Global Presence Foraco operates in 23 countries across five continents, offering substantial opportunities to expand client relationships and tailor services for diverse mineral and water projects worldwide.

Innovative Leadership Receiving the 2024 'Innovation of the Year' award highlights Foraco's commitment to technological advancement, presenting opportunities to leverage their innovative rigs and solutions to attract clients seeking cutting-edge drilling services.

Major Contract Wins Securing a $110 million contract with Rio Tinto demonstrates Foraco's capability to handle large-scale projects, indicating potential for growth in high-value client engagements in resource extraction sectors.

Recent Asset Investments Investments of approximately $3.91 million in property, plant, and equipment show ongoing expansion and modernization efforts, which can be leveraged to promote upgraded services and attract clients prioritizing operational efficiency.

Technological Collaborations Partnerships like that with Ultratechpipe highlight Foraco’s focus on advanced product design and technical innovation, offering prospects to introduce specialized drilling solutions tailored to high-tech and industrial markets.