Intertek Acquires LME Approved LSI Metals Assay Laboratory
ROTTERDAM, Netherlands–(BUSINESS WIRE)–Intertek, a leading provider of quality testing, inspection and safety
services to a wide range of industries around the world, has acquired
Dutch metals testing Laboratory Services International B.V. (LSI).
“There are
attractive market advantages for LSI inside the Intertek organization.
LSI has a reputation for strong management and technical credibility in
non-ferrous metal and concentrate assaying services. When combined with
Intertek’s global inspection services network, opportunities for
expansion are created.”
LSI, a London Metal Exchange (LME) approved assay facility, provides
exchange and umpire analysis services for non-ferrous metals and
concentrates as well as ferro-alloys. Registered in the Netherlands, LSI
services producers, traders and end users of metals and minerals with
high quality commercial settlement analytical services on a global
basis. The LSI acquisition provides Intertek immediate entry into the
global non-ferrous metals and metals concentrate as well as ferro-alloy
inspection and testing market.
As a commercial non-ferrous metals and metal concentrate testing
facility, LSI gives Intertek a European based, LME approved, 3rd party,
independent party assay exchange and umpire assay facility.
LSI provides party assay exchange assay and umpire laboratory services,
using advanced instrumental techniques (XRF, ICP), classical procedures
(wet chemistry) and “fire assay” to determine metal purities and
concentrations, producing impartial data which is used by clients for
commercial settlement purposes.
John Fowler, Vice President, Global Minerals, said, “There are
attractive market advantages for LSI inside the Intertek organization.
LSI has a reputation for strong management and technical credibility in
non-ferrous metal and concentrate assaying services. When combined with
Intertek’s global inspection services network, opportunities for
expansion are created.”
Jay Gutierrez, Executive Vice President, Commodities, said, “With LSI
now part of Intertek’s global minerals operations team, a smooth
integration with our global inspection and testing services is underway.
LSI’s technical and managerial expertise in commercial assays will
strengthen and broaden the capabilities of the Intertek minerals trade
team.”
Learn more about Intertek’s Minerals and Metals services:
About Intertek
Intertek is a leading provider of quality and safety solutions serving a
wide range of industries around the world. From auditing and inspection,
to testing, quality assurance and certification, Intertek people add
value to customers’ products and processes, supporting their success in
the marketplace. With a network of more than 1,000 laboratories and
offices and 33,000 people in over 100 countries, Intertek helps clients
meet end requirements for quality, health, environmental,
sustainability, safety and social accountability. www.intertek.com
About LSI
Founded in March 1994 by Dr. Brian Studd, LSI provides non-ferrous
metal, ferro-alloys and metal concentrates commercial settlement assays
to miners, producers, traders and end consumers. LSI was the first
non-British laboratory to be listed by the London Metal Exchange (LME)
in 1998, and now serves over 200 clients worldwide. www.lsi-assays.com
