Bureau Veritas Acquires GeoAssay, Strengthening Copper Market Position in Chile

Bureau Veritas strengthens its position in Chile’s copper market by acquiring GeoAssay, enhancing its services and operational capacity. The acquisition aims to provide improved analysis accuracy and fast turnaround times to existing and new clients in the mining sector. Bureau Veritas emphasizes its commitment to quality and sustainability in metallurgical services.

Bureau Veritas, a global leader in Testing, Inspection, and Certification services, has solidified its market position in Chile’s copper sector through the acquisition of GeoAssay. This strategic move enhances Bureau Veritas as the leader in Metals & Minerals in Chile, the largest producer of copper worldwide.

Bureau Veritas’ Metals & Minerals division supports clients from the mining process to transportation. The company achieves this through comprehensive laboratory testing to determine materials’ physical and chemical properties. With a robust presence in crucial global ports, Bureau Veritas aims to expand its footprint in the rich resource regions of Chile.

GeoAssay specializes in the analysis and preparation of copper samples, vital for energy transition initiatives. Operating three advanced laboratories in Chile, GeoAssay’s facilities are fully automated and strategically located, allowing for greater customer access. Furthermore, GeoAssay employs 264 highly qualified technical staff with expertise in automation and mining, enhancing the service quality further.

Following the acquisition, Bureau Veritas plans to elevate its services for existing copper clients and attract new customers seeking precision and rapid results in mineral analysis. Hinda Gharbi, CEO of Bureau Veritas, stated that the integration of GeoAssay will enable the company to meet the rising customer demands efficiently.

Feliciano Herrera, CEO of GeoAssay, expressed enthusiasm regarding the acquisition, noting that their investments since 2017 are now yielding significant benefits. He believes that the laboratory’s capabilities, combined with Bureau Veritas’ expertise, will enhance service offerings for clients.

Bureau Veritas, established in 1828, is a leading company in inspection, certification, and laboratory testing with a commitment to fostering a trustworthy world. Its services address key challenges in quality, health, safety, and environmental sustainability, with a presence across 140 countries and a workforce of 84,000 employees.

For further details and updates, please visit the Bureau Veritas website or their LinkedIn page, ensuring you are informed through credible sources about their developments in the copper market.

The acquisition of GeoAssay by Bureau Veritas enhances its competitive position in the Chilean copper market, ensuring improved service delivery and technical capabilities. This strategic growth aims to meet increasing customer demands while leveraging GeoAssay’s advanced laboratories and skilled professionals. Bureau Veritas continues to reinforce its commitment to quality, safety, and sustainability in the mining industry, further solidifying its role as a leader in the sector.

Original Source: www.ad-hoc-news.de