Thiess and XCMG sign MoU to deliver innovative, sustainable assets & mining solutions

We are partnering with Xuzhou Construction Machinery Group Company Limited (XCMG), one of the world’s largest and fastest-growing manufacturers of mining equipment, to develop autonomous solutions, maintenance services, and products to enable electrification and decarbonisation of mining operations.

The partnership was formalised through a Memorandum of Understanding (MoU) that sets up a foundation of collaboration – combining XCMG’s expertise in mining equipment, automation and electrification with our proven operational capabilities, skilled global workforce and established network of machine and component rebuild facilities.

Under the MoU, we intend to collaborate with XCMG on various initiatives including services and product support in relation to XCMG equipment and new energy products such as heavy mobile equipment, road trains, charging infrastructure, battery swap stations and battery rebuilds.

Thiess Group Executive – Assets & Autonomy Ryan Kirkwood commented: “Building on Thiess’ 90 years of proven experience managing one of the world’s largest mixed mining fleets, we will leverage XCMG’s innovative technology and equipment to drive greater value for our clients.”

XCMG Australia Managing Director Heming He said: “XCMG and Thiess are forging a unique partnership to accelerate decarbonisation and capital optimisation for new energy solutions. This partnership will accrue benefits of XCMG’s long history of smart manufacturing and Thiess’ unparalleled knowledge of mining operations. With key initiatives identified, this relationship will flourish rapidly.”

The partnership is another milestone that supports the newly launched Thiess Asset Services business delivering client focused assets and technology solutions, providing clients with flexible options to boost productivity, lower total cost of ownership and reduce carbon footprint.