The following media release is issued today by Thiess; our 50 per cent owned joint venture.
Global mining services provider Thiess has been awarded a three-year contract with GEMCO, a manganese operation on Groote Eylandt, Northern Territory, owned jointly by South32 and Anglo American.
The mining services contract, valued at approximately $120 million, marks Thiess's re-entry into the Northern Territory and demonstrates the strong alignment between GEMCO and Thiess in relation to efficient and safe mining operations, sustainability, and local community engagement and employment.
Thiess Group Executive Chair and CEO Michael Wright said: “This award demonstrates Thiess’ commitment to delivering sustainable mining solutions for our clients, strongly supporting the further development of the local community.
“For Thiess, the continued diversification into different commodities needed for the energy transition is a key part of our strategy, with manganese playing a crucial role in steel production and having the potential to replace cobalt cathodes in lithium-ion batteries.”
The three-year deal, with the potential for a two-year extension, encompasses a range of services critical to GEMCO's manganese operation. Thiess will supply, operate and maintain the equipment for the pre-strip mining operations, as well as undertaking the design and construction of support infrastructure, including workshops and related facilities.
Thiess Group Executive Australia West David Greig said: “This contract win represents a significant milestone for Thiess as we re-enter the Northern Territory. “This contract award is a testament to the collaborative efforts of our Australia East and West regional teams, showcasing the strength and synergy within Thiess. It reflects our ability to leverage expertise from across our company to deliver exceptional outcomes for our clients."
This contract win follows the scope awarded to FleetCo earlier this year, which included the provision and maintenance of excavators, trucks and ancillary equipment.