Mineral Processing Solutions (MPS), an OPS Group company, will expand its distribution of Astec’s fixed plant and equipment to include aggregate and mining sectors in New South Wales.
Under the terms of the new agreement, MPS will supply fixed plant crushing and screening equipment to the NSW aggregate and quarry industry.
The move is an extension of a 2021 agreement between both two companies that saw MPS take on distribution of Astec Material Solutions’ products in Western Australia, the Northern Territory and South Australia, as well as the mining sector in Australia’s eastern states.
Astec regional managing director David Smale welcomed the move.
“Astec and MPS have forged a strong partnership over the years – one that has been of real benefit to our customers,” Smale said.
“The MPS team’s extensive local market knowledge and experience in mineral processing – supported by Astec’s innovative technologies and manufacturing capability – has made MPS the perfect partner to deliver outstanding products and service.”
MPS also distributes Astec Telestack mobile bulk materials handling equipment and Astec Breaker Technology International products throughout Australia, demonstrating the company’s strong presence on the east coast.
Local sales and service teams are in place, and new local support facilities in the NSW Hunter region have been stocked with the latest Astec crushing and screening equipment.
“MPS taking our fixed plant into the aggregate industry in NSW is the first step in what we expect to be a continuing expansion, with the company moving into the Queensland and Victorian markets over the next few years,” Smale said.
“For our existing quarrying customers, little will change. Through MPS, they will still have access to the complete range of Astec’s industry-leading crushing and screening equipment, plus the extensive knowledge and experience of the MPS sales and service teams.
“I’m delighted to be making this announcement, and (I) look forward to working alongside MPS as they continue to support our customers in building the infrastructure of Australia.”
The Greenbushes lithium mine in WA. Image: Talison Lithium.
An upsizing of the Greenbushes lithium mine’s revolving syndicated loan facility (SLF) has been approved by Windfield Holdings.
Greenbushes is known as the world’s largest hard-rock lithium mine and is located approximately 250km south of Perth in Western Australia. It recorded a profit of about $6.3 billion in 2023.
IGO and Tianqi Lithium currently share a 49 per cent stake in Greenbushes, with Albemarle owning the remaining balance. Talison Lithium, the operator of the site, is a joint venture between the three parties.
According to IGO, the mine has received strong interest from a group of leading commercial banks.
As a result, the Greenbushes SLF has increased from $US1 billion ($1.5 billion) to $US1.55 billion ($2.33 billion) with a five-year term.
The SLF upsizing will fund Greenbushes’ capital commitments, specifically the construction of a third chemical grade plant 3 and a fourth tailings storage facility.
“Given Greenbushes’ enviable position on the lithium cost curve and the significant capital investment program underway to expand production and improve productivity, IGO is supportive of Talison’s capital management initiatives and the increase to the debt facilities available to the team,” IGO managing director and chief executive officer Ivan Vella said.
“The strong appetite from leading commercial banks to support this exciting phase of Greenbushes’ transformation is indicative of the quality of the project and the strong and sustainable cash flows it will generate through the cycle.”
During the March 2024 quarter, Greenbushes saw decreased production and sales due to the management of production and inventory levels in response to the lower offtake requirements by shareholders.
Despite the lower spodumene sales and prices, IGO said Greenbushes is expected to operate at full production for the rest of 2024.
The Port of Esperance in Western Australia will welcome a new iron ore exporter in a deal to boost iron ore trade by up to 1.5 million tonnes a year.
The new agreement will see Gold Valley Iron Ore be granted access to critical iron ore infrastructure at the port, including rail receival facilities, conveyors, shed space and the ship loader.
Gold Valley Iron Ore is expected to export its first shipment from the port in September this year.
“Opening up Port of Esperance infrastructure to a second exporter will see iron ore trade capacity maximised, resulting in a positive boost to the Western Australian economy,” WA Ports Minister David Michael said.
“I am pleased to see the use of the rail system for this trade, which would otherwise be trucked by road to the Port of Geraldton.
“Unlocking this groundbreaking new opportunity at the Port of Esperance is backed by continued investment in our regional ports by the WA Government.”
Gold Valley Iron Ore is the second customer to be able to access the iron ore circuit through the port, and the first from the Wiluna area.
