South Africa and Australia's longstanding trade relations have provided a solid foundation of mutual profit, with Australia being the sixth largest export destination for South African goods. In the mining sector, co-operation between the two countries has resulted in a number of joint ventures and mergers such as the merger of Australian BHP and South African Billiton in 2001 to the largest mining company in the world.
The most recent joint venture between mining companies in these two countries is the formation of DRA BGC JV, a one-stop-shop delivering a full suite of services, including engineering, procurement, construction, operations and maintenance. Formed between DRA Pacific and BGC Contracting, the joint venture JV has combined access to over 6000 employees and a full suite of skills globally.
DRA Pacific is the Australian branch of the global engineering and project delivery organisation headquartered in Johannesburg, while BGC Contracting is a major contractor in the Australian region, with extensive experience in mining and civil construction projects, and delivering a wide range of services across the mining, oil and gas, and public infrastructure sectors.
"We are excited by the potential benefits which will be provided by combining the complementary skills and experience of our two companies through this JV. Key benefits for DRA will be the enhancement of our ability to offer Engineering Procurement Construction (EPC) and Lump Sum Turnkey (LSTK) contract packages, and other contract models such as Build Own Operate Transfer (BOOT), assisted by the strong balance sheet of our two organisations," said DRA Pacific CEO, Clive Hart.
This sentiment was echoed by BGC Contracting CEO, Greg Heylen, who said that "the collective scale, capacity and skills of the two groups would enable the JV to deliver an expanded range of services to a wider cross section of industries."
DRA's experience includes iron ore, gold, base metals, coal, diamonds, PGMs, mineral sands, rare earths and fertiliser minerals, while BGC Contracting offers a diverse range of capabilities, including load and haul, drill and blast, crushing and screening, bulk earthworks, concrete works and steelwork, plant construction and plant maintenance.