Austral Resources have announced Thiess as its selection for a preferred mining services contractor for the Anthill copper project near Mount Isa.
Anthill owners Austral notified Thiess of their intention to enter exclusive negotiations to finalise the terms of a three-year mining services contract.
Under the scope of works, Thiess will operate and maintain two mining fleets, undertaking mining services to support Austral Resources' copper production requirements.
Thiess CEO and Executive Chairman Michael Wright said his company had a long history operating in the Mount Isa region dating back to the early 1960s.
"We're very pleased to be back. With our selection as preferred contractor, Austral Resources has recognised our team's specialist mining capability and our flexible approach to meet the needs of their mine," Mr Wright said.
"This project is very important to Thiess as we continue to diversify our business across commodities, mining regions and services. We are positioned well to support Austral Resources and the local community, with the right equipment, technical capability, and operations team."
The Anthill Project is located 80 km northwest of Mount Isa and will extend copper production from the existing Lady Annie Operations. It is located 45km from the Mt Kelly processing facility.
Once owned by Hong Kong-listed company CST when it was deep in debt, explorer Dan Jauncey bought the business in 2019 and renamed it, telling the Australian Financial Review he wanted the Queensland-based business to be owned and operated by Queenslanders.
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