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Released February 02, 2024 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Tetra Tech Incorporated (NASDAQ:TTEK) (Pasadena, California) continues to ride the wave of demand from both sides of the energy spectrum. The engineering and consulting firm has a hand in mining projects for copper and lithium, which are needed for the renewables market, and is at work on pipelines to carry fossil fuels such as natural gas. Industrial Info is tracking more than $50 billion worth of active and planned projects involving Tetra Tech worldwide, including more than $22 billion worth in the U.S. and Canada that have a 70% or higher probability of beginning construction as currently scheduled.
Click on the image at right for a graph detailing the top 10 parent companies globally for projects featuring Tetra Tech's services, by total investment value.
Mining accounts for more projects involving Tetra Tech than any other industrial sector--and nearly half of the $50 billion-plus total investments. About 40% of the mining-related spending is attributed to projects considered less than 70% likely to kick off as planned, but the remainder include high-profile projects like Seabridge Gold Incorporated's (NYSE:SA) (Toronto, Canada) much-anticipated Kerr-Sulphurets-Mitchell (KSM) Gold-Copper Mine north of Stewart, British Columbia, for which Tetra Tech is contracted to provide design-engineering services. The mine is designed to extract 1 million ounces per year of gold, 178 million pounds per year of copper, 4.2 million pounds per year of molybdenum and 3 million ounces per year of silver over a 33-year mine life.
Seabridge began exploratory activity at the site in 2006, when gold was the main attraction; since then, copper's crucial role in the global energy transition likely has made it the main attraction. KSM is believed to have the third-largest undeveloped copper resource globally and the largest gold resource, according to Mining Technology. Seabridge recently applied to the British Columbia Environment Assessment Office to obtain "Substantially Started Status" on the project, which is necessary for KSM's environmental assessment certificate to remain valid beyond mid-2026. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can learn more from a detailed project report and plant profile.
On the energy side, Tetra Tech is serving as an environmental consultant on one of the nation's most visible long-term projects: Equitrans Midstream's (NYSE:ETRN) (Pittsburgh, Pennsylvania) Mountain Valley Pipeline (MVP). Specifically, Tetra Tech is attached to two of the stretches of the pipeline and three compressor stations across West Virginia. Subscribers can click here for a list of detailed reports for MVP projects featuring Tetra Tech.
Last year, Tetra Tech completed its $691 million acquisition of environmental consulting firm RPS Group (Abingdon, England), the largest in its 57-year history. Industrial Info is tracking $1.7 billion worth of active and planned projects involving RPS, including major waste-to-energy and battery energy-storage system (BESS) projects across the United Kingdom. Subscribers can click here for a list of detailed reports for projects featuring RPS.
In the U.S. market for BESS projects, Tetra Tech already is working with Capital Power Corporation (Edmonton, Alberta) on its proposed Nolin Hills project in Pendleton, Oregon, which received its site certificate last year from the Oregon Energy Facility Siting Council. The multi-phase project includes a 350-megawatt (MW) windfarm, 130-MW solar plant and 120-MW BESS. Subscribers can read detailed reports on Nolin Hills' windfarm and solar and BESS phases.
Other projects for which Tetra Tech is serving as an environmental consultant include IKO Industries Limited's (Calgary, Alberta) asphalt roofing shingles plant in Jacksonville, Florida; about 35 miles east, it is performing engineering services for the Jacksonville Port Authority's Talleyrand Marine Terminal Warehouse, a 150,000-square-foot, pre-engineered metal building to be used for bulk storage. Subscribers can read detailed project reports on the shingles plant and terminal warehouse.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects featuring Tetra Tech.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
Click on the image at right for a graph detailing the top 10 parent companies globally for projects featuring Tetra Tech's services, by total investment value.Mining accounts for more projects involving Tetra Tech than any other industrial sector--and nearly half of the $50 billion-plus total investments. About 40% of the mining-related spending is attributed to projects considered less than 70% likely to kick off as planned, but the remainder include high-profile projects like Seabridge Gold Incorporated's (NYSE:SA) (Toronto, Canada) much-anticipated Kerr-Sulphurets-Mitchell (KSM) Gold-Copper Mine north of Stewart, British Columbia, for which Tetra Tech is contracted to provide design-engineering services. The mine is designed to extract 1 million ounces per year of gold, 178 million pounds per year of copper, 4.2 million pounds per year of molybdenum and 3 million ounces per year of silver over a 33-year mine life.
Seabridge began exploratory activity at the site in 2006, when gold was the main attraction; since then, copper's crucial role in the global energy transition likely has made it the main attraction. KSM is believed to have the third-largest undeveloped copper resource globally and the largest gold resource, according to Mining Technology. Seabridge recently applied to the British Columbia Environment Assessment Office to obtain "Substantially Started Status" on the project, which is necessary for KSM's environmental assessment certificate to remain valid beyond mid-2026. Subscribers to Industrial Info's Global Market Intelligence (GMI) Metals & Minerals Project and Plant databases can learn more from a detailed project report and plant profile.
On the energy side, Tetra Tech is serving as an environmental consultant on one of the nation's most visible long-term projects: Equitrans Midstream's (NYSE:ETRN) (Pittsburgh, Pennsylvania) Mountain Valley Pipeline (MVP). Specifically, Tetra Tech is attached to two of the stretches of the pipeline and three compressor stations across West Virginia. Subscribers can click here for a list of detailed reports for MVP projects featuring Tetra Tech.
Last year, Tetra Tech completed its $691 million acquisition of environmental consulting firm RPS Group (Abingdon, England), the largest in its 57-year history. Industrial Info is tracking $1.7 billion worth of active and planned projects involving RPS, including major waste-to-energy and battery energy-storage system (BESS) projects across the United Kingdom. Subscribers can click here for a list of detailed reports for projects featuring RPS.
In the U.S. market for BESS projects, Tetra Tech already is working with Capital Power Corporation (Edmonton, Alberta) on its proposed Nolin Hills project in Pendleton, Oregon, which received its site certificate last year from the Oregon Energy Facility Siting Council. The multi-phase project includes a 350-megawatt (MW) windfarm, 130-MW solar plant and 120-MW BESS. Subscribers can read detailed reports on Nolin Hills' windfarm and solar and BESS phases.
Other projects for which Tetra Tech is serving as an environmental consultant include IKO Industries Limited's (Calgary, Alberta) asphalt roofing shingles plant in Jacksonville, Florida; about 35 miles east, it is performing engineering services for the Jacksonville Port Authority's Talleyrand Marine Terminal Warehouse, a 150,000-square-foot, pre-engineered metal building to be used for bulk storage. Subscribers can read detailed project reports on the shingles plant and terminal warehouse.
Subscribers to Industrial Info's GMI Project Database can click here for a full list of detailed reports for projects mentioned in this article, and click here for a full list of related plant profiles.
Subscribers can click here for a full list of reports for active and planned projects featuring Tetra Tech.
Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) platform helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 trillion (USD).
