AMSJ » Resources multinational spends almost $2B on coal mine

Resources multinational spends almost $2B on coal mine

Mount Arthur mine
Mount Arthur mine

A global mineral producer made a major investment in one of its operations.

BHP recently awarded a $1.9 billion tender to Thiess Australia. The successful contractor will spend another six years operating and maintaining equipment at the Mount Arthur South coal mine.

“This contract extension acknowledges Thiess’ strong safety record and ongoing operational performance, and builds on the longstanding relationship between Thiess and BHP that started more than 30 years ago,” Thiess group eecutive chair and CEO Michael Wright said in a public statement.

Meanwhile, Rio Tinto lifted expenditure on suppliers and more than 5800 local businesses by 5 per cent to more than $16.1 billion during 2023.

More than $727M was invested in 168 Indigenous Australian businesses, representing a 29 per cent increase on the previous year.

There was also a 25.5 per cent jump in spending on all local businesses to $1.2B.

“It is about providing opportunities to help these businesses grow and, in doing so, creating new jobs and training opportunities for many Australians,” Rio Australia chief executive Kellie Parker said.

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