- Business
- Lycopodium Limited is an engineering and project management consultancy providing specialized services primarily to the resources, industrial processes, and infrastructure sectors. The company offers a comprehensive range of services including feasibility studies and advisory; process development and optimization; multidisciplinary engineering and design; project management; process control and optimization; and the supply of innovative mineral processing equipment. It delivers engineering, procurement, and construction (EPC) and engineering, procurement, and construction management (EPCM) solutions, tailored to client needs across diverse industries such as mining, manufacturing, renewable energy, pharmaceuticals, and chemical processing. Lycopodium operates globally with significant presence in Australia, Southeast Asia, and expanding footprints in Latin America and North America. Founded in 1967 and headquartered in Perth, Western Australia, the company serves extractive mining, industrial, and infrastructure markets through its subsidiaries and offices internationally.
Recently, Lycopodium Limited expanded its global reach and service capabilities by acquiring a 60% majority stake in SAXUM, an Argentina-based engineering firm, for US$7.1 million. This strategic acquisition, completed in early 2025, enhances Lycopodium’s engineering service offerings and establishes a material presence in Latin America, complementing its existing operations in Lima and supporting future expansion into the US market. Lycopodium retains the SAXUM brand with management continuity, allowing it to strengthen its competitive positioning and diversify its client base globally. The company also continues to advance new contracts and projects, including recent awards for engineering, procurement, and construction management contracts in the resources sector such as for the Twin Hills Gold Project in Namibia. Lycopodium emphasizes sustainable engineering practices as evidenced in its FY2025 Sustainability Report, reflecting commitment to responsible project execution.
Lycopodium’s main business segments include: Resources, offering engineering and related services to the mining industry; Industrial Processes, focusing on manufacturing, renewable energy, and chemical production facilities primarily in Australia and Southeast Asia; and Rail Infrastructure, delivering asset management, engineering, architectural, and project delivery services across Australia. The company is known for combining science-driven innovation with engineering expertise to commercialize complex multidisciplinary projects from concept development through construction and commissioning, catering to a diverse global customer base. Lycopodium operates as a publicly traded entity on the Australian Securities Exchange under ticker LYL. Its broad suite of professional services and recent strategic moves underscore its role as a leading international engineering consultancy in resource and industrial project delivery.