Andvare Group

What Andvare Group does

Andvare Group Pty Ltd is a privately held Australian engineering services firm headquartered in Malaga, Western Australia, specialising in bulk materials handling across the mining, port, and resource sectors. The company delivers "Pit to Port" and "Port to Production" engineering services across the full asset lifecycle — concept design, detailed design, fabrication, procurement, construction management, commissioning, machine inspection, latent capacity optimisation, and deconstruction — and is organised across operating subsidiaries covering engineering services, materials handling, technology solutions, transhipment, and a defence division (Andvare VI). Its flagship proprietary technology is the Alfar® lightweight idler system, a retrofit product for balanced machine boom conveyors that reduces heavy duty idler weight from approximately 27kg (steel) to 6.7kg, cuts boom weight by up to 3.5 tonnes on a standard 47m boom, and addresses prior lightweight-design failure modes through a unique bearing housing.

The company monetises through a mix of professional engineering services (consulting, machine inspection, expert witness, construction management), hardware sales of proprietary products (Alfar® idlers, transhipment systems, ballistic armour), and fabrication services delivered via Andvare Europe's Eastern European partners. It serves enterprise mining, port, power, industrial minerals, and defence clients, with named engagements including Baffinland Iron Mines (shiploading upgrades lifting export volumes from 0.9 Mt to 5.86 Mt over four years), Rio Tinto's Paraburdoo stacker deconstruction, and Liberty Industrial's Port Kembla work. Go-to-market is sales-led and consultative, with project-based, quote-based pricing and no publicly disclosed rates, recurring contracts, or revenue figures.

Name

Andvare Group

Legal name

Andvare Group Pty Ltd

Website

https://andvaregroup.com

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Mining Engineering Services

NAICS

Mining Machinery and Equipment Manufacturing (333131), Mining and Oil and Gas Field Machinery Manufacturing (33313)

SIC

Mining Machinery & Equip (No Oil & Gas Field Mach & Equip) (3532), Construction, Mining & Materials Handling Machinery & Equip (3530)

akta.pro primary industry

Conveying, Hoisting & Materials Handling Systems (Conveyors, Stackers/Reclaimers, Winches) (IMAKANAE)

Keywords

• Bulk materials handling
• Mining engineering services
• Shiploading systems
• Ballistic armour solutions
• Transhipment equipment

Headquarters

HQ city

Perth

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Engineering Consulting Services: Professional engineering services including concept design, detailed design, machine inspection, troubleshooting, latent capacity optimization, deconstruction engineering, audits, and expert witness services. Delivered across entire project lifecycle from feasibility through to commissioning.
2. Proprietary Products (Alfar® Idlers): Sale and supply of proprietary lightweight Alfar® idler systems for bulk materials handling equipment. Manufactured with unique design features for weight reduction and improved performance.
3. Fabrication Services: Heavy fabrication services including structural steelwork, mechanical steelwork, transfer chutes, and specialized wear material fabrication. Utilizes offshore fabrication facilities and Eastern European affiliations managed via Andvare Europe team.
4. Construction Management & Commissioning: Construction management services as contractor or owner's team, field engineering, quality assurance, construction verification, commissioning, performance testing, and maintenance support.
5. Transhipment Systems: Design, manufacture, commissioning and support of proprietary transhipment bulk materials handling systems including shore-based shiploaders, stockyard machines, vessel-borne bulk materials handling systems, and automated mooring solutions.
6. Defence Products (Andvare VI): Ballistic armour solutions for personnel and vehicles including customized ballistic armour, advanced ballistic material development and testing, body armour design and manufacturing, and personalized body armour solutions. Supported by in-house ballistic testing facilities.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

Andvare Group is an Australian engineering services firm that delivers bulk materials handling solutions across the full lifecycle from concept design through to deconstruction for mining, port, and resource sector clients. The company also sells proprietary products including the Alfar® lightweight idler system, transhipment bulk materials handling plants, the HoloReality digital inspection/3D scanning platform, and ballistic armour solutions under the Andvare VI defence division.

