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Cimic company to expand Queensland mine for $1.5bn

Posted on June 27, 2025




Picture courtesy of Cimic/Thiess

Australian miner Thiess, which is 60% owned by Cimic, has received a three-year, US$1.5bn (A$2.3bn) contract extension to increase Jellinbah Group’s Lake Vermont coal mine close to Dysart in Queensland’s Bowen Basin. 

Thiess will proceed to offer web site engineering, gear administration, rehabilitation works and prepare load-out. It would additionally function the Jellinbah Group’s dealing with and preparation plant.

Thiess’ current contract was because of expire in 2026 and as an alternative will probably be prolonged to June 2028.

The corporate initially received a contract for the development of the mine infrastructure in 2007.

Michael Wright, Thiess’ chief govt, stated: “For almost 20 years, Thiess has labored with the Jellinbah Group to soundly improve and increase Lake Vermont Mine’s operations – driving effectivity, productiveness and value effectiveness by means of commodity cycles.”

Rae O’Brien, Thiess’ chief govt in east Australia, stated: “We’ve grown to be a part of the native Dysart group, with a robust give attention to native employment, native procurement and ongoing partnerships with native faculties and organisations such because the BMA CQ Rescue helicopter service and the Hear & Say Basis.”

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