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Australia : Thiess Sedgman Jv Wins $186m Chpp Contract
Publish Date : 18-Sep-2013
The Thiess Sedgman Joint Venture (TSJV) has been awarded a $186 million contract to design and construct a Coal Handling and Preparation Plant (CHPP) for Boggabri Coal Pty Ltd. The CHPP will support the expansion of Boggabri Coal's mining operation located in the Gunnedah Basin in New South Wales. Boggabri Coal is expanding the annual production to 6.9Mt. Thiess Managing Director Bruce Munro said the expansion is a big vote of confidence in the future of the coal sector by Boggabri Coal and its parent company Idemitsu Australia Resources.
"This contract recognises the specialised capability of TSJV and is a tribute to the great relationship established between Thiess Sedgman and Boggabri Coal."The project further cements our position as the leading provider of ore and coal handling and processing facilities," Mr Munro said.
The contract has a direct value to Leighton Holdings Limited of $124 million through its wholly-owned subsidiary Thiess and its 33 per cent stake in Sedgman.
Leighton Holdings' Chief Executive Hamish Tyrwhitt said the contract award illustrates the enormous depth and breadth of the Group's capability in resources.
"The Group is a leading provider of construction and contract mining services to the resources market, both in Australia and in the region. Sustained global demand for resources – primarily out of Asia – will continue to underpin a good range of opportunities for the Group for the foreseeable future."
Detailed design and procurement work is underway with the plant scheduled for completion in the second quarter of 2015.
The Boggabri open cut coal mine is located 17 kilometres north east of Boggabri in north-west NSW.
