Tag Archives: Murray & Roberts

Murray & Roberts’ Cementation Americas business wins Rio and BHP contracts

Murray & Roberts’ Cementation Americas business has confirmed two new mining contracts with Rio Tinto and BHP.

Cementation USA secured the Underground Characterisation Development and Infrastructure project in Utah for Rio Tinto’s Kennecott copper operations (open pit, pictured). The value of this agreement is circa-$70 million, with the initial scope including lateral development and associated infrastructure works.

Rio, only last month, approved a $108 million investment in underground development to enable early orebody access and undertake orebody characterisation studies for underground mining at the Kennecott copper operations.

The contract award positions Cementation USA well for the potential significant scope growth on this project, Murray & Roberts said.

Cementation Canada Inc has secured the completion of Phase 1 of the Jansen potash project in the province of Saskatchewan for BHP. This scope includes the post liner excavation, steel and equipping of the shaft.

The value of the complete project award, subject to a sanction decision for the project, is around $170 million. Cementation Canada has, in the interim, received a works order to proceed with the first work package to the value of $12 million.

BHP said last month that it expected to make a decision on whether to move forward with Jansen, which is expected to produce 4.4 Mt/y of potash in its first phase, in the next two months.

Cementation Canada will apply to also deliver the following phases of the Jansen project, Murray & Roberts noted.

Murray & Roberts said: “During the past year, mining companies in the Americas have experienced prolonged COVID-19 impact, creating short-term order book pressure for engineering and contracting companies. These awards are evidence of new mining investments returning to the region.

“The forecast improvement in capital investment in the mining industry is encouraging and, considering the platform’s leading global position and growing near term project pipeline, there is good potential for accelerated growth for the group’s mining platform.”

Wood to sell Terra Nova Technologies to Cementation Americas

Wood has agreed the sale of its Terra Nova Technologies business to Cementation Americas, a business owned by Murray & Roberts Holdings.

The sale of the conveying and material handling systems solutions business is expected to bring in cash proceeds of $38 million, Wood said, with closing expected in the June quarter.

David Kemp, Wood Chief Financial Officer, said: “Terra Nova Technologies has a strong track record in delivering material handling equipment to our customers. Wood’s strategy going forward is to focus on asset-light solutions rather than the manufacture/fabrication of equipment.

“The disposal makes a good contribution to our non-core asset disposal programme which is a key element of our deleveraging plan.”

Terra Nova Technologies has complete design/supply and engineering procurement and construction capabilities. Its systems are custom engineered for the mining and mineral processing, iron, coal, aggregate, phosphate and cement industries.

Its renowned mobile stacking systems, including the patented Super Portable® systems, are used worldwide for copper, gold and uranium heap leaching operations as well as dry tailings stacking.

In a later release, Cementation Americas said TNT has earned a solid reputation for providing quality design, supply and commissioning services for crushing and screening plants, overland conveyors, heap leach systems and mobile stacking systems for waste and dry tailings.

Justin Oleson, President of Cementation Americas, said: “The purchase of TNT fits well within Cementation’s strategy to improve our ability to serve clients, both geographically and across the mining value chain. The combining of Cementation and TNT complements both our underground and surface design/build portfolios, and better positions Cementation to support our client’s total mining needs.”

Regarding the acquisition, Ron Kelly, President of TNT, said: “The combination of TNT and Cementation is an excellent fit strategically. We share several key customers, and together, we can provide these customers with enhanced value through a single source for products and services. There is also significant potential for TNT and Cementation to grow, expanding into new common markets.”

Murray & Roberts scores R4 billion of new mining projects

South Africa-based Murray & Roberts has recently been awarded R4 billion of new projects across Australasia and Mongolia.

The company’s oil and gas platform will work on a metals and minerals project in Australasia, while the same division will team up the underground mining platform to undertake the development of a copper mine in Mongolia.

Murray & Roberts said on these awards: “In the context of a constrained oil and gas market over the past four years, emphasis has been placed on complementary growth markets such as Australasia’s metals and minerals and infrastructure sectors, previously well serviced by the oil and gas platform.

“These project awards are a demonstration of the platform’s ability to secure project opportunities in complementary markets.”

Back in May, Murray & Roberts announced plans to take over South Africa’s Aveng Mining.