The minerals processing industry in Africa is due for a shake-up following news of the acquisition of heavyweight minerals processing equipment manufacturer, McNally Sayaji Equipment Ltd, by global mill liner and wear parts manufacturer, Tega Group, to offer a more comprehensive and cost-effective solution for the continent’s beneficiation plants.
Rebranded Tega McNally Minerals Limited (TML), the group will manufacture equipment for industries such as iron ore, coal, steel, zinc, copper, limestone, rare earth and other minerals as well as aggregates.
Shot-in-the-arm
According to Tega Industries Africa CEO, Vishal Gautam, the injection of high-quality equipment at reasonable prices, supported by Tega Industries’ unmatched technical expertise is a shot-in-the-arm for local mines who will enjoy a wider range of solutions for the continent’s challenging conditions.
“The McNally acquisition is huge for us. We have been a critical spares supplier to mines and materials handling operations for nearly 50 years and will now be able to supply the full solution from the actual grinding mills or screens etc to the screening media, liners and consumables as required by our clients. This will obviously expand our existing customers’ choices and allow them to do business with the people who have been supplying them with critical parts for years.
Watch this space!
“The equipment available will include various minerals processing equipment and will obviously increase our revenue many fold in Africa. When seen in conjunction with our better than 20% organic growth that we have achieved over the past few years, it becomes clear to see that this combining of forces will be a great success. We are already approaching international project houses as well and working with the big players here in Africa, so watch this space,” Vishal enthuses.
He adds that the acquisition is in line with the company’s vision to provide holistic solutions to the industry while reinforcing its leadership position on African soil. With one of its six manufacturing plants in Brakpan, South Africa, the company has roots in the country dating back to 2006 with customers in Zambia, DRC, Tanzania, Botswana, Mozambique, Ghana, Mali, Burkina Faso and all provinces of South Africa. It remains bullish about the future of African mining.
