Engineering-led construction, mining and services group Sedgman has acquired firm MinSol Engineering, marking its third acquisition in the critical minerals processing sector.
The acquisition, announced on Tuesday, completes Sedgman’s strategy to become a full service, global provider in the extraction and refining of minerals essential to the rapidly growing clean energy technologies.
MinSol Engineering’s core business specialises in engineering of hard rock lithium concentration and refining processes including metallurgical test work, flow sheet development and detailed design.
The company, which will operate as Sedgman MinSol, has experience that has been integral to the development of the global lithium industry for more than 15 years. Its expertise in hard rock lithium processing, including lithium carbonate concentration and lithium hydroxide refining, rare earths and mineral sands, complements Sedgman’s brine lithium processing capabilities acquired with Sedgman Novopro.
“With the acquisition of MinSol Engineering, Sedgman has finalised the strategic journey it embarked on two years ago to diversify its commodities and extend its global capability into hydrometallurgy, pyrometallurgy, chemicals and energy,” commented CIMIC group executive chairperson Juan Santamaria.
“The acquisitions of Sedgman Onyx, Sedgman Novopro, Sedgman Prudentia and now Sedgman MinSol, are a sign of Sedgman’s boosted capabilities and extended geographical reach, consolidating its position as a leader in minerals processing on a global scale.”
Sedgman MD Grant Fraser added, “Sedgman now covers the complete process flowsheet in the critical minerals industries from comminution and beneficiation to hydrometallurgical refining through leaching, purification and metal recovery.”