“The Port of Esperance is a vital cog in the regional economy, so this is a huge win for the local community and the wider Goldfields-Esperance region,” Agricultural Region member of the legislative council Shelley Payne said.
“Iron ore has been a vital trade commodity through Esperance port for 30 years and it is great to see that a second iron exporter has been secured.”
Weir’s new world class, state-of-the-art facility in Port Hedland. Image: Weir
Global mining technology leader Weir has officially opened its new Port Hedland service centre in Western Australia.
The new facility bolsters Weir’s national network of 16 service centres and will aim to support customers and their operations across the Pilbara region.
The centre is equipped to service Weir’s broader range of products and technologies, provide engineering and maintenance support as well as critical parts storage for faster service times for customers.
Opening ceremony on World Environment Day. Image: Weir Minerals
“The new centre at Port Hedland will support our key customers in the region, providing Weir’s best-in-class service and expertise,” Weir Minerals regional managing director Kristen Walsh said at the facility’s opening.
“The Australian $28 million facility demonstrates our commitment to sustainable mining and with further investment planned, we will continue to support our ambitious growth plans in the Pilbara region of Western Australia.”
This will include Fortescue and Thiess’ Iron Bridge project, which incorporates Weir transformational flow sheets – the world’s first dry comminution circuit without tumbling mills.
Port Hedland serves as a critical hub for the mining and resources industry in Australia, driving economic growth and success for the important iron ore region.
The new service centre will work to deliver innovative engineering solutions and expertise, enhancing operational efficiencies and advancing sustainable progress across the Pilbara’s dynamic mining landscape.
With best-in-class technology and support, the centre features facilities forEnduron high-pressure grinding rolls servicing, including tyre roller assembly and Linatex rubber lining services, helping customers to extend the life of their assets.
Weir employees celebrate the opening. Image: Weir
The next stage of development, set for 2025, will see an expansion of the team and specialisation in the repair and overhaul of various Weir processing equipment including Warman pumps, Cavex hydrocyclones and Isogate valves as well as Enduron crushers and screens.
Building on trust, collaboration and integrity, Weir said it is committed to delivering innovative solutions and working together with its customers to make mining more sustainable.
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The International Mining and Resources Conference (IMARC) will return to Sydney from October 29–31, with a packed conference program ready to wow attendees.
The main feature of IMARC 2024 will be the exploration of how industry leaders, innovators and policymakers can help the mining sector expedite its journey to net-zero.
IMARC 2024 will look at strategies for accelerating critical minerals extraction for low-emission technologies while also ensuring the value chain reduces its carbon footprint.
The conference will also emphasis responsible mining practices to adhere to environmental, social and governance (ESG) standards.
“IMARC 2024 is about creating a roadmap for the mining industry to meet its net-zero commitments,” IMARC event director – content and partnerships Sherene Asnasyous said.
“The program will highlight how the sector can fast-track the extraction of vital minerals and integrate innovative technologies to decarbonise operations. Our goal is to provide actionable insights and strategies that industry leaders can implement to drive meaningful change.”
Attendees can look forward to hearing talks from organisations such as Newmont, Alcoa, the Minerals Council of Australia, and more.
“IMARC 2024 will serve as a pivotal platform for the global mining community to collaborate and share best practices,” Beacon Events chief operating officer Anita Richards said.
“By bringing together stakeholders from key mining jurisdictions such as Canada, Chile, Peru, and Mongolia, as well as countries involved in downstream and midstream processes like the UK, Germany, Sweden, Japan, Korea, and the US, we can collectively advance the industry’s net-zero agenda.”
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The PNG Expo will take place in Port Moresby this year. Image: andriano_cz/stock.adobe.com
From new mines to critical minerals, the Papua New Guinea resources sector is thriving with potential.
The 2024 PNG Industrial and Mining Resources Exhibition and Conference (PNG Expo) will be the premier event for industry professionals to discuss the latest developments in the Pacific nation.
Quarry takes a look at the top talking points.
Critical minerals
With its vast reserves of copper, cobalt, nickel and mineral sands, PNG is well-placed to help provide the critical minerals necessary for the world’s transition to net-zero.
Mayur Resources has been working to get its lime and mineral sands project up and running to help strengthen supply.
The company’s Central Lime Project is located along Papua New Guinea the coast near Port Moresby and was recently bolstered by a $9.4 million funding commitment.
