in Canada. Thiess has established a joint venture with KMC Mining and, from October 2016, will be included on a panel to provide mining services in oil sands to a Canadian energy company. In addition to the new geography, the expansion into oil sands provides Thiess with further diversification by commodity. The agreement will generate potential revenue to the Thiess KMC joint venture of up to AUD 840 million. The scope of works over 51 months includes the supply, operation and maintenance of equipment in Canada's Athabasca region.

PT Thiess Contractors Wins Three-Year Contract Extension by PT Teguh Sinar Abadi and PT Firman Ketaun Perkasa to Continue Operations at Melak Coal Mine, in East Kalimantan, Indonesia

PT Thiess Contractors has been awarded a three-year contract extension by PT Teguh Sinar Abadi and PT Firman Ketaun Perkasa (members of the Bayan Group) to continue operations at Melak Coal Mine, in East Kalimantan, Indonesia. The contract, with revenue of AUD 180 million, continues Thiess’ mining development and operations at the site through to December 2019. The contract extension follows Thiess’ recent 14-month contract award for underground mining at BHP Billiton Nickel West’s Leinster 1A orebody. The Leinster 1A underground development and sub-level open stoping contract is focused 900 meters underground and builds on the same innovative contracting model provided for the adjacent Rocky’s Reward open-cut mine in Leinster Western Australia.

Thiess Wins $1.3 Billion Contract Extension from Jellinbah Group

Thiess has won a $1.3 billion contract extension from Jellinbah Group to continue operations at Lake Vermont Coal Mine, near Dysart in Central Queensland. The three-year extension continues Thiess' turnkey mining operations until December 2021.

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Recent Private Companies Transactions

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Target
No transactions available in the past 12 months.
 

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