Leading Australian Mining Wear Parts Player SIMCO announces medium term expansion strategy for the South American Market
MACKAY, Australia - Aug. 28, 2020 - PRLog -- Leading Australian mining wear parts and mining services company, SIMCO Mining Products & Services, has announced a medium term expansion strategy that will target offering its industry leading mining products to the South American mining sector.
Since being founded in 2010, SIMCO has built a reputation for quality & innovation of its key products & services - including the supply and service Dragline Buckets, Dragline Rigging and Ground Engaging Tools (G.E.T.).
SIMCO has an established product range on many of Queensland's largest coal mines, in addition to already enjoying international success with sales in a variety of countries including India, China and South Africa.
With innovation being a core part of SIMCO's DNA, the near term will also see the expansion of its product range into Buckets and Wear Parts for Electric Rope Shovels and Hydraulic Excavators.
"South America has always been on our radar, but to be successful we wanted to ensure we have a suite of wear parts products that are fit for purpose in the harsh conditions experienced in such countries as Chile and Peru" Martin Simpson stated. "With our advances in products and product design that suit Electric Rope Shovels and Hydraulic Excavators, the time is right to broaden our business footprint to include South America" Martin Simpson continued.
South America's mining opportunities continue to attract international capital which means that that continent will only increase as a mining destination in the coming years.
"Over the coming 12 months SIMCO will investigate ways in which we will enter the South American market, including by way of distributors, strategic partnerships or other approaches" Martin Simpson concluded.
Amongst SIMCO's many achievements was the delivery in 2013 of the World's largest carrying capacity Dragline Bucket to Queensland's Curragh Mine, which has the ability of moving payloads of over 260 tonnes of dirt per swing.