“This capital injection is a vote of confidence in our ability to deliver high-value, sustainable projects,” Mayur managing director Paul Mulder said.
“It enables us to continue progressing the early development works at our Central Lime Project, setting a solid foundation for the commencement of construction.”
Mayur is aiming for the Central Lime Project to become Asia-Pacific’s first carbon-neutral cement and lime producer.
It’s this sort of innovative planning that will be on show at the PNG Expo in Port Moresby from July 3–4.
“PNG Expo will be the platform to engage and drive transformative changes towards a sustainable future,” show director Lauren Chartres said.
“Our mission is to equip the industry with the right tools.”
The conference will showcase experts from across the mining and resources sector. Image: stock.adobe.com/Adam Constanza
Education and training
The name Ok Tedi Mining (OTML) often goes hand-in-hand with education, training and apprenticeship opportunities in Papua New Guinea.
The first three months of 2024 have seen OTML deliver over $121,000 in scholarships to university students, welcome 22 new apprentices, and pledge to donate vehicles and an analytical chemistry laboratory facility at PNG University of Technology.
The scholarshipshave seen 10 third-year university students supported with full tuition and boarding for the year, as well as a book allowance and stipend, travel assistance, industrial training and an automatic offer into the two-year graduate development program upon completion of studies.
“The program aims to assist university undergraduate students with school fees and other associated costs while ensuring OTML maintains an industry-institution relationship with respective universities that provide graduates into its training programs and workforce,” OTML said.
Elsewhere in the resources sector, Kumul Petroleum’s training entity Kumul Petroleum Academy is building a new facility to expand its coaching and employment capabilities.
“We are passionate about investing in programs and projects that will upskill and develop our young Papua New Guineans so that they are ready for the projects that are coming online now,” Kumul Petroleum managing director Wapu Sonk said.
The Kumul Petroleum Academy is expected to open within two years and will have the capacity to train 350–400 trainees.
Current projects
The restart of the Porgera gold mine has been in the news a lot recently, and for good reason.
The Porgera mine, owned by Barrick Gold, is located in the Enga Province of Papua New Guinea, about 600km north-west of the capital of Port Moresby.
The Papua New Guinea Government backed the restart throughout 2023 and the mine was able to pour first gold in February 2024, with Prime Minister James Marape on hand to witness the milestone.
“Today marks a significant moment where we are witnessing New Porgera Limited’s first gold pour and stamping of the first gold bar,” Marape said at the time.
“This first gold pour is the outcome of the [Papua New Guinea] Government, New Porgera Limited, Enga Provincial Government, and mine-affected communities working together. This is teamwork.”
Enga landowners, the Enga Provincial Government and the state will receive a combined equity share of 51 per cent from Porgera. A three per cent royalty has also been included for landowners, a step up from the previous five per cent.
In the energy sector, the PNG LNG project is ramping up, with Santos selling its five per cent stake to Kumul Petroleum.
The $US19 billion liquified natural gas project is an integrated development that includes gas production and processing facilities that extend from the Hela, Southern Highlands, Western and Gulf provinces to Port Moresby in Central Province.
As Papua New Guinea’s national oil and gas company, Kumul is already an existing partner in the PNG LNG project.
These key projects, and much more, will be among the top discussion points at the 2024 PNG Expo, the safest and strongest place to network, share ideas and learn more about what companies are doing in these spaces. •
Drilling operations at the Springdale graphite project in WA. Image: International Graphite.
International Graphite has welcomed the US’ decision to impose tariffs on a range of Chinese imports, including batteries, battery components and parts, and critical minerals.
Earlier this week, the US Government announced the tariff rate on natural graphite and permanent magnets from China will increase from zero to 25 per cent in 2026, and the tariff rate for other critical minerals will increase from zero to 25 per cent in 2024.
The tariff rate on electric vehicles (EVs) will also increase from 25 per cent to 100 per cent in 2024, meaning EVs that use Chinese graphite for battery components will not be eligible for the Inflation Reduction Act (IRA) tax incentives.
The IRA legislation encourages innovation by giving firms various demand- and supply-side incentives to invest in developing and deploying clean energy technologies, while helping the country transition to net-zero.
“Despite rapid and recent progress in US onshoring, China currently controls over 80 per cent of certain segments of the EV battery supply chain, particularly upstream nodes such as critical minerals mining, processing, and refining,” the US Government said.
