$69 postpage LB

Saunders International Tapping Pockets of Opportunities in Mining Industry

  • June 15, 2020 01:05 PM AEST
  • Team Kalkine
Saunders International Tapping Pockets of Opportunities in Mining Industry


  • Saunders’ extensive knowledge & expertise ensures reliable, innovative, cost-effective solutions and trouble-free project delivery, to its diverse client base, that has expanded to include a combination of industries like mining companies and water utilities.
  • With demand for minerals growing, mining activities have rebounded after COVID-19 relaxations, and casting an eye on pockets of opportunities seem rewarding.
  • SND has a track record of completing major projects for mining clients and has secured another one with Rio Tinto in early 2020.
non AMP MTF 10th feb webinar

Experts opine that mining is one of the most cyclical, capital intensive and attractive industries. Tapping opportunities in this industry is a reputable, multi-disciplinary company, Saunders International Limited (ASX:SND), which holds a strong track record in design, construction and maintenance of mining related projects- including material handling, storage, and mineral processing.

Mining Industry Trend

Operating under a different metric of globalisation, at very ends of the earth, mining industry has pioneered the way in terms of true globalisation. Industry experts opine that demand for minerals will continue to grow in the coming years.

According to the World Economic Forum, transition to a low-carbon economy, venturing into frontier mining areas, novel financing and production models, obtaining social contracts for mining, data transparency amid stakeholders, effective response to rising geopolitical risk and economic protectionism and modern workforce are trends that would determine the types of mining companies that would prevail in the future.

More recently, S&P Global Market Intelligence report from May 2020 stated that recent disruptions to mining operations due to COVID-19 now appear to be less severe than some had initially feared, with global drilling activity rebounding and metal prices improving in April.

Saunders’ Mining Expertise

For more than 60 years, the Company has been at the forefront of meeting needs of industry for storage of fuels, chemicals, and water. Catering to the oil & gas sector, mining & mineral processing, aviation, defence and water / wastewater sectors, Saunders focuses on design, construction and maintenance of bulk storage and associated facilities for these sectors.

Specifically, for the mining sector, its expertise covers-

  • leach tanks for the gold sector
  • bulk material bins for coal and other minerals, thickeners, clarifiers, and other process tanks
  • fuel storage facilities for remote mining locations
  • a range of civil works for the mining industry

GOOD READ- Comprehensive Services of Multi-Disciplined Engineering and Construction Firm, Saunders International

Saunders’ Projects in Mining Industry

SND has completed tasks for several clients in the mining and mineral processing sector. Let us cast an eye over a few-

Recent Win- Major Rio Tinto Contract

In late-January 2020, SND announced to have secured the Stage 1 Precipitation Tank Repair contract for Rio Tinto’s Yarwun alumina refinery near Gladstone, Queensland. The contract valued at over $ 30 million would be delivered over two separable portions with the first separable portion valued at more than $ 13 million and the second remaining subject to Rio Tinto’s annual funding approval. The project will contribute to FY20-H2 through to FY22 revenue.

SND’s scope of works under this contract would be inclusive of design, supply, fabrication, and installation works to repair up to 16 precipitator tanks. At the time of the announcement, mobilisation to site had commenced with works to continue over two years, subject to Rio Tinto receiving related approvals for the second separable portion.

Pleased on securing the major maintenance contract, Chief Executive Officer Mark Benson affirmed that the Company’s focus would remain on the delivery of safe, quality and cost-effective solutions. He added-

A lean and agile organisation delivering high quality engineered solutions across the complete asset lifecycle and driven by a commitment to safety, innovation, excellence and growth, Saunders seems positioned for growth.

Currently, the Company continues to monitor operational impacts of COVID-19 and is focused on preservation of cash through reduced discretionary operating and capital expenditure. Meanwhile, the Board remains firm to resume fully franked dividend payments in FY21.

SND was trading at $ 0.415 on 15 June 2020 (AEST 12:47 PM).

ALSO READ- Objectives & Outlook of Industrial Solutions Expert, Saunders International

(Note: All Currency in AUD unless otherwise specified)



The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. (Kalkine Media) A.C.N. 629 651 672. The principal purpose of the content on this website is to provide factual information only and does not contain or imply any recommendation or opinion intended to influence your financial decisions and must not be relied upon by you as such. Some of the content on this website may be sponsored/non-sponsored, as applicable, but is NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. In providing you with the content on this website, we have not considered your objectives, financial situation or needs. You should make your own enquiries and obtain your own independent advice prior to making any financial decisions.
Some of the images that may be used on this website are copyright to their respective owner(s). Kalkine Media does not claim ownership of any of the pictures displayed on this website unless stated otherwise. The images that may be used on this website are taken from various sources on the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image. The information provided on the website is in good faith, however Kalkine Media does not make any representation or warranty regarding the content, accuracy, or use of the content on the website.


We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK