Thiess Secures CAD$205 Million Mining Contract for Stobie Project,Global mining services provider Thiess has been awarded a CAD$205 million, three-year full-service mining contract by Vale Base Metals for the Stobie Open Pit Mining Project in Greater Sudbury, Ontario, Canada. Last mined in 2017, the Stobie Property is ramping up operations in response to the growing global demand for critical minerals essential for the transition to zero emissions.
Thiess will employ the latest technology to efficiently extract minerals from lower-grade deposits. The company will work closely with the United Steelworkers Local 6500 and Local 2020, as well as local First Nations businesses, Z’gamok Construction LP (ZCLP) and Aki-eh Dibinwewziwin Limited Partnership (ADLP).
“We’re excited by this opportunity to bring our global technical expertise and engineering capability to a major Canadian mining operation for Vale,” said Thiess Executive Chair and CEO Michael Wright.
Vale aims to ensure significant Indigenous involvement in the project while honoring commitments to the USW workforce and managing resources sustainably. “We are proud to work with a client who shares our commitment to sustainable mining practices and collaboration,” Wright added.
Thiess Group Executive Americas Darrell White expressed enthusiasm about continuing the partnership with Vale and the local community. “We look forward to contributing to Canada’s nickel and copper industry, providing metals vital to North America’s transition to clean energy,” White said.
Vale’s head of Ontario operations, Gord Gilpin, highlighted the unique nature of the contract. “This is a first-of-its-kind contract for Vale, enhancing production from near-surface deposits with active participation from our key partners in the First Nations and the USW Local 6500 and 2020,” Gilpin noted.
The Stobie Open Pit Mining Project will be executed through a high-trust, collaborative model to ensure it delivers long-term social and economic benefits for local communities.
