After first announcing its intentions on 29 April, OEM Epiroc has completed its takeover of Australian electrification infrastructure supplier JTMEC.
The Perth-based group, which supplies both surface and underground mines, was acquired for an undisclosed amount. The closure was confirmed on 3 June.
Among JTMEC’s line of services: high-voltage installation and maintenance work; transformer servicing and testing; engineering design; feasibility studies; and training.
It also manufactures electrical products including substations and mine chargers.
“Battery electrification represents the future in the mining industry, and the strong team at JTMEC is playing an important role in enabling this vital transformation,” Epiroc President and CEO Helena Hedblom said in late April.
“This acquisition will further strengthen our ability to support mining customers on their electrification journey toward less emissions, improved work conditions, and higher productivity. JTMEC is also a strong complement to Meglab, which we acquired in 2021.”