Macmahon Holdings Limited has received a Notice of Award for a three-year extension at the Byerwen coking coal mine in Queensland’s Bowen Basin.
Macmahon has been providing open-pit mining services, including load and haul, and crusher feed, at Byerwen since the establishment of the mine in 2017 and provides employment to over 800 people on site. Back in March 2023, it secured a 20-month extension of its work at the mine.
The mine is owned by Byerwen Coal Pty Ltd, a joint venture between QCoal Group and Japanese steel manufacturer, JFE Steel.
The contract extension is a continuation of services from October 2025 and is subject to final documentation of certain in-principle agreed terms which are intended to be finalised prior to September 30, 2025. It is expected to add approximately A$900 million ($557 million) to Macmahon’s secured orderbook.
As Macmahon already has its people and mining fleet deployed and operating at Byerwen, no new capital expenditure is required beyond the sustaining capital budgets, the company says.
Managing Director and CEO, Michael Finnegan, said: “We are very pleased to continue as the mining contractor at Byerwen where we have worked closely with the team since the mine commenced operations in 2017. We will continue to refine the terms and conditions over the next few months with a focus on mutually beneficial outcomes that will enhance operational efficiencies on site.
“The QCoal relationship and Byerwen project have been key to the Macmahon business stabilising over the last eight years. The teams are grateful and excited that they will have the opportunity to continue to develop that relationship on site and corporately. I would like to
thank the Byerwen Coal and Macmahon teams for their continued dedication and support and look forward to finalising the contract.”
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