Thiess nabs $330M Roy Hill deal

ENGINEERNG and mine services company Thiess has been awarded a $A330 million contract to construct process plant facilities at the Roy Hill iron ore project in Western Australia.
Thiess nabs $330M Roy Hill deal Thiess nabs $330M Roy Hill deal Thiess nabs $330M Roy Hill deal Thiess nabs $330M Roy Hill deal Thiess nabs $330M Roy Hill deal

Roy Hill

Justin Niessner

The work will include the structural, mechanical, piping, electrical and instrumentation works, which are being designed and supplied by the project’s lead contractor Samsung C&T.

Work is expected to begin onsite in July and generate up to 1000 jobs for about 14 months.

Thiess managing director Bruce Munro said the contract signalled a new relationship with Samsung.

“Thiess has established an industry-leading capability in SMPEI in the coal mining and CSG-LNG sectors and we’re proud to further progress that capability with Samsung C&T in iron ore,” Munro said.

“We also have a long association with iron ore projects in the Pilbara and this contract represents a continuation with a new client.”

The contract signifies growing momentum at Hancock Prospecting’s $10 billion project 280km south of Port Hedland, where earlier this month the first official laying of rail track was reported.

The operation is expected to involve 344km of heavy-haul railway from mine to port.

Other recent milestones included first ore being mined at the site and a $200 million contract to NRW Holdings for infrastructure construction.

Shares in Thiess parent company Leighton Holdings were last trading 2.7% higher at $20.29.