Aspec Engineering

What Aspec Engineering does

Aspec Engineering Pty Ltd is an Australian specialist engineering consultancy founded in 2003 by Richard Morgan and Frank Gatto, both former BHP structural engineers. The firm provides consulting engineering to mining companies, port operators, heavy industrial asset owners and government clients across Australia, with offices in Brisbane (headquarters), Perth, Newcastle, Wollongong and Melbourne. Its core domain is mobile bulk materials handling machines — stackers, reclaimers, shiploaders, ship unloaders and car dumpers — and the marine terminals and infrastructure that support them.

The service offering spans three practice areas: Bulk Materials Handling Engineering, Asset Life Extension Services, and Infrastructure Engineering (proof engineering, feasibility studies and project design). Within these, ASPEC delivers proprietary offerings including Plant Integrity Reviews, Machine Health Checks backed by SCADA data analysis algorithms, the FULS (Fatigue Useful Life Simulation) program, an Asset Management Framework organised through 'Machine Books', a 1–5 condition rating system for steel and concrete structures, transfer chute analysis using discrete element and continuum modelling, and independent design auditing for compliance with standards such as AS 4324.1.

ASPEC operates a project-based professional services model with custom-quoted engagements and no public rate card; revenue is generated through multi-disciplinary consulting work delivered by chartered engineers and specialists. The firm holds ISO 9001 quality certification and has no disclosed external equity funding. Competitive position rests on a deep, narrow domain specialisation reinforced by founder Richard Morgan's chairmanship of Australian Standards Committee ME43 and PIANC working groups WG184 and WG261, combined with anchor client relationships across BHP (including BMA), Rio Tinto, Roy Hill, Port Waratah, TasRail, BlueScope and Nyrstar Port Pirie.

Name

Aspec Engineering

Legal name

Aspec Engineering Pty Ltd

Website

https://aspec.com.au

Company type

Private

Founded year

2003

Operating status

Operating

Headcount range

51–100 employees

Short description

Aspec Engineering is an Australian specialist engineering consultancy that delivers structural, mechanical and marine engineering services — including design audits, integrity reviews, fatigue life simulation and SCADA-based machine health checks — to mining companies, port operators and heavy industrial asset owners across Australia.

Ownership category

akta.pro rank

Product category

Structural Engineering Consulting for Bulk Materials Handling and Port Infrastructure

NAICS

Engineering Services (541330), Architectural, Engineering, and Related Services (5413)

SIC

Services-Engineering Services (8711), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro industry

PRIMARYIMAJAIAB

Cargo Handling & Lifting Equipment (Cranes, Derricks, Hoists)

Industrials, Manufacturing & Construction/Marine & Shipbuilding/Marine Equipment & Outfitting (Deck, Cargo Handling, HVAC, Accommodation)

Keywords

• Structural engineering consulting
• Bulk materials handling
• Port infrastructure engineering
• Asset integrity management
• Fatigue life assessment

Headquarters

HQ city

South Brisbane

HQ country

Australia

HQ region

Oceania

Offices5 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Engineering Consulting Services: ASPEC provides multi-disciplinary engineering consulting services to mining companies, ports, heavy industries, and government organisations. Revenue is generated through project-based professional engineering engagements including detailed design, analysis, inspections, audits, feasibility studies, and technical advisory services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

Aspec Engineering provides specialist consulting engineering services for bulk materials handling machines (stackers, reclaimers, shiploaders, ship unloaders, car dumpers), port and marine terminal infrastructure, and heavy industrial assets. Services span structural and mechanical engineering analysis, finite element analysis, Plant Integrity Reviews, Machine Health Checks using SCADA data, Asset Management Frameworks, Independent Design Auditing, fatigue useful life simulation, transfer chute analysis, and feasibility studies for mining companies, port operators, and heavy industries.

