The coal produced at the Meandu mine supplies Stanwell Corporation’s Tarong and Tarong North power stations in Queensland’s South Burnett.
Thiess managing director Bruce Munro said the contract extension until December 2012 rebuilds the strong relationship between Stanwell Corporation and Thiess.
"Thiess is proud of the critical role we play in providing coal for electricity generation in Queensland and we’re delighted to continue our partnership with Stanwell Corporation" added Munro.
Currently, Meandu supplies up to 5.5 million tonnes of coal per year to Tarong and Tarong North which provide around 20% of Queensland’s electricity needs.