LEI Leighton Fpo

An Australian unit of Hochtief AG (HOT.XE) has been awarded a contract to expand a coal mine in Queensland's Bowen Basin, the German construction company said Wednesday.

MAIN FACTS:

-Jellinbah Resources has awarded Thiess a 550 million Australian dollars ($516 million) contract to expand the Lake Vermont Coal Mine, near Dysart in Central Queensland's Bowen Basin.

-Thiess will work to increase production from 6 million tons to 8 million tons of coal per annum.

-Thiess is a unit of Leighton Holdings Ldt. (LEI.XE), which Hochtief holds a majority stake in.

-Write to the Frankfurt Bureau at djnews.frankfurt@dowjones.com

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