The contract extension until March 2022 with additional revenues of A$530 million (US$400 million), builds on the existing three year contract for the mining development and operations at the Teguh Sinar Abadi and Firman Ketaun Perkasa concessions.
CIMIC Group Chief Executive Officer Adolfo Valderas said: "This extension reflects Thiess’ ability to continue to grow our mining business globally, with the team delivering sustainable, long-term solutions for our clients."
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