EPC Group Secures Two Mining Contracts in Canada Worth Over 67 Million Euros
The Canadian subsidiary of EPC Group has secured a four-year contract with IAMGOLD for the Coté Gold mine in Ontario, valued at over 67 million euros, according to the press release. The group has also extended its partnership with Iron Ore Quebec for an additional four years.
Long-Term Contract with IAMGOLD
EPC Canada has won a long-term contract with IAMGOLD concerning the supply of explosives and mining services at the Coté Gold mine in Ontario, the company reports. Valued at over 100 million Canadian dollars, approximately 67 million euros, this four-year contract was awarded following a competitive tender process. The group notes that it has been present on the site for just over a year to support the ramp-up of production. The contract scope includes the supply of explosives and accessories from a dedicated plant, logistics, and on-site delivery, as well as the execution of mining operations. According to Olivier Vandenabelle, Director of the Americas region for the group, this contract demonstrates EPC Canada's ability to offer solutions that meet the demands of the mining industry. The group also highlights its simulation software for blasts, which helps optimize the amount of explosives used.
Extended Partnership with Iron Ore Quebec
EPC Canada and Iron Ore Quebec have agreed to extend their strategic partnership for on-site emulsion production for an additional four years, according to the press release. This extension includes the modernization of logistics and production lines to make them more efficient and flexible, the company specifies. The group indicates that this contractual evolution reflects the renewed confidence of the client in EPC Canada's ability to support its long-term growth. Additionally, the press release mentions that EPC Canada established a strategic partnership with a North American ammonium nitrate supplier in December 2025. The company also has a solution for importing nitrate by sea, these various solutions aim to secure its raw material supply chains and ensure business continuity for mining sector clients, according to the group.
Strengthening Market Position in Canada
Through these two contracts, EPC Canada confirms its positioning in the Canadian mining market, according to the press release. The group indicates that this momentum is part of its international development strategy and contributes to strengthening its contract portfolio. Olivier Obst, CEO of EPC Group, emphasized that these projects illustrate the group's capability to support major clients in the sector. EPC Group, listed on Euronext under the code EXPL, is presented as one of the global leaders in the manufacture, storage, and distribution of explosives. The group reported a turnover of over 550 million euros in 2024 and employs more than 2,900 staff across 44 subsidiaries in over 29 countries, according to the company. The group is also active in demolition and recycling of construction waste in France.
