METS

Epiroc acquires Perth company

Acquisition will support mine electrification

Staff reporter
Epiroc acquires Perth company

Formed in 2005, JTMEC is an electrification infrastructure solutions provider for both underground and surface mines.

The company's offerings include high voltage installation and maintenance work, transformer servicing and testing, engineering design, feasibility studies, and training.

It also manufactures electrical products including substations and mine chargers.

Epiroc was already one of its clients.

Other previous or current blue-chip clients include BHP, Newcrest Mining, Glencore, Fortescue Metals Group and Kirkland Lake Gold.

JTMEC has 190 employees and had revenues of about A$33.8 million in the 2021 financial year.

"Battery electrification represents the future in the mining industry, and the strong team at JTMEC is playing an important role in enabling this vital transformation," Epiroc president and CEO Helena Hedblom said.

"This acquisition will further strengthen our ability to support mining customers on their electrification journey toward less emissions, improved work conditions, and higher productivity. JTMEC is also a strong complement to Meglab, which we acquired in 2021."

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining News Intelligence team.

editions

Mining Company ESG Index: Benchmarking the Future of Sustainable Mining

The Mining Company ESG Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

editions

Mining Journal Intelligence Global Leadership Report 2024: Net Zero

Gain insights into decarbonisation trends and strategies from interviews with 20+ top mining executives and experts plus an industrywide survey.

editions

Mining Journal Intelligence Project Pipeline Handbook 2024

View our 50 top mining projects, handpicked using a unique, objective selection process from a database of 450+ global assets.

editions

MiningNews.net Research Report 2024

Access a multi-pronged tool to identify critical risks and opportunities in Australia’s mining industry.