Product overview

Andvare Group is an Australian engineering services company operating across four main divisions: Engineering Services, Materials Handling (which includes the Alfar® lightweight idler product line), Technology Solutions (centred on the HoloReality digital platform), and Transhipment services for vessel-borne bulk materials handling. A separate division, Andvare VI, focuses on defence ballistic armour solutions. The company provides 'Pit to Port' and 'Pit to Hold' value chain solutions for the mining, port, and defence sectors, with capabilities spanning concept design, fabrication, construction management, commissioning, and deconstruction services.

Differentiator

Problem solved

Functional benefit

Brands

• Alfar® Idlers: Lightweight idler system developed by Andvare Materials Handling for balanced machine boom conveyors, designed to reduce weight and improve operational efficiency with approximately 6.7kg per heavy duty carry idler compared to 27kg for steel equivalents.
• Andvare VI Defence Industries
• HoloReality

Products and services

• Andvare Engineering Services Comprehensive engineering services for bulk materials handling operations, delivering Pit to Port and Port to Production solutions across the full lifecycle from concept design, detailed design, machine inspection, troubleshooting, latent capacity optimisation, audits, and expert witness services through to deconstruction and demolition. Built for mining companies, port operators, and resource sector clients requiring specialised bulk materials handling engineering expertise.
• Alfar® Lightweight Idler System Proprietary lightweight idler system developed by Andvare Materials Handling for retrofittable installation on balanced machine boom conveyors and other conveyors where rotating mass is a key structural design element. Each heavy duty carry idler weighs approximately 6.7kg on a standard 3 roll frame for a 1600 wide belt versus 27kg for steel equivalents, reducing boom weight by up to 3.5 tonnes on a standard 47m boom, eliminating can-opener belt rip failures, and delivering L10 bearing life of over 150,000 hours. Sold to bulk materials handling equipment operators and OEMs.
• HoloReality Digital Platform Services Digital technology platform delivered by Andvare Technology Services, encompassing Digital Inspection, Digital Witnessing, Digital Qualification, Digital Commissioning, Knowledge Capture by holographic instruction and standard operating procedures, 3D scanning using Lidar, Depth Sensors and Drones, Photogrammetry and 3D modelling of assets, plants and sites, Simulation Modelling, and Digital Strategy and Digital Transformation services. Targeted at industrial operations seeking modernised inspection, commissioning, and asset documentation workflows.
• AMH Transhipment Bulk Materials Handling Systems Design, manufacture, commissioning, and support of proprietary transhipment bulk materials handling systems including shore-based shiploaders, stockyard machines, vessel-borne bulk materials handling systems, and automated mooring solutions for self-propelled self-unloading transhipment shuttle vessels. Plants are up to 50% lighter than traditional designs, supporting mining projects from 2.5 Mtpa to 45 Mtpa throughput with load-out rates of 3,500 to 12,000 Mtph and increased MTBF with reduced wear and corrosion susceptibility. Built for mining companies and port operators requiring shallow-draft and dredging-minimised export solutions.
• Andvare VI Defence Ballistic Armour Solutions Specialised ballistic armour product line for defence personnel and vehicles, including customised ballistic armour, advanced ballistic material development and testing, body armour design and manufacturing, and personalised body armour with female-cut FSAPI panels. Supported by in-house ballistic testing facilities and delivered directly to defence agencies, defence contractors, and security organisations.
• Andvare Europe Heavy Fabrication Services Heavy fabrication services for bulk materials handling and mining clients, including structural steelwork, mechanical steelwork, transfer chutes, and specialised wear material fabrication. Delivered via Andvare Europe team coordinating offshore fabrication facilities and Eastern European affiliations to support both the local Australian market and global clients with cost-competitive manufacturing capacity.

Quantifiable outcome

• Increased export capacity by 650% (0.9 Mt to 5.86 Mt) for Baffinland Iron Mines over 4 years
• +9 more outcomes

Named customers7 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

Feature2 records

Partnerships

Three partnerships are on record, tiered core and minor.

• Various Local and International Transhipment CompaniescoreStrategic or Co-development PartnerAMH (Andvare Materials Handling) has developed key partnerships with various local and international transhipment companies to service the Australian Transhipment Market. These partnerships enable delivery of vessel-borne bulk materials handling systems and automated mooring solutions for self-propelled, self-unloading transhipment shuttle vessels.
• De-Consult Pty LtdminorImplementation/ SI/ Consulting PartnerAndvare worked in consultation with De-Consult Pty Ltd on the Port Kembla Stacker/Reclaimer deconstruction project for Liberty Industrial, providing specialist engineering support.
• Andvare Europe (Eastern European Fabrication Facilities)coreStrategic or Co-development PartnerAndvare has affiliations with various fabrication facilities in Eastern Europe, managed via the Andvare Europe team. These facilities support both the local Australian market and global clients with structural steelwork, mechanical steelwork, and specialized fabrication.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Broad incumbents

• Tenova: Engineering and technology provider serving mining and metals with bulk materials handling, conveyor systems and plant modernisation services. Comparable to Andvare's engineering and bulk materials handling offering, with broader scope across metals processing and a much larger installed base.
• Perenti Global: ASX-listed mining services group providing drilling, contracting and equipment solutions across surface and underground mining. Comparable to Andvare's mining services and consulting positioning in the Australian mining sector, although Perenti operates at substantially larger scale with diversified surface and underground services.
• Metso: Major OEM of mining, aggregates and metals processing equipment, including conveyors, crushing, screening and material handling systems. Comparable to Andvare's mining-focused materials handling and equipment business, though Metso is much larger and serves a global customer base with its own service network.
• thyssenkrupp Industrial Solutions: Engineering group with a dedicated mining, port and materials handling portfolio covering conveyors, stacker-reclaimers, ship unloaders and shiploaders. Direct overlap with Andvare's bulk materials handling and transhipment business, but operating as a much larger global engineering incumbent with full EPC capability.
• Bradken: Australian-headquartered manufacturer of wear-resistant and engineered products for mining, resources and infrastructure. Comparable to Andvare's fabrication and heavy materials handling focus within the same domestic market and mining customer base.
• FLSmidth: Global incumbent supplying equipment, service and digital solutions across the mining and cement value chain. Directly comparable to Andvare because of its bulk materials handling product portfolio, conveyor and stockyard systems, and engineering services for resource customers, albeit at vastly greater scale and broader geographic reach.
• Sandvik Mining and Rock Solutions: Large incumbent providing mining equipment, automation and digital solutions across load and haul, crushing and materials handling. Comparable to Andvare because of its materials handling equipment exposure and digital mining agenda, although Sandvik's portfolio is significantly broader and its mining focus is on underground and hard rock.

Direct peers

• Vigan Engineering: Specialist in ship unloaders, loaders and pneumatic/mechanical conveying systems for bulk ports and terminals. Directly comparable to Andvare's vessel-borne and shore-based bulk materials handling systems, serving similar port and transhipment customers.
• Siwertell: Specialist manufacturer of ship unloaders, loaders and port material handling systems widely used in bulk terminals. Comparable to Andvare's transhipment and port shiploading capability, particularly relevant given Andvare's Baffinland and port authority engagements and its lightweight transhipment plant design.
• TAKRAF (via Tenova): Specialist in bulk materials handling systems including conveyors, stackers, reclaimers and shiploaders, plus transhipment solutions. Highly comparable to Andvare's engineering services and materials handling offering, and is one of the closest direct competitors in the niche of integrated mining materials handling equipment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries4 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 Andvare Group