Cementation and Terra Nova Technologies (TNT) have successfully concluded their strategic ownership transition, a move that strengthens their position for continued growth and delivery of high-quality mining solutions worldwide. The new ownership structure, backed by substantial capital from major institutional investors with a long-term focus, places the group on a far stronger footing.
New Ownership Structure
The process, initiated in June 2025, establishes a framework that fosters collaboration and synergies among Cementation Americas, Cementation Africa, and TNT while preserving their distinct operations. It reinforces a shared commitment to safety, innovation, performance, and project execution. The group continues to value client and employee support, especially during this transition, and remains well-positioned to serve leading mining companies and attract skilled talent.
Leadership Perspectives
Japie du Plessis, Managing Director at Cementation Africa, stated: "This conclusion marks an important step forward. It sharpens our focus, reinforces our competitiveness, and enhances our capacity to grow with clients by expanding expertise and operational capabilities."
Eric Smith, Managing Director at Cementation Americas, added: "This development advances how we operate across regions while preserving each business's strengths. With our people at the center, it drives consistency in meeting client needs and provides greater value through a connected, high-performing organization."
Benefits for Terra Nova Technologies
The new structure also supports TNT's growth in reliable, cost-effective material handling products and systems. Steve Kou, Managing Director of Terra Nova Technologies, commented: "Being part of this redefined structure allows us to expand our innovative crushing, conveying, and stacking products, as well as our full EPC capabilities, while working closely with Cementation partners to create greater value for clients."
The transition drives a more focused approach to underground mining services, improving alignment across engineering, construction, and operations. This enables consistent project outcomes and optimized production performance. Operations will continue without disruption, with no changes to project teams, client relationships, or commitments.