Product overview

Aspec Engineering is a multi-disciplinary Australian engineering consulting company founded in 2003, providing services to mining companies, ports, heavy industries, and government organisations. The company operates as a services-based firm rather than a product company, offering engineering consulting across three core service areas: Bulk Materials Handling Engineering, Asset Life Extension Services, and Infrastructure Engineering. The portfolio includes Plant Integrity Reviews, Machine Health Checks using SCADA data analysis, Asset Management Frameworks, FULS (Fatigue Useful Life Simulation) programs, Transfer Chute Analysis with discrete element and continuum modelling, 3D Printing services for structural design visualisation, Condition Rating Systems for structural inspections, and Systems Audits. The company also provides independent design auditing and technical papers/articles on engineering topics.

Differentiator

Problem solved

Functional benefit

Products and services

• Bulk Materials Handling Engineering
• Asset Life Extension Services
• Infrastructure Engineering
• Plant Integrity Reviews (PIRs)
• Machine Health Check
• Asset Management Framework
• Independent Design Auditing
• FULS (Fatigue Useful Life Simulation)
• Transfer Chute Analysis
• Systems Audit

Quantifiable outcome

• Hay Point Shiploader SL1 now operating at 165% of the original 1968 design capacity after ASPEC's brownfield upgrade
• +4 more outcomes

Named customers12 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature9 records

Partnerships

Seven partnerships are on record, tiered flagship, core and minor.

• Rendel Ingerop / Rendel LimitedflagshipStrategic or Co-development PartnerASPEC and Rendel operate as a joint team (Aspec/Rendel) on major port and marine infrastructure projects. Key projects include Roy Hill's SP3 Port Expansion at Port Hedland (value engineering identified over $250M in savings, 30% detailed design), Hay Point Shiploader and Berth Replacement (SABR) project for BMA (50-year service life extension), and the PIANC WG184 and WG261 guidelines where Richard Morgan chairs the working groups. Rendel provides port and maritime engineering expertise while ASPEC contributes bulk materials handling and structural engineering specialisation.
• Engenuity SolutionscoreStrategic or Co-development PartnerASPEC and Engenuity Solutions partnered on the Surf Lakes Full Scale Prototype in Yeppoon, Queensland. ASPEC provided civil, structural, and mechanical engineering while Engenuity Solutions contributed to the overall engineering design and commissioning of the innovative wave generation facility. The project was shortlisted as a finalist for the 2020 Australian Engineering Excellence Awards.
• Bureau VeritascoreImplementation/ SI/ Consulting PartnerASPEC worked closely with Bureau Veritas on balanced machine inspections and engineering reviews for BHP. Bureau Veritas conducted inspections while ASPEC provided engineering analysis and reviews, complementing each other's service offerings for BHP's materials handling equipment fleet.
• CivmecminorImplementation/ SI/ Consulting PartnerASPEC supervised on-shore Australian fabrication of the Amrun project machines at Civmec's facilities in Fremantle, WA. Large scale pre-assembly and trial fitment was conducted in the workshop prior to delivery to site, minimising site works.
• FLSmidth (formerly Sandvik)coreImplementation/ SI/ Consulting PartnerASPEC worked closely with FLSmidth (formerly Sandvik) as the machine OEM for the Amrun project. ASPEC served as independent design auditor for rail-mounted machines (bucketwheel reclaimer, stacker, shiploader) designed and supplied by FLSmidth, working very closely with the Rio Tinto team and the OEM to support delivery. Also undertook GEMCO manganese mine expansion audits for DHHI machines with trips to China for design reviews and machine weighings.
• WorleyminorImplementation/ SI/ Consulting PartnerASPEC's Perth team audited new machines for the Gudai-Darri project for Rio Tinto, working with Worley as the primary engineering contractor on the project.
• Nyrstar Port PirieminorOthersASPEC was engaged by Nyrstar for the Port Pirie lead smelter redevelopment foundation design. Nyrstar is the operating client/owner rather than a formal partnership.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aspec Engineering