MANAGEMENT

Maas move rocks Isaac

DUBBO-based construction engineering company Maas Group has moved to shore up quarry material supplies in Central Queensland by acquiring four hard rock quarries and two sand quarries in the Isaac Region, for $12.75 million.

 Clermont quarry

Clermont quarry

The quarries service areas around Clermont, Middlemount and Dysart and produce about 350,000 tonnes of quarry materials per annum.

Maas has expanded its business from New South Wales into Queensland and operates nine quarries and four concrete plants in the region.

Maas recently acquired local company Schwarz Excavations.

Under the scope of a binding agreement the acquisitions will cost $12.75 million, with up to $2.2 million to also be paid for stock.

Maas Group managing director and CEO Wes Maas said the acquisition was highly complementary to the company's existing operations across Central Queensland and expected to bring significant synergies.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Monthly Intelligence team.

editions

Mining Magazine Intelligence Future Fleets Report 2024

The report paints a picture of the equipment landscape and includes detailed profiles of mines that are employing these fleets

editions

Mining Magazine Intelligence Digitalisation Report 2023

An in-depth review of operations that use digitalisation technology to drive improvements across all areas of mining production

editions

Mining Magazine Intelligence Automation Report 2023

An in-depth review of operations using autonomous solutions in every region and sector, including analysis of the factors driving investment decisions

editions

Mining Magazine Intelligence Exploration Report 2023 (feat. Opaxe data)

A comprehensive review of current exploration rates, trending exploration technologies, a ranking of top drill intercepts and a catalogue of 2022 Initial Resource Estimates and recent discovery successes.