Tailwinds Continue For Australian Engineering & Mining Services Sectors

eTradeWire News/10637486
LCC Asia Pacific
Strong global steel prices, demand for battery metals and COVID 19 Stimulus in supporting large scale Infrastructure & Renewable Projects continues to provide tailwinds for the Australian Engineering & Technical Services Sectors

SYDNEY - eTradeWire -- Sydney, Australia.  Boutique Investment Banking & Strategy Consulting Firm LCC Asia Pacific today released Edition 412 of its weekly market update covering the Australian Engineering, Mining Services and Services Technology Sector.

Nicholas Assef, LCC's Principal & Founder, noted :"The last week has seen a number of M & A transactions in the Australian market including from NRW Holdings and Glencore – details of which are outlined in our report."  "Australian market conditions continue to be robust and we expect this to provide continued tailwinds for both service providers and OEM players." Nicholas Assef continued.

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Of last week's news CIMIC Group, Metso Outotec & Downer EDI were all awarded large commercial opportunities – which bodes well for order books across the next 6 to 12 month period.  LCC expects that with strong steel prices, infrastructure spend related to COVID 19 stimulus and a major development pipeline in Renewables Projects in Australia that the outlook for Engineering and Technical Services companies is solid.

For more detail on the movements in the Engineering, Contracting & Services Sector a copy of the report can be downloaded from either www.lccasiapacific.com or via the following link : https://www.slideshare.net/LCCAsiaPacific/lcc-asia-pacific-engineering-services-market-update-edition-412



Research Methodology

Information in the Market Update is sourced from company data, reports, announcements, general media (which are then confirmed), and proprietary market intelligence developed by LCC as a result of its expertise in the Engineering & Technical Services Sectors after 18 years of operation.

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LCC Asia Pacific also produces specialist Macro Economic Research Reports on various Australian in the Engineering, Mining Services, Renewables Services & Technical Services Sectors.

About LCC Asia Pacific (https://www.lccasiapacific.com%20)

LCC Asia Pacific is a boutique investment banking firm that provides strategic advice to its clients on growth initiatives – both through acquisition and via organic means.  LCC has full service offices in Sydney and Brisbane, with representative offices in Mackay Queensland and also in New York which reflects the Firm's commitment to international cross border mergers & acquisitions strategies.

LCC specialises in a number of key sectors, including Industrial & Technology Services, Engineering & Contracting, Renewables, Resources & Heavy Industrials.   LCC Asia Pacific has a long history of working successfully on both Australian and Cross Border assignments with corporates, financial sponsors and public sector organisations.

To learn more on LCC Asia Pacific please visit www.lccasiapacific.com

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Source: LCC ASIA PACIFIC PTY LIMITED

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