Thiess unveils Thiess Asset Services to enhance mining support

We have expanded our service portfolio with the launch of Thiess Asset Services – leveraging over 90 years of proven expertise in managing, operating and maintaining one of the world’s largest and most diverse mining fleets.

With our footprint spanning seven countries and over 50 projects, Thiess Asset Services will bring the operational know-how with a flexible, location-first mindset to deliver proven results. For clients, this means solutions that help to optimise equipment availability and efficiency, reduce downtime and increase productivity.

Thiess Group Executive Chair & CEO Michael Wright said: “We know firsthand the asset challenges our clients are facing, with pressure on reducing capital investment, increasing equipment lifecycles, a reduction in industry capability, and ongoing challenges in getting the right technical expertise. When overlayed with a broader expectation of reducing emissions and decarbonisation, the asset strategy and execution is absolutely critical to any mining company.”

“Within our own business, we’ve done the hard yards laying the foundation for safer, smarter and more sustainable asset services – while driving down the total cost of ownership. And we’re excited that we can now offer this expertise to our clients as a standalone service.”

Thiess Asset Services will provide whole-of-life asset solutions, including preventative maintenance, machine and component rebuilds, composite carbon fibre repairs and reinforcement, fleet management, equipment hire and energy transition services.

Thiess Group Executive Assets & Autonomy Ryan Kirkwood said: “We’re bringing a unique offering to market, backed by decades of expertise and strategic partnerships, that enables us to deliver innovative solutions to enhance efficiency and lower costs, drive decarbonisation, and therefore create value for our clients.

“This includes our partnership with Mechatronix, which uses a lightweight carbon-fibre reinforcement to strengthen rebuilds, helping to boost asset lifespan and reduce downtime, and our partnership with EACON to trial OEM-agnostic autonomous solutions, with a view to reducing capital expenditure barriers to autonomous haulage by providing a cost-efficient conversion of conventional fleet to full autonomy.”

Thiess’ Asset Services will provide tailored solutions to suit every client, budget and location, allowing asset owners to scale capabilities up or down as needed.

We will leverage our global network of machine and component rebuild centres to provide comprehensive machine rebuild solutions and proven alternatives to extend machine life and reliability; and it is working to bring fleet decarbonisation options to the market, including retrofittable agnostic mining technology and hybrid and dual fuel solutions.

We will officially launch Thiess Asset Services at GRX25, the Global Resources Innovation Expo, in Brisbane on 22 May 2025.