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Mine Extraction Device Pty Ltd holds all the intellectual property for the Mine Extraction Device (“MED”). The MED is an asset that is well known throughout the Australian mining industry for its ability to extract buried or bogged equipment quickly and safely in underground mines
EAC Partners advises on the sale of Mine Extraction Device Pty Ltd to Elphinstone Pty Ltd.
Elphinstone Pty Ltd (Elphinstone) acquired MED Pty Ltd in March 2023.
Mine Extraction Device Pty Ltd holds all the intellectual property for the Mine Extraction Device (“MED”). The MED is an asset that is well known throughout the Australian mining industry for its ability to extract buried or bogged equipment quickly and safely in underground mines.
Elphinstone is a mining services company that is a manufacturer and supplier of quality mining equipment for the global underground and surface mining industries. The firm is based in Burnie, Australia.
EAC Partners was the exclusive financial adviser to Mine Extraction Device Pty Ltd.
