The move is expected to improve Calibre’s service offering in the asset management phase of the asset life cycle and extend the company’s specialist mine engineering capabilities.
The acquisition will provide Calibre with immediate access to 25 mining engineering personnel.
“The acquisition further demonstrates Calibre’s commitment to pursue strategic opportunities that add depth to the group’s service capability and increase its exposure to the support and optimise phases of Calibre’s asset service continuum,” Calibre managing director Rod Baxter said.
“In addition to diversifying [Calibre subsidiary] Xstract’s revenue base into longer-term earnings streams, we expect Echelon’s mine operations networks to open additional opportunities to further grow Calibre’s geological, technologies, mining and geotechnical divisions.”
Echelon specialises in long-term, onsite mining engineering and planning services especially for established coal mine operators.
The company’s clients include BHP Billiton, Rio Tinto Coal Australia, Peabody Energy Australia, Thiess Australia and the Isaac Plains Coal Joint Venture.
