Search company, investor...

Mining Wear Parts

miningwearparts.com.au

Founded Year

2016

Stage

Acquired | Acquired

About Mining Wear Parts

Mining Wear Parts is an Australian company that supplies replacement parts used in crushing, milling, slurry pumps, and various consumable products.On April 17, 2020, Mining Wear Parts was acquired by Mineral Resources. Terms of the transaction were not disclosed.

Headquarters Location

5 Binary St

Yatala, Queensland, 4207,

Australia

+61 7 3054 4344

Missing: Mining Wear Parts's Product Demo & Case Studies

Promote your product offering to tech buyers.

Reach 1000s of buyers who use CB Insights to identify vendors, demo products, and make purchasing decisions.

Missing: Mining Wear Parts's Product & Differentiators

Don’t let your products get skipped. Buyers use our vendor rankings to shortlist companies and drive requests for proposals (RFPs).

Latest Mining Wear Parts News

Mineral Resources acquires Mining Wear Parts for undisclosed fee

Apr 17, 2020

2 mins ago Australian mining services provider Mineral Resources has today completed the acquisition of Mining Wear Parts, a company that provides specialist parts to the mining, quarrying and recycling industries across Australia, for an undisclosed fee. Both companies have cited the acquisition as key to their growth strategies. Mining Wear Parts was established in 2016 by David Macfarlane and has since grown to become one of Australia’s top suppliers of replacement parts used in crushing, milling, slurry pumps and various consumable products. Macfarlane will continue in his post leading Mining Wear Parts, and the company will become a wholly-owned subsidiary of Mineral Resources’ CSI Mining Services business. CSI will provide access to further financial, strategic and operational capabilities to enable the next step in Mining Wear Parts’ growth plans. The acquisition by Mineral Resources provides a significant boost for Mining Wear Parts, which will both integrate its services with the wider Mineral Resources brand while also being able to continue servicing other clients. For Mineral Resources, this acquisition boosts their offering to clients by bringing Mining Wear Parts’ extensive supply of OEM and replacement parts in-house, with the company now having a subsidiary to provide internal crusher mechanical and wearing components, slurry and dredging pump wear parts, and rock drilling consumables and more to its clients in the Pilbara, Goldfield and Yilgarn regions. Mineral Resources COO Mike Grey said: “As a leading provider in the mining services sector, with a significant footprint in crushing in particular, the acquisition of Mining Wear Parts is a logical addition to the Mineral Resources Group of Companies and will allow us to further vertically integrate our supply chain. “MRL, through CSI Mining Services, will be a significant client of Mining Wear Parts but we also look forward to introducing and expanding Mining Wear Parts and its quality service offering to our client base to deliver value-adding opportunities for all.” ASX-listed Mineral Resources’ share price climbed steadily off the back of the announcement, closing at AUD16.930 after a tumultuous March that saw stock markets worldwide stutter and stumble amid the rapidly escalating Covid-19 pandemic. Which commodity do you expect to be most severely impacted by the COVID-19 outbreak? Copper

Mining Wear Parts Frequently Asked Questions (FAQ)

  • When was Mining Wear Parts founded?

    Mining Wear Parts was founded in 2016.

  • Where is Mining Wear Parts's headquarters?

    Mining Wear Parts's headquarters is located at 5 Binary St, Yatala.

  • What is Mining Wear Parts's latest funding round?

    Mining Wear Parts's latest funding round is Acquired.

  • Who are the investors of Mining Wear Parts?

    Investors of Mining Wear Parts include Mineral Resources.

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.