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
Read MoreWhen 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
Read MoreIn 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