Dale Elphinstone

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Dale Elphinstone
Born
Dale Brendon Elphinstone

1951 (age 7475)
Tasmania, Australia
EducationRidgley Area School
OccupationsEngineer, manufacturer, business executive
Years active1975–present
Employer Elphinstone Group
Known forFounder and executive chairman of the Elphinstone Group
TitleExecutive Chairman
Board member ofEngenco Ltd
Exergen Pty Ltd
SpouseCheryl Elphinstone
Children2
Awards Officer of the Order of Australia (AO)
Fellow, Australian Academy of Technological Sciences and Engineering (FTSE)
National Mining Hall of Fame (2024)

Dale Brendon Elphinstone AO FTSE (born 1951) is an Australian engineer, manufacturer and business executive. He is the founder and executive chairman of the Elphinstone Group, a privately held engineering and manufacturing company headquartered in north-west Tasmania. [1]

Contents

Elphinstone has been active in Australia’s mining equipment manufacturing sector since the 1970s. His career has included the formation of the Caterpillar Elphinstone joint venture in the 1990s, which was acquired by Caterpillar Inc. in 2000, and the subsequent re-establishment of Elphinstone-branded manufacturing following Caterpillar’s withdrawal from underground equipment production in Burnie, Tasmania. [2] [3]

According to independent wealth rankings, Elphinstone has been listed among Australia’s wealthiest individuals since at least 2010. In 2025, he was ranked 131st on Australia's Richest 250, with an estimated net worth of $1.29 billion. [4] [5]

Early life and training

In 1966, aged 15, he commenced an apprenticeship with William Adams, the Caterpillar dealer for Victoria and Tasmania. [6] After completing his trade qualifications, Elphinstone worked as a field service mechanic at mine sites across Tasmania and King Island. In 1973, he travelled overseas to work with Canadian Caterpillar dealer Finning. [7]

Business career

Elphinstone established Dale B Elphinstone Pty Ltd in 1975, laying the foundations for what later became the Elphinstone Group. The company expanded during the late 1970s and 1980s through the modification and manufacture of underground mining equipment, before entering a joint venture with Caterpillar in the mid-1990s. [2]

Following Caterpillar’s acquisition of the joint venture in 2000, Elphinstone continued his involvement in manufacturing and engineering enterprises. In the mid-2010s, he oversaw the re-establishment of Elphinstone as an independent original equipment manufacturer after Caterpillar relocated underground mining production from Tasmania. [3] [7]

Further detail on the company’s operations and products is covered in the article Elphinstone Group.

Philanthropy

Elphinstone has been involved in philanthropic activities, particularly within regional Tasmania. Reported contributions have included funding for medical imaging and radiation therapy equipment, delivered in partnership with the Tasmanian Government, as well as support for scholarships and community organisations. [7] [8]

Awards and recognition

Elphinstone was elected a Fellow of the Australian Academy of Technological Sciences and Engineering in 2003. [2]

In the 2019 Queen’s Birthday Honours, he was appointed an Officer of the Order of Australia (AO) for distinguished service to business and philanthropy in the manufacturing and resources sectors. [8]

In 2024, Elphinstone was inducted into the National Mining Hall of Fame and Museum in Denver, Colorado. [9]

Wealth

In 2010, the Australian Broadcasting Corporation reported that Elphinstone ranked among Australia’s wealthiest individuals on the BRW Rich List, with an estimated net worth of $515 million. [4]

In 2025, he was ranked 131st on Australia’s Richest 250, with an estimated net worth of $1.29 billion, according to Matthews Australasia Media. [5]

Sources

References

  1. "Dale Elphinstone". Engenco. Retrieved 20 January 2026.
  2. 1 2 3 "Dale Elphinstone AO FTSE". Australian Academy of Technological Sciences and Engineering. Retrieved 20 January 2026.
  3. 1 2 "Caterpillar to cut 280 jobs from Burnie plant as the company moves partly offshore". ABC News. 10 April 2015. Retrieved 20 January 2026.
  4. 1 2 "Three Tasmanians in top rich list". ABC News. 26 May 2010. Retrieved 20 January 2026.
  5. 1 2 "Australia's Richest 250 in 2025: The Manufacturers". Matthews Australasia Media. Retrieved 20 January 2026.
  6. "The Elphinstone Story". Elphinstone. Retrieved 20 January 2026.
  7. 1 2 3 "Elphinstone Group: 50 years of hard-rock mining innovation". International Mining. 7 October 2025. Retrieved 20 January 2026.
  8. 1 2 "'Career and personal highlight': Queen's Birthday honours list includes Tasmania's wealthiest man". ABC News. 10 June 2019. Retrieved 20 January 2026.
  9. "National Mining Hall of Fame to induct Class of 2024". Mining Engineering Online. 26 September 2024. Retrieved 20 January 2026.