Geomechanics.io

  • Free Tools
Sign UpLog In

Geomechanics.io

Geomechanics, Simplified.

© 2025 Geomechanics.io. All rights reserved.

Geomechanics.io

CMRR-ioGEODB-ioHYDROGEO-ioQCDB-ioFree Tools & CalculatorsBlogLatest Industry News

Industries

MiningConstructionTunnelling

Company

Terms of UsePrivacy PolicyLinkedIn
    Projects
    Contract Award

    Weir’s $75m ESCO Elecmetal Chile acquisition: supply and wear-part notes for mines

    December 12, 2025|

    Reviewed by Joe Ashwell

    Weir’s $75m ESCO Elecmetal Chile acquisition: supply and wear-part notes for mines

    First reported on MINING.com

    30 Second Briefing

    Weir is acquiring the remaining 50% of its Chile-based joint venture ESCO Elecmetal Fundición Limitada from Elecmetal for £56 million ($75 million), giving it full control of a foundry built in 2012 that supplies ground engaging tools to the South American mining sector. The deal, expected to close in Q1 2026, adds Chilean casting capacity into Weir’s global foundry network and supports its go-direct sales strategy in the region. For mine operators, this signals tighter OEM integration on wear parts supply for large copper operations in Chile and neighbouring markets.

    Technical Brief

    • Purchase price of the remaining 50% stake is fixed at £56 million, subject to net debt and working capital adjustments.
    • The joint venture structure, created in 2007, has already proven distribution channels for ground engaging tools across South America.
    • Full operational control enables Weir to standardise production planning, quality control and pattern management across its global foundries.
    • Direct-channel strategy in Chile reduces reliance on third-party distributors, tightening lead times and inventory control for mine wear parts.

    Our Take

    Weir Group’s move to full ownership of ESEL in Chile follows its recent acquisition of Brazil-based Fast2Mine, signalling a deliberate build-out of both physical wear-parts manufacturing and digital fleet/maintenance platforms across key South American mining hubs.

    Within our mining coverage, copper-linked stories are often tied to long-life assets in South America, so securing an in-region foundry built in 2012 positions Weir closer to major concentrator and truck-shovel operations that are highly sensitive to ground engaging tool performance and lead times.

    With completion not expected until Q1 2026 and a British Columbia court determination referenced in December, operators relying on ESEL products may want to watch for any interim changes in supply, pricing, or service models as Weir integrates governance across Chilean and Canadian jurisdictions.

    Geotechnical Software for Modern Teams

    Centralise site data, logs, and lab results with GEODB-io, CMRR-io, and HYDROGEO-io.

    No credit card required.

    • Save and export unlimited calculations
    • Advanced data visualisation
    • Generate professional PDF reports
    • Cloud storage for all your projects

    Prepared by collating external sources, AI-assisted tools, and Geomechanics.io’s proprietary mining database, then reviewed for technical accuracy & edited by our geotechnical team.

    Related Articles

    Metso Geminex™ digital twins: control and reliability insights for plant engineers
    Mining
    1 day ago

    Metso Geminex™ digital twins: control and reliability insights for plant engineers

    Metso is promoting its Geminex™ digital twin platform as a way to move mineral processing plant control beyond traditional DCS screens towards predictive and proactive maintenance. Geminex™ integrates real-time sensor data with dynamic process models of grinding, flotation and filtration circuits to simulate plant behaviour, test “what‑if” scenarios and optimise setpoints before implementation. For operators, this signals deeper use of virtual commissioning, remote performance tuning and model-based failure prediction across comminution and concentrator lines.

    Fortescue’s electric locomotive in the Pilbara: performance notes for mine planners
    Mining
    2 days ago

    Fortescue’s electric locomotive in the Pilbara: performance notes for mine planners

    Fortescue has received two Progress Rail EMD SD70J‑BB battery-electric locomotives, described as the world’s largest, for deployment on its heavy-haul iron ore network in the Pilbara. The units are designed for 100 per cent battery operation, integrating regenerative braking on long downhill runs from mine to port to recharge onboard packs and cut diesel use. For rail and mine planners, the key question will be how these high-mass, high-axle-load locomotives perform on existing Pilbara track geometry, gradients and maintenance regimes.

    Maritime logistics in the critical minerals race: supply-chain notes for mine planners
    Mining
    2 days ago

    Maritime logistics in the critical minerals race: supply-chain notes for mine planners

    Beijing’s April export controls on seven rare earth elements, followed by a now-suspended October expansion covering additional REEs, magnets and lithium battery materials, have forced Western buyers to reroute critical minerals via longer, chokepoint-heavy sea lanes such as the Red Sea and primary canals. Trading houses including BGN Group, Traxys and Gerald Group are acting as integrated maritime logistics platforms, combining shallow, infrastructure-poor African and Latin American load ports with highly automated deepwater hubs using mixed fleets of smaller bulk, multipurpose and VLGC-capable vessels. Global container lines like Maersk and Evergreen, which has ordered 14 LNG dual-fuel containerships for Asia–Europe, now directly influence lead times, freight costs and emissions for lithium chemicals, magnet alloys and battery intermediates moving to refineries and OEMs in Europe, North America and allied Asia.

    Related Industries & Products

    Mining

    Geotechnical software solutions for mining operations including CMRR analysis, hydrogeological testing, and data management.

    Construction

    Quality control software for construction companies with material testing, batch tracking, and compliance management.

    QCDB-io

    Comprehensive quality control database for manufacturing, tunnelling, and civil construction with UCS testing, PSD analysis, and grout mix design management.

    CMRR-io

    Streamline coal mine roof stability assessments with our cloud-based CMRR software featuring automated calculations, multi-scenario analysis, and collaborative workflows.

    HYDROGEO-io

    Comprehensive hydrogeological testing platform for managing, analysing, and reporting on packer tests, lugeon values, and hydraulic conductivity assessments.

    AllGeotechnicalMiningInfrastructureMaterialsHazardsEnvironmentalSoftwarePolicy