“Concentration of critical minerals mining and refining capacity in China leaves our supply chains vulnerable and our national security and clean energy goals at risk. In order to improve US and global resiliency in these supply chains, (the US Government) has invested across the US battery supply chain to build a sufficient domestic industrial base.”
International Graphite said graphite from its Springdale project in Western Australia will be free of US tariffs and Springdale customers will be eligible for IRA incentives as per the free trade agreement between Australia and the US.
“The timing of US tariffs coincides with the dates we expect to bring our Springdale mine into production,” International Graphite managing director and chief executive officer Andrew Worland said. “It is also the point at which world markets are expecting graphite demand to exceed supply.
“Our plan for a vertically integrated mine to market graphite business from Western Australia, fits perfectly with the goals of the US to reduce its reliance on China and secure other sources of trusted, reliable graphite.
“We have shown that Springdale has the potential to be a multi-decade, low-cost operation that will produce high quality graphite concentrates specifically for lithium-ion batteries.”
The Springdale graphite project in located in the Ravensthorpe region of WA. Since International Graphite took ownership of the project in 2022, it has grown to become one of the top 15 graphite deposits in the world.
AGG1 co-hosts with World of Asphalt. Image: Steven Franklin
Steve Franklin, founder of Eltirus, attended the AGG1 Academy & Expo in Nashville, Tennessee. He reports what he found at a key event for the North American aggregates industry.
Co-hosted with the World of Asphalt, the AGG1 Aggregates Academy & Expo witnessed a record-breaking attendance.
More than 15,800 industry professionals participated in the three-day event, marking a significant 38 per cent increase from the previous record of 11,400 attendees in 2022.
This surge in attendance underscores the event’s growing importance and influence within the aggregates and asphalt industries.
The show not only set new records in attendance but also expanded its reach in terms of educational sessions and exhibitors, offering more than 120 educational sessions and featured over 400 exhibitors across 18,000 square meters of place with attendees from all over the world, including as far as Australia, New Zealand, the UK, and Europe to engage with the latest innovations, technology, and education in the field.
Who was there?
The exhibitor area was well represented by equipment manufacturers and equipment.
In terms of aggregate equipment suppliers, all the companies that you would expect to be there were – Caterpillar, Epiroc, Develon, HD Hyundai, John Deer, Komatsu, Liebherr, Sandvik, Volvo, and more.
On the technology side, I saw Carlson, Inform, Loadrite, Price Bee, Topcon (to name but a few).
I also ran into a range of people from companies that I know who were not exhibiting, but nevertheless there catching up with customers and prospects.
Aggregate equipment suppliers were at the event, including Liebherr. Image: Steve Franklin
Electric and autonomous equipment
I was much disappointed to see very little in terms of this type of technology. The only notable machine was a small electric wheel loader. The big news in the North American market in terms of autonomous operation is of course the Luck Stone Caterpillar trial at their Bull Run quarry, however I didn’t hear any discussion of this at the show.
Automated environmental monitoring
Monitoring of environmental performance can be a pretty time-consuming affair when done manually. I have often thought there should be an easier way of doing things and I saw just that at AGG1.
Sauls Seismic provides a fully managed service that provides, installs, and manages IoT sensors that measure ground vibration, rainfall, water flow and water level, pH, dissolved oxygen, turbidity, conductivity, weather and dust deposition.
I have never seen a company that has all the environmental sensors that a site might need, installs, and maintains them and provides access to the data in a consistent format through a public API. Is there such a service in Australia – if so, please let me know.
Inventory management
Using drones for stockpile management is a big step up from manual measurement in terms of accuracy.
However, I am sure that you will also know that the approach can result in variable outcomes at time.
All it takes is someone to start changing densities, mis-pick the material type, alter the elevation of a stockpile base or boundary for you to see big swings in tonnages. In short, it is a good approach, but not an infallible one.
Enter Stockpile Reports (SR). Famous for their app that allows you to measure a stockpile using your iPhone (and more recently using the new Apple Vision Pro VR goggles), they also offer an enterprise inventory management service. So, what do I mean by inventory management service and how is this different to the way that we are used to measuring stockpiles with say Propeller or DroneDeploy?
Stockpile Reports is the only automated, controlled, and scalable third-party solution for managing bulk materials inventory that provides third-party verification and stockpile measurement accuracy scoring. Whether the imagery is captured with planes, drones, phones, or installed cameras, their patented technology ensures precision with reports that auto-correct obstructions, provide an objective surface score, and measure confidence in toe and base calculations.
The thing that really makes it stand out is the fact that your stockpile volumes are verified, and SR stand behind the numbers.
They also provide API access to the data and sensors that can provide real time analysis of stockpile volumes using fixed cameras that help identify potential stock-outs. It is amazing technology.
More than 15,800 industry professionals participated in the three-day event. Image: Steve Franklin
Aggregate and concrete plant scheduling
I think we can all agree that keeping quarry production and sales teams can sometimes get out of sync, with less than desirable outcomes.
Plant Demand aims to help alleviate this problem by putting in place a system that helps to keep everyone on the same page by helping to improve stock level visibility and reduce potential stock-outs. Increasingly common in North America, I think it has the opportunity to help businesses in our region too.
Logistics optimisation
Whether you deliver ready-mix concrete, cement, aggregates, asphalt, or any other building materials, effective transport planning can mean the make a big difference to the bottom line. Inform, a German company provides a remarkable AI based system that claims to increase truck fleet performance up to 30 per cent by calculating an optimised delivery schedule and fleet configuration for the next day based on service levels.
I am sure that to anyone who runs a fleet of trucks, 30 per cent improvement sounds like a big number. With this in mind, I was looking to talk to people at the show who had experience of Inform and could validate the sort of improvement that they are promoting.
One former managing director of a European aggregates operation who had experience of the system confirmed that they had indeed seen improvements on the order of 25-30 per cent in fleet productivity through the use of Inform and that its approach to fleet sizing or redistribution, truck right-sizing, fleet size/mix, haulage contracts made a profound difference to how they ran their fleet.
Quoting and sales price optimisation
Price Bee was very kind in allowing us to co-show with them at AGG1. I was amazed by the interest their product generated at the show, with many, many people stopping by to see their integrated quoting and pricing system for aggregates, concrete and asphalt.
Having seen the system from its inception many years ago, it was very interesting to get a deep dive into the software and how it can help providers. Even more so was to see the progress they have made into the North American market with a number of big-name customers.
If you haven’t seen Price Bee, it provides a fast, effective way to quote aggregates, concrete and asphalt (if you are using Excel for quotes, you must see this), but it also integrates pricing optimisation into the quote to ensure that different customers are charged the right pricing tiers and works to help you maximise price across the board.
Fleet management
Last but not least, great to see a home-grown technology solution at the show – Komatsu’s Smart Quarry Site system which was well represented and created a lot of interest.
Summary
Probably the most noticeable trend at AGG1 this year was the focus on digital transformation. The vast majority of producers I spoke to have an accelerated interest in this area and were working on projects to change how they did business. •
A drilling program carried out by First Quantum Minerals at Boss Energy’s Honeymoon uranium project in South Australia has intersected copper and gold mineralisation.
The mineralisation was uncovered below the Yarramba Palaeovalley along the Honeymoon tenements.
Three holes at the Atlas target, 4km east of Honeymoon, were drilled as part of the campaign, totalling 1029.5m.
Recent assays from Atlas include:
23CURDD002: 16m at 0.27 per cent copper (Cu) and 0.1 grams per tonne (g/t) gold (Au) from 288m
23CURDD006: 47m at 0.19 per cent Cu from 404m, with several narrower zones of 5–6m containing up to 0.5 per cent Cu and 0.12g/t Au.
“The intercepts are proof of process; evidence for movement and precipitation of copper (~gold/~zinc) within the Bimba Formation in the target area,” Boss Energy said.
Two holes equalling 701.6m were also drilled at the Pandora target, located 8km south of Honeymoon.
“One hole intersected an interval of stratiform low grade zinc-bearing stratigraphy, inferred to be the upper portion of the Bimba Formation,” Boss Energy said.
“This zone potentially lies outboard of a lower copper (~gold) zone, at the currently untested base of the Bimba Formation.”
One deep hole totalling 742.3m was also drilled at the Yarramba dome target, located 15km north of Honeymoon. However, no appreciable mineralisation was intersected.
