Bureau Veritas has acquired GeoAssay, enhancing its position in the Chilean copper market, the largest globally. The acquisition will improve services and capabilities in mineral analysis, leveraging GeoAssay’s automated laboratories and skilled workforce. The move aims to attract new clients while fulfilling increasing demands for precision and rapid results in copper analysis.
Bureau Veritas, a prominent leader in Testing, Inspection, and Certification (TIC) services, has reinforced its position in the Chilean copper market with the acquisition of GeoAssay. This move solidifies its leadership in the Metals & Minerals sector in Chile, the leading global copper producer.
The acquisition allows Bureau Veritas to support clients across the mining cycle, from extraction to shipping, by utilizing its extensive laboratory network. With enhanced capabilities in evaluating the physical and chemical properties of materials, Bureau Veritas aims to expand its operational footprint in the mineral-rich region of Chile.
GeoAssay specializes in copper, vital for the energy transition. With three advanced laboratories in Chile, all fully automated, this acquisition positions Bureau Veritas closer to its customers in the region, supported by a skilled workforce of 264 employees experienced in mining industry processes and automation.
Bureau Veritas intends to improve its services in the copper market, appealing to both existing and new clients who need precise and timely mineral analysis. “The integration of GeoAssay’s laboratories allows us to meet growing customer demands in Latin America,” stated Hinda Gharbi, CEO of Bureau Veritas.
GeoAssay’s CEO, Feliciano Herrera, expressed enthusiasm regarding the transaction, highlighting that their previous investments will enhance testing activities while benefiting from Bureau Veritas’s global expertise. With a 200-year legacy, Bureau Veritas operates globally, focusing on quality, health, safety, and sustainability in its service delivery to over 140 countries.
Bureau Veritas’s acquisition of GeoAssay significantly strengthens its leadership in the Chilean copper market by expanding its service offerings and enhancing customer proximity. The acquisition allows for improved operational capabilities with modern laboratories and skilled personnel, which will foster better client relationships and meet increasing market demands for mineral analysis. This strategic move encourages Bureau Veritas as a key partner in the energy transition through copper production.
Original Source: www.ad-hoc-news.de
