Tag Archives: David Macgeorge

SRG Global wins Whyalla Steelworks refractory contract

SRG Global says it has finalised a long-term contract with GFG Liberty OneSteel to provide refractory services throughout the Whyalla Steelworks site in South Australia.

The services incorporate the pellet plant, ironmaking, steelmaking and steel products assets, according to SRG Global, with the contract for an initial four-year term with options for a further two-year extension.

The engineering-led specialist construction, maintenance and mining services group said works under this contract are expected to generate revenue of around A$45 million ($31 million) over the six-year term, or some $30 million over the initial four-year term.

“The contract is clear evidence of the benefits that are being delivered through the creation of SRG Global, an engineering-led specialist construction, maintenance and mining services group operating across the entire asset life cycle,” SRG said.

Last year, Global Construction Services and SRG carried out a merger to create SRG Global.

The award of this refractory services contract at Whyalla Steelworks will complement existing works being undertaken by SRG Global’s Mining Services division, which has been operating in the region since 2012, the company added.

SRG Global Managing Director, David Macgeorge, said the contract highlighted the company’s depth of experience in complex asset services and is “further evidence of the diverse capabilities we offer as a combined entity”.

He added: “The contract award is significant in that it aligns with SRG Global’s long-term strategy of securing a greater proportion of recurring revenue contracts in the asset services sector. It is also a considerable achievement in leveraging our refractory services expertise to significantly bolster work in hand.”

SRG Global wins service contract at South32’s Worsley alumina operation

Construction, maintenance and mining service group, SRG Global says it has secured a long-term contract with South32’s Worsley Alumina subsidiary in Australia.

The ASX-listed service provider will deliver a “complete suite” of engineered access solutions for the Worsley alumina operation, including scaffold services and highly skilled rope access technicians, it said.

The contract is for an initial three-year term with extension options for a further three years, SRG said, explaining that, if Worsley Alumina exercises the extension options, the total contract duration will be six years.

Works under this contract commence in June and are expected to generate revenues of circa-A$60 million ($41 million) over the six-year term or around $32 million over the initial three-year term, according to SRG.

“The contract requires minimal capital outlay and will increase SRG Global’s workforce by circa-100 full-time positions,” SRG said.

SRG Global Managing Director, David Macgeorge, said, “The opportunity to work with a world-renowned mining company like South32 at its long-established Worsley Alumina project in South West WA is a great achievement for SRG Global. The effort our team put in during the competitive tendering process is admirable and I commend them on a fantastic result.

“This contract also represents a significant advancement in the group’s long-term strategy to deliver recurring term revenue within the asset services sector.”

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.