ACS, through its subsidiary Thiess, has been awarded a contract in Australia valued at 120 million Australian dollars (73 million euros) to operate the Groote Eylandt magnesium mine, located in the Northern Territory state.

The duration of the contract with the client, a company called Gemco jointly owned by South32 and American, will be three years, extendable to two more years, as reported by Cimic, the Australian subsidiary of ACS and parent company of Thiess.

This new mining services contract marks Thiess’ return to the Northern Territory and demonstrates the alignment between Gemco and Thiess on sustainability and the involvement of local communities in their projects.

Thiess will supply, operate and maintain equipment for pre-extraction mining operations, as well as design and build supporting infrastructure, including workshops and related facilities.

“For Thiess, continued diversification into different commodities needed for the energy transition is a key part of our strategy, as manganese plays a crucial role in steel production and has the potential to replace cobalt cathodes in batteries. lithium-ion,” said Thiess President and CEO Michael Wright.