The recent drilling carried out by First Quantum Minerals follows a maiden diamond drilling program carried out by the company along the Yarramba Palaeovalley in October 2023.
Boss Energy first entered into an exploration earn-in agreement with First Quantum Minerals in February 2022. The agreement covers the base metals rights of five tenements at the Honeymoon project.
“With a proven track record in discovering and developing deposits, Boss considers First Quantum Minerals an ideal partner in the exploration and potential development of any base or precious metal discoveries at Honeymoon,” Boss Energy said of the agreement.
After the drilling program’s completion, First Quantum Minerals may choose to earn a 51 per cent interest in its agreement with Boss Energy by spending $6 million on exploration within five years, as well as maintaining minimum annual expenditure on the project of $500,000.
If First Quantum follows this path, it will enter into a joint venture (JV) agreement with Boss Energy.
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ASTEC and OPS share a decade-long partnership. Image: Astec
Astec and OPS are committed to growing each other and the mining industry.
All hands were on deck at the OPS Screening and Crushing Equipment open days on March 21–22.
Held at OPS’s Perth facility, the expo celebrated 35 years of the company supplying critical equipment to Australia’s mining and quarrying industry.
To mark the occasion, OPS welcomed industry players from across the world to take part in two days of exhibitions, presentations and displays.
Rock-to-road solutions expert Astec was a major participant at the event. The company was also celebrating its decade-long partnership with OPS.
“Both Astec and OPS have seen excellent growth through our partnership,” Astec business line manager – material solutions Adam Gordon told Australian Mining.
“A key factor in the relationship is we know we can rely on OPS to provide quality service and expert technicians ready to rise to any challenge.”
Astec was in attendance to support OPS at its two-day expo in March. Image: Astec
Gordon said OPS is a trusted distributer of Astec’s bulk material handling and fixed plant equipment to mines and quarries in Western Australia, South Australia, the Northern Territory and New South Wales.
And the company distributes Astec’s rock breaker systems, materials handling equipment and ship-loading range Australia-wide.
“Astec manufactures equipment for the entire mineral processing chain, including crushing, screening, handling and washing,” he said.
“It’s big equipment for a big industry, and it requires knowledge, expertise and an extensive range of high-quality products to get the right machines to the right sites.”
Between them, Astec and OPS teams have built hundreds of years of industry experience, including expertise drawn from the 16 respected brands under the Astec umbrella.
“While Astec and OPS are successful businesses in their own right, they’re even better working together,” Gordon said. “We each bring different strengths to the partnership – strengths that we then build on to benefit each other and our customers.
“And with our combined experience, we have the Australian mining and quarrying industries covered.”
According to Gordon, one significant advantage in working together is the companies’ ability to deliver advanced training to teams on the ground.
“We’re very hands-on with our training,” Gordon said. “In fact, we ran multiple, comprehensive training sessions on specific aspects of our equipment at the two-day expo,” Gordon said.
When it comes to ensuring technicians are capable of providing outstanding service to customers, Gordon credits Astec’s tailored approach in ensuring OPS staff members are well equipped to face any challenge.
OPS managing director Shane Czerkasow addressing the crowd at the OPS expo. Image: Astec
“We have a lot of equipment in the thousands-of-tonnes-per-hour range and it’s all very specialised,” he said. “That’s why our training is personalised in a one-on-one environment, to ensure these technicians are able to deliver next level service to our customers.”
Among Astec’s innovative equipment and technology on display at the OPS event was a virtual reality station where attendees could take a virtual tour of Astec’s ship-loading and modular plant crusher facilities.
“Being able to showcase the scale of our capabilities was a major highlight of the event,” Gordon said.
The recent expansion of Astec’s Omagh manufacturing facility in Northern Ireland is another important factor in the company’s ability to support OPS.
“This expansion has effectively doubled our manufacturing capability, meaning we can supply more equipment more often to OPS, thereby keeping our customers up to date with the latest products and critical support when they need it,” he said.
Gordon emphasised that through Astec’s commitment to continuous improvement, the company is already designing and building equipment for the future, and it’s counting on OPS to be with them on that journey.
“We are very proud to be associated with OPS,” Gordon said, “We’re similar businesses, with the same goal of providing our customers with the best possible equipment to meet their needs.
“We work very well together, and we’re looking forward to a great future of growth.”