The past 12 months have been an upwards journey for construction and engineering company SRG Global (ASX: SRG). Following an $80 million contract with two US companies, SRG has secured another win as its aboriginal joint venture “Bugarrba” gains a five-year term contract with Aussie mining giant Fortesue’s Iron Bridge site, worth $40 million. The
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When it comes to construction, rising raw material expenses have plenty of builders under pressure but engineering company SRG Global (ASX: SRG) seems to have found a somewhat simple solution to the industry pressure – just work for those with bottomless cheque books. Ok, it might not be as simple as it sounds but that
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In a big show of confidence towards resources tech company K2fly (ASX: K2F), global mining company Fortescue Metals Group (ASX: FMG) has extended their engagement by 3-years which includes plans to streamline operations onto K2fly software. The contract extension is valued at $1.45 million over the three years and will take the partnership into its
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Australia’s most significant resources project is set to be hooked up to 5G with Veris (ASX: VRS) winning the $2 million contract to design a tech solution that will connect Fortescue’s enormous magnetite project to the rest of the world. The contract was awarded to wholly owned Veris subsidiary, Aqura Technologies which is carving out
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Engineering and construction company Civmec (ASX: CVL) has been awarded a key contract at the Iron Bridge Project, Australia’s largest magnetite resource, owned by joint venture partners Fortescue Metals (ASX: FMG) and Formosa Steel. The contract will see Civmec’s Metals & Minerals division construct structural concrete components for the Project’s dry plant which will include
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