Tag Archives: Minerals

SNC-Lavalin names Tony Lipiec as Global VP of Minerals & Metallurgical Processing

SNC-Lavalin, an integrated professional services and project management company, has appointed Tony Lipiec as its Global Vice President of Minerals & Metallurgical Processing.

Lipiec will lead engineering process teams on large- and small-scale mining and metallurgy process projects, covering multiple technical areas including mineral processing and hydrometallurgy for commodities in the base and precious metals industries, the Montreal-headquartered company said.

“We are very excited to welcome Tony, who will play an important role in delivering our global growth strategy,” Cesar Inostroza, Mining & Metallurgy Senior Vice-President, SNC-Lavalin, said. “From project management to innovative process development for base and precious metals, his expertise will further enhance our integrated ‘pit to port’ offering, providing efficient project operations and more value to our clients.”

Lipiec has more than 35 years of project and management experience, working in many segments of the mining and metallurgy engineering and construction business around the world, including in Africa, Russia, North and South America, SNC-Lavalin says. He also has extensive expertise in operations, engineering, research, plant construction and consulting on projects from pilot to full-scale process plants, including process development for precious, base and specialty metals using conventional and innovative technologies.

Last year, SNC-Lavalin announced the results of a strategic review of its Resources Business, with the decision to transform the business to focus solely on the profitable parts of the service business and sell or close non-primary parts of the business, including the exit of multiple geographies.

Metso Q1 financials benefit from strong mining equipment market

Metso’s March quarter results were bolstered by a rise in orders, sales and profit margin in the Minerals division, the company reported today.

Metso posted an operating profit of €100 million ($111 million) for the first three months of the year, up from €80 million a year earlier, with orders received increasing 18% year-on-year to €1.01 billion and sales growing 17% year-on-year to €836 million. Earnings before interest, tax and amortisation (EBITA) rose from €85 million, or 11.9% of sales, to €104 million, or 12.4% of sales, the company said.

The Minerals division was a big contributor in the quarter, with orders received at €823 million (up from €688 million), sales at €681 million (up from €584 million) and EBITA margin at 12.4% (11.9% previously).

The company noted the strongest growth within the division was from the equipment side, highlighting the second order booked for Albemarle’s new lithium project in Australia as a standout win.

Metso said in its announcement that market activity in both its Minerals and Flow Control segments was expected to remain at the current high level in both the equipment and services business.

Meanwhile, President and CEO Pekka Vauramo, said the group’s results were “strong”, with high growth and improved profitability.

“Our order intake was up 18% year-on-year and the growth was broad-based in both equipment and in services. Together with the healthy order growth of last year this has resulted in a solid order backlog, which we continue to deliver with better efficiency,” he said.

“The mining equipment market looks somewhat stronger compared to the other markets we serve, thanks to the mining customers’ plans to improve productivity and add capacity.”