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PROSPECTUS - GR Engineering

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24<br />

<strong>GR</strong> ENGINEERING’S BUSINESS<br />

3.1 Overview<br />

<strong>GR</strong> <strong>Engineering</strong> is a leading engineering consulting and contracting company that specialises in<br />

providing high quality process engineering design and construction services to the mining and<br />

minerals processing industries.<br />

the company’s services cover all aspects of the project life cycle from the initial evaluation and study<br />

phase through to design, construction, commissioning and operational support.<br />

founded in october 2006, <strong>GR</strong> <strong>Engineering</strong> has experienced consistent growth and has quickly<br />

established itself as a market leader with an excellent reputation for delivering projects on time, on<br />

budget and to guaranteed design performance. the company has achieved this strong performance<br />

while maintaining a high level of occupational health and safety and environmental standards.<br />

<strong>GR</strong> <strong>Engineering</strong> has a proven track record of delivering integrated project solutions having provided<br />

services in 18 countries for a range of commodities including gold, nickel, copper, lead, zinc,<br />

molybdenum, tungsten, tin, vanadium and iron ore. the company has completed over 50 studies and<br />

successfully delivered 18 major projects.<br />

<strong>GR</strong> <strong>Engineering</strong>’s clients range from junior and mid-size resource companies through to international<br />

mining houses. in a number of cases, <strong>GR</strong> <strong>Engineering</strong> has successfully delivered the client’s first<br />

project and has since successfully grown with these clients as they have maintained and expanded<br />

their operations.<br />

the company is headquartered in Perth, and also has offices in kalgoorlie and brisbane.<br />

<strong>GR</strong> <strong>Engineering</strong> employs a dedicated workforce of over 150 professional, technical, managerial,<br />

supervisory and support personnel, in addition to directly employed site construction personnel<br />

and subcontractors.<br />

3.2 Business Model<br />

<strong>GR</strong> <strong>Engineering</strong>’s business model focuses on utilising in-house evaluation, process and engineering<br />

design, construction and asset management capabilities to provide integrated services covering all<br />

aspects of a project’s life cycle. the services provided by the company include:<br />

• feasibility studies ranging from scoping, pre-feasibility and definitive engineering studies<br />

through to bankable feasibility studies;<br />

• engineering and process consulting;<br />

• design and construction of minerals processing facilities and associated infrastructure for<br />

greenfields and brownfields projects;<br />

• plant modifications, debottlenecking, optimisation, upgrades and expansions;<br />

• plant evaluation and condition reports;<br />

• plant operations and maintenance technical support and optimisation;<br />

• plant relocation, refurbishment and recommissioning;<br />

• asset management; and<br />

• provision of owners representatives and teams for project management and delivery.<br />

<strong>GR</strong> <strong>Engineering</strong> has extensive experience and expertise in undertaking feasibility studies for<br />

processing plants and associated services and infrastructure. the focus of <strong>GR</strong> <strong>Engineering</strong>’s studies<br />

is to assist clients maximise project value through fit for purpose and cost effective design solutions<br />

whilst accurately estimating project performance, design, cost and schedule.<br />

undertaking feasibility studies is a key feature of <strong>GR</strong> <strong>Engineering</strong>’s business model. involvement in<br />

studies enables <strong>GR</strong> <strong>Engineering</strong> to gain detailed project knowledge and the opportunity to develop<br />

strong client relationships which provide a key competitive advantage in winning future work.<br />

through detailed project knowledge <strong>GR</strong> <strong>Engineering</strong> is able to optimise the required engineering<br />

and construction services and also provide clients with attractive contracting solutions. the company<br />

focuses on developing and maintaining strong relationships with clients for whom studies have been<br />

completed and has been highly successful at converting studies into projects.<br />

<strong>GR</strong> <strong>Engineering</strong> focuses on delivering its projects via turnkey EPc contracting arrangements. the<br />

company predominantly provides its EPc contracts either on a fixed price lump sum or guaranteed

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