Macmahon Holdings, an Australian Securities Alternate (ASX)-listed mining infrastructure companies supplier, has secured a three-year extension for its mining companies at the Byerwen coking coal mine in the Bowen Basin in Queensland, Australia.
The contract extension is anticipated to contribute roughly A$900m ($543.5m) to Macmahon’s order guide.
With the corporate’s workforce and mining fleet already at Byerwen, no further capital expenditure is required, apart from the allotted sustaining capital budgets.
The contract extension, which continues companies from October 2025, is pending the finalisation of sure phrases agreed upon in precept. The phrases are anticipated to be concluded by 30 September 2025.
The Byerwen mine is owned by Byerwen Coal, a three way partnership between QCoal Group and JFE Metal, a Japanese metal producer.
For the reason that institution of the Byerwen mine in 2017, Macmahon has been delivering open-cut mining companies, which embrace loading and hauling, in addition to crusher feed operations. The corporate employs greater than 800 people on web site.
Macmahon CEO and managing director Michael Finnegan stated: “We’re very happy to proceed because the mining contractor at Byerwen the place we’ve got labored intently with the staff for the reason that mine commenced operations in 2017. We are going to proceed to refine the phrases and circumstances over the following few months with a concentrate on mutually useful outcomes that may improve operational efficiencies on web site.
“The QCoal relationship and Byerwen venture have been key to the Macmahon enterprise stabilising during the last eight years. The groups are grateful and excited that they may have the chance to proceed to develop that relationship on web site and corporately. I wish to thank the Byerwen Coal and Macmahon groups for his or her continued dedication and help and stay up for finalising the contract.”
In March 2025, Macmahon Holdings was appointed by PT Citra Palu Minerals to supply underground mining companies for the Poboya gold venture in Sulawesi, Indonesia.
“Macmahon secures $543m contract extension at Byerwen coal mine in Australia” was initially created and printed by Mining Technology, a GlobalData owned model.
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