Our support enabled Byrnecut Offshore to take on a major mining project in Saudi Arabia and accelerate their international growth.
Perth-based Byrnecut Offshore is an internationally renowned specialist underground mining contractor, offering a unique range of services and expertise. They first started exporting their services to Tanzania in 1999, and today have major customers in Mali, Burkina Faso and in Canada with their joint venture servicing the BHP Jansen project.
“As a full services underground mining contractor we will provide all of the equipment, the services to access underground mining, ground support, ventilation, power, water,all of the employees and technical expertise,” explained their Treasurer, Mark O’Sullivan. “Our job is to develop the mine, extract the ore and bring it to the surface.” Byrnecut Offshore says that it’s working relationships help drive their business.
“Underground mining contracting is a relatively small industry and it really is about relationships and people we’ve had contact within the past,” said Mark. It was exactly this kind of relationship-building that led Byrnecut Offshore to work with Export Finance Australia. It was in 2005 when our Project & Structured Finance Director, Jan Fuchter, first connected Export Finance Australia with Byrnecut Offshore.
“I’ve known Jan for many years. He had been following the Byrnecut Offshore story and we’ve had regular meetings for 15 years,” Mark said. “We’ve provided Export Finance Australia with the details of our operations and finance – you’ve seen our growth.