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Cimic Group Ltd (ASX: CIM) awarded $225m BHP Billiton Limited (ASX: BHP) contract

Thiess, the global mining services provider owned by Cimic Group Ltd (ASX: CIM) has been awarded a A$225 million contract with BHP Nickel West to provide mining services at the Rocky’s Reward nickel mine in Western Australia.

Nickel West is owned by BHP Billiton Limited (ASX: BHP) and operates the Mt Keith, Cliffs and Leinster mines, the Kalgoorlie smelter, the Kambalda concentrator and the Kwinana refinery.

According to the ASX announcement released by Cimic Group, the contract is for 34 months and the services to be provided as part of the contract include, “mine planning and engineering, drilling and blasting, mining of overburden and ore and rehandling services to the Leinster processing facility”.

The BHP contract win follows a $540 million contract secured by another one of Cimic Group’s subsidiaries, Leighton Asia in Singapore.

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Motley Fool contributor Kevin Gandiya has no position in any of the stocks mentioned.

You can find Kevin on Twitter @KevinGandiya.

The Motley Fool Australia has no position in any of the stocks mentioned. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.

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