The minerals processing industry in Africa is due for a shake-up following news of the acquisition of heavyweight minerals processing equipment manufacturer, McNally Sayaji Equipment Limited, by global mill liner and wear parts manufacturer, Tega Group, to offer a more comprehensive and cost-effective solution for the continents beneficiation plants.
Under the auspices of the merged operations the rebranded Tega McNally Minerals Limited (TML), is a manufacturer of equipment for industries such as iron ore, coal, steel, zinc, copper, limestone, rare earth and other minerals as well as aggregates.
This is just the medicine required by local operations according to Tega Industries Africa CEO, Vishal Gautam, adding that the injection of high-quality equipment at reasonable prices and supported by Tega Industries’ unmatched technical expertise is a shot-in-the-arm for local mines who will enjoy a wider range of solutions for the continent’s challenging conditions.
“The McNally acquisition is huge for Tega. We have been a critical spares supplier to mines and materials handling operations for nearly 50 years and will now be able to supply the full solution from the actual grinding mills or screens etc to the screening media, liners and consumables as required by our clients. This will obviously expand our existing customers’ choices and allow them to do business with the people who have been supplying them with critical parts for years.
“The equipment available will include various minerals processing equipment and will obviously increase our revenue by many fold in Africa and when seen in conjunction with our better than 20% organic growth that we have been achieving over the past few years it becomes clear to see that this new opportunity is something that is needed and will be a great success and we are already approaching international project houses as well and working with the big players here in Africa so watch this space,” says Vishal.
He adds that the acquisition is in line with the company’s vision to provide holistic solutions to the industry while reinforcing its leadership position on African soil. With one of its six manufacturing plants in Brakpan, South Africa, the company has been well rooted in the country since 2006 with customers in Zambia, DRC, Tanzania, Botswana, Mozambique, Ghana, Mali, Burkina Faso and all provinces of South Africa. It remains bullish about the future of African mining.