The following media release is issued today by Thiess; our 50 per cent owned joint venture.

Thiess has been awarded an A$240 million nickel mining contract with PT Halmahera Sukses Mineral, marking Thiess' second successful venture in the Indonesian nickel market this year and reflecting its capability to deliver world-class mining solutions for the metals industry.

During this 3.5 year contract, Thiess will deliver full mining operations including mine development, haul road construction, ore loading and hauling. The mine is situated in Central Halmahera, North Maluku, just 6km from another Thiess operation, therefore consolidating its regional footprint and operational efficiency.

Thiess Executive Chair and CEO Michael Wright said: "We are excited by this new contract award, which underscores Thiess' expertise and strong track record in the Indonesian mining industry. It reaffirms our commitment to providing safe, sustainable, and innovative solutions to our clients while contributing to the growth of Indonesia’s nickel industry, a metal critical to enabling the global energy transition."

Thiess Group Executive - Asia Cluny Randell said: "This contract win aligns with Thiess' strategy to diversify our commodities portfolio. Our focus on safety, technological advancement, and inclusion sets us apart. We are excited to continue building strong partnerships in the Indonesian nickel sector."

In line with Thiess' commitment to health and safety, comprehensive measures will be put in place to ensure the safety and well-being of the team. Further, Thiess will continue its dedication to diversity, equity, and inclusion by launching its female operator training program, aimed at fostering greater female participation in the mining workforce.

The company remains committed to operational excellence and contributing positively to the communities and environments in which it operates.