Monadelphous has flagged lithium, gold, copper and nickel as prospective areas to secure future contracts for the company, off the back of almost $1 billion in revenue for the first half of the 2021 financial year.
BHP chief executive Andrew Mackenzie has declared the South Flank iron ore project in the Pilbara, Western Australia 50 per cent complete.
WestStar Industrial subsidiaries SIMPEC and Precast Australia have continued to pile up top tier contracted works such as the South Flank iron ore project in the Pilbara, Western Australia.
Rio Tinto has awarded more than $60 million of contracts to Aboriginal businesses to develop the Koodaideri iron ore project in the Pilbara, Western Australia.
Fortescue Metals Group has awarded two contracts to the value of $179 million to Aboriginal businesses for work at the Solomon Hub iron ore operation in Western Australia.
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SIMPEC has secured more than $5 million in scope extensions with MSP Engineering and Iluka in Western Australia, solidifying a $48 million contract portfolio during the 2019 financial year.
NRW Holdings subsidiary Action Drill & Blast has been awarded two Western Australian contracts worth a combined $24.5 million by leading miners, Talison Lithium and BHP.
Capricorn Metals and Adaman Resources have named SMS Mining Services as the preferred contractor for their gold projects in Western Australia.
Mining services company NRW Holdings has been on a contract winning streak this year. The company’s tender work has been so fruitful that it now has an order book at near-record levels of $2.05 billion.
MACA has picked up a trio of contracts or extensions at Western Australian projects.
The rebound in market conditions in the resources industry is driving an improvement in engineering company Monadelphous’ performance.
Monadelphous has secured new maintenance and construction work in the resources industry worth $220 million.
Collapsed contractor Brierty has been stripped of its major mining contracts, including a $300 million job it was awarded by Rio Tinto in the Pilbara three years ago.
Australian energy services group Valmec has continued to build its order book, securing new and additional contracts worth approximately $11.2 million.
Contracts in the gold sector are driving the performance of mining services group, Ausdrill.
Engineering company Monadelphous has been awarded several contracts in the mining and resources industries worth a combined value of around $55 million.
Downer has secured five contracts worth more than $250 million for mining services at several operations sites.
Gina Rinehart’s Roy Hill iron ore project has awarded $3 billion worth of contracts for the development of the mine as the company moves closer to securing the $7 billion needed for its future.