Intertek to acquire Base Met Labs, further strengthening its commitment to supporting the mining industry across the whole supply chain
04 Mar 2024
Intertek, a leading Total Quality Assurance provider to industries worldwide, is pleased to announce that it has agreed to acquire Base Metallurgical Laboratories Ltd. and Base Met Labs US Ltd. (“Base Met Labs”), a leading provider of metallurgical testing services for the Minerals sector based in North America.
Founded in 2014 and operating from laboratories in Kamloops, British Columbia and Tucson, Arizona, Base Met Labs’ specialist focus on metallurgy capabilities complements Intertek Minerals existing strengths in geochemistry, mine site laboratories and trade inspection, creating attractive commercial synergies within Intertek’s high-quality service portfolio. The acquisition broadens the Group’s differentiated ATIC offering in the Minerals industry, expanding its Americas footprint to access the largest and growing market for mining activity globally, across Canada, the United States and Central and South America.
With a testing focus on gold, copper and other critical metals, Base Met Labs benefits from growing demand for minerals testing underpinned by strong fundamentals, with significant growth potential in battery and energy metals that will help the world’s leading mining companies accelerate into a sustainable future.
With over 40 specialists operating from laboratories in Canada and the USA, Base Met Labs provides a comprehensive range of metallurgical capabilities including comminution testing, flotation, automated mineralogy, mineral processing, mineral analysis and mineral extraction. Base Met Labs helps clients optimise mineral processing operations and maximise resource potential.
Intertek Minerals is constantly evaluating new instrumentation and technology to continuously improve quality, safety and efficiency and deliver value for our customers. Utilising advanced technology and innovation with a strong focus on automation, Intertek provides our customers with faster, more efficient analytical options that increase production without compromising on quality. The acquisition also capitalises on the recent success of the Group’s innovative Minerals Global Centre of Excellence in Perth Australia, one of the world’s largest and most advanced minerals laboratories, strengthening our position in the industry.
André Lacroix, Chief Executive Officer of Intertek, said: “There is no doubt that, with a growing population and the rise in demand for raw materials, the requirement for leading ATIC solutions at every stage of the minerals and mining supply chain globally is increasing rapidly. The acquisition of Base Met Labs is highly complementary to our ATIC service offering, establishes a Minerals testing footprint for Intertek on the American continent and creates attractive growth opportunities with existing and new clients. We welcome the Base Met Labs team to Intertek and look forward to working together to help the world’s leading mining companies accelerate into a sustainable future, enabling us to fulfil our mission of making the world a better, safer, more sustainable place for all.”
John Fowler – Intertek’s Senior Vice President of Minerals Exploration and Production: “Intertek Minerals is committed to providing a superior service for the mining industry and we are constantly challenging ourselves on the latest innovations in automation, safety, productivity and sustainability. By adding these metallurgical services to our portfolio further strengthens our commitment to support the mining industry across the whole supply chain, whilst also expanding our geographic presence in the Americas, driving enhanced access to some of the largest markets for mining activity globally.”
For media information:
Kaeti Fallens
Global Marketing Manager Minerals
+61 422 236 113
kaeti.fallens@intertek.co
About Intertek
Intertek is a leading Total Quality Assurance provider to industries worldwide.
Our network of more than 1,000 laboratories and offices in more than 100 countries, delivers innovative and bespoke Assurance, Testing, Inspection and Certification solutions for our customers' operations and supply chains. Intertek is a purpose-led company that brings Quality, Safety and Sustainability to Life.
Our Science-based Customer Excellence USP and the 24/7 mission critical Quality Assurance solutions we provide, ensure that our clients can operate with well-functioning supply chains in each of their operations.
Our Customer Promise is: Intertek Total Quality Assurance expertise, delivered consistently, with precision, pace and passion, enabling our customers to power ahead safely.