Tag Archives: David Macgeorge

SRG Global builds out contract book with BHP, Rio Tinto maintenance work

SRG Global says it has secured maintenance contracts in Queensland and an Aboriginal JV contract in Western Australia for clients including BHP and a subsidiary of Rio Tinto.

The contracts, valued at circa-A$65 million ($43 million), bring the company’s new contract wins since the start of the 2023 financial year (which ends on June 30) to A$1.2 billion.

The Queensland maintenance term contracts include contracts with Rio Tinto to provide engineered access services at Yarwun in Gladstone. This contract will start immediately and is expected to continue for a period of five years, including two one-year options to extend.

The Bugarrba Aboriginal JV term contract with BHP is to provide shut down engineered access services in the Pilbara of Western Australia. The contract will start immediately and is expected to continue for a period of five years, including three one-year options to extend.

David Macgeorge, Managing Director, commented: “These contract wins showcase our specialist skillset as a trusted partner to deliver maintenance services for our clients critical infrastructure in the marine, alumina, steel and iron ore sectors.”

SRG Global’s Bugarrba Aboriginal JV to carry out scaffold service work at Iron Bridge

SRG Global Ltd says its Aboriginal Joint Venture, Bugarrba, has been awarded a five-year term contract with Iron Bridge Operations in the Pilbara of Western Australia.

The five-year term contract with Iron Bridge, an unincorporated joint venture between Fortescue Metals Group (Fortescue) subsidiary FMG Iron Bridge and Formosa Steel IB, is a master agreement for maintenance and shutdown services to provide engineered scaffold services across
its new magnetite project in Western Australia.

The contract, valued at circa-A$40 million ($26 million) is expected to commence early in 2023.

Bugarrba is a joint venture with members of the Njamal People and SRG Global. The traditional land of the Njamal people covers 42,000 sq.km within the Pilbara, with its name meaning ‘Country’ in the Njamal language. Bugarrba’s vision is to provide meaningful and sustainable employment opportunities to its people and Aboriginal people more broadly.

Terry Wilson, Bugarrba Board Member, said: “Bugarrba are excited to secure another important contract for the Njamal people and are looking forward to working with Iron Bridge Operations located on the traditional lands of the Njamal people.”

David Macgeorge, SRG Global Managing Director, added: “SRG is tremendously proud of our Bugarrba joint venture, seeing its continued success and contribution to Aboriginal people, and working with Iron Bridge Operations, on what is such an innovative project for Western Australia.”

The Iron Bridge project is set to deliver 22 Mt/y of high-grade magnetite concentrate product, with first production scheduled for the upcoming March quarter.

SRG Global continues engagement with Kalgoorlie Super Pit after signing pact with Northern Star

SRG Global Ltd’s 25-year history with the Kalgoorlie Super Pit in Western Australia is set to continue after it signed a new five-year term contract with the mine’s current owner, Northern Star Resources.

The agreement is one of two new contracts – the other with Meridian Energy – the ASX-listed company has secured, which are valued at circa-A$90 million ($63 million).

The scope of works of the Northern Star contract includes the provision of geotechnical ground support, rock fall protection systems, depressurisation drilling and rope access services at the Kalgoorlie Consolidated Gold Mines gold operations. The contract will commence immediately and is expected to complete in 2027.

David Macgeorge, Managing Director, said: “The Northern Star contract continues SRG Global’s over 25-year history at the Kalgoorlie Super Pit and provides a platform to further strengthen our relationship with Northern Star through the provision of geotechnical services.”

SRG Global banks contract extensions with South32 at Worsley and BCI at Mardie

SRG Global Ltd says it has secured significant new contract awards with existing Tier 1 clients, including South32 and BCI Minerals, valued at circa-A$80 million ($55 million).

The South32 term contract is an extension to the existing contract and has a duration of two years for works at the Worsley Alumina bauxite and alumina refinery operations in Western Australia. The scope of works is to provide civil services for the continuous enhancement of BRDA embankments as well as other civil and road maintenance services. The contract will commence immediately and is expected to complete in 2024.

The BCI Minerals contract will see SRG Global continue to provide earthworks and civil services for the construction of evaporation pond embankment walls as well as other civil infrastructure for gas pipeline corridors and drainage at the Mardie salt and potash project in Western Australia. The contract extension applies to existing works that will start immediately and will be complete in 2022.

David Macgeorge, Managing Director, said: “The South32 contract builds on our six-year relationship at the Worsley Alumina site and is evidence of our ability to add value for key clients through our diverse capability.”

Back in October 2020, SRG Global secured a long-term circa-A$100 million contract with Worsley Alumina to provide specialist refractory services, including gunning and casting and installation of refractory products and anchors.

At Worsley Alumina, South32 mines bauxite (pictured) and transports it on an overland conveyor belt to a refinery where the bauxite is turned into white alumina powder. The alumina is then exported to smelters around the world.

He added: “The contract extension at the globally significant Mardie salt and potash project demonstrates our ability to provide value-engineered services to our clients from project inception, and the capability to deliver critical infrastructure for the burgeoning salt and potash sector.”

SRG Global captures SIMEC Mining contract in South Australia

SRG Global Ltd says it has been awarded a mining services contract valued at around A$150 million ($108 million) with OneSteel Manufacturing Pty Ltd that will see it carry out work at SIMEC Mining’s iron ore operations in South Australia.

The scope of the contract includes the provision of specialist drill and blast services across multiple mine locations at SIMEC Mining’s operations. The five-year contract will commence immediately.

David Macgeorge, SRG Managing Director, said: “This term contract is a significant achievement for our Mining Services business. It demonstrates the strength of our drill and blast capability and adds another high-quality client in the desirable iron ore sector. We look forward to building a strong working partnership with SIMEC Mining.”

Fortescue employs SRG Global for maintenance and shutdown services

SRG Global has been awarded a five-year term contract from Fortescue Metals Group to initially provide rope access and electrical maintenance requirements across the company’s mine, rail and port locations throughout Western Australia.

The A$150 million ($117 million) term contract, which has already commenced, is a Master Agreement for Maintenance and Shutdown Services, the company said.

Locations for SRG’s work include the Christmas Creek (pictured), Cloudbreak, Firetail, Kings Valley and Eliwana mine sites, along with its supporting rail and port infrastructure.

SRG Global Managing Director, David Macgeorge, said: “We are delighted to be selected as a key partner to FMG and to provide critical maintenance and shutdown services across their Pilbara operations for the next five years. This is another significant step forward in our strategy to build a portfolio of annuity earnings, with quality clients, to deliver long-term sustainable growth.”

SRG Global to help Red 5 blast off at Great Western gold mine

SRG Global has been awarded a term contract with Pit N Portal Mining Services to provide specialist production drill and blast services and explosives supply at Red 5 Ltd’s Great Western gold mine in Western Australia.

The term contract is expected to start immediately for an initial 12-month term.

Pit N Portal, a division of Emeco, was awarded the contract mining gig at Great Western back in October.

A satellite deposit located around 55 km from Red 5’s Darlot gold mine and processing facility, Great Western comes with a measured, indicated and inferred resource of 870,000 t grading 2.5 g/t Au for 70,300 oz of contained gold. The maiden proven and probable reserve totalled 437,500 t at 2.5g/t Au for 35,424 oz of contained gold.

Based on a proposed mining rate of between 30,000-40,000 t/mth of ore, the open pit is expected to be completed over a period of around 13 months, with plans to then access the underground orebody via a portal at the base of the pit, Red 5 said at the time.

In addition to the work on Great Western, SRG Global was also awarded a new three-year contract (with option for a further two years) with GFG Liberty OneSteel to provide engineered access solutions at the Liberty Steelworks site in Whyalla, South Australia.

David Macgeorge, Managing Director of SRG Global, said: “We are very pleased to have secured these two term contracts, adding to our recurring annuity earnings.

“The Pit N Portal contract was specifically targeted as it builds upon our mining services portfolio of high-quality growth commodities whilst diversifying SRG Global’s customer base.”

SRG Global bolsters South32 relationship with more Worsley Alumina work

SRG Global says it has secured a long-term circa-A$100 million ($72 million) contract with South32’s Worsley Alumina operations to provide specialist refractory services, including gunning and casting and installation of refractory products and anchors.

Works under the contract will commence in October 2020 with a duration of eight years.

South32 has also extended SRG Global’s existing engineered access services contract for a further two years, pocketing the ASX-listed engineering firm another circa-A$25 million. This will see SRG Global continue to provide access services at South32’s Worsley Alumina operations until mid-2027, it said.

David Macgeorge, Managing Director of SRG Global, said: “These contracts are a terrific achievement for SRG Global and we are excited to be expanding our partnership with South32 to continue to deliver long-term value for their Worsley operations.”

As part of the Worsley Alumina operations, bauxite is mined near the town of Boddington, 130 km southeast of Perth, Western Australia. It is then transported on the largest overland conveyor belt in the southern hemisphere, for more than 50 km, to a refinery near the town of Collie, where bauxite is turned into alumina.

SRG Global wins drill and blast contract from Saracen Mineral Holdings

SRG Global says it has been awarded a five-year, circa A$70 million ($43 million) contract from Saracen Mineral Holdings to carry out specialist drill and blast services, explosives management and grade control drilling at the Thunderbox and Carosue Dam gold operations in Western Australia.

Saracen has recently become a much bigger entity thanks to the acquisition of 50% of the Kalgoorlie ‘Super Pit’, where SRG Global has provided specialist geotechnical services for over 20 years.

It is also in the process of expanding the mineral processing plant at the Carosue Dam gold operations, which will see throughput increase to 3.2 Mt/y by the installation of secondary grinding equipment.

David Macgeorge, Managing Director, said: “We are extremely pleased to have secured this new, five-year term contract with Saracen who are a major player in the gold sector. We are excited to partner with Saracen to deliver innovative solutions to drive both safety and operational performance. This contract further diversifies SRG Global’s customer base and adds significantly to our long-term work in hand.”

SRG Global seals Alcoa Kwinana alumina refinery contract

SRG Global, having been awarded preferred tenderer status for a A$90 million ($61 million) asset services contract with Alcoa in December, has confirmed the contract has now been executed.

The services will be provided at Alcoa’s Kwinana alumina refinery in Western Australia with a contract duration of five years. In December, the company said it would provide heavy mechanical and electrical maintenance as well as access solutions including highly skilled rope access technicians and scaffold services.

Site mobilisation is well advanced with contract services to commence in February 2020, according to the company.

SRG Global Managing Director, David Macgeorge, said: “This a very significant contract award for SRG Global in our Asset Services division and showcases our ability to deliver multi-disciplinary integrated solutions for tier one customers.

“We look forward to building a long-term partnership with Alcoa to deliver value-engineered maintenance and access services that drives value for their operations.”