Mining and Heavy Industries

Stantec to acquire Engenium

Industrial machinery manufacturer Metso has made new appointments to its executive team, including a new President for its Minerals Services business area.

Stantec has signed a letter of intent to acquire Engenium, a project delivery consultancy that specialises in mining, resources, and industrial infrastructure projects.

The acquisition follows Stantec’s recent addition of Australia-based transportation planning and engineering firm GTA Consultants.

The financial terms of the transaction have not been disclosed.

Engenium was founded in 2003 and has assisted many of Australia’s influential mining, resources, and industrial infrastructure clients in the delivery of their projects, from concept through production.

Recently, the firm has helped large scale partners transition to renewable energy, develop battery minerals projects, and achieve critical sustainability goals and objectives.

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“Engenium and Stantec share a passion for applying sustainable best practices to projects,” Stantec Country Leader, Australia, José Granado said.

“It’s exciting to welcome Engenium to our team as we look to add depth and expertise to our existing mining business in Australia and beyond. Engenium’s experience in mine development, mineral processing, and renewable energy operations builds on our track record of sustainable project delivery and support of energy transition.”

Engenium has multi-year framework agreements with many of Australia’s major mining houses and is involved in both brownfield and new greenfield project developments. Additionally, the team is involved with decarbonisation and clean energy technology, having worked on studies, pilot plants, and full-scale production plants to advance critical minerals projects into an operational state to meet global demand.

The company has helped largescale mining clients implement green energy into their operations—this includes solar power, battery energy systems, steam regeneration, wind, and other renewable energy sources.

Notable projects in the Engenium’s portfolio include the Goldfields Solar Projects, Chichester Solar/Gas Hybrid Energy Project, Pilgangoora Lithium Project, Mardie Salt and Potash Project, and the FMG Eliwana Project.

Engenium Managing Director Wayne Peel said joining Stantec enhances Engenium’s ability to service larger projects, with the depth of a global firm that operates on all seven continents.

“Stantec’s values align with our commitment to sustainability leadership, and to putting people first. We are thrilled to join their global community,” Peel said.

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