The Foxleigh mine (above) produces 3.5 million tons of PCI met coal per year.
Macmahon Holdings Ltd. has been selected as the preferred tenderer to provide equipment hire and maintenance services at the Foxleigh mine in Queensland beginning in March. The Foxleigh mine is an open cut, truck and excavator operation in the Bowen Basin that produces low volatile PCI coal for Asian steel mill customers.
The proposed scope of work for Macmahon involves the hire and maintenance of 21 large capacity haul trucks and other ancillary equipment over a 5-year term, together with the maintenance of client-owned equipment.
“We are very pleased to be selected as the preferred equipment and maintenance provider for the Foxleigh project, and we are looking forward to delivering for a new client,” Macmahon CEO and Managing Director Michael Finnegan said. “This selection highlights our expertise in sourcing and maintaining large-scale mining equipment and our ability to offer a range of service models to our clients.”
Macmahon estimates this work will generate approximately $250 million in revenue and require capital expenditure of around $50 million. The majority of this capital expenditure will be to acquire several 200-ton haul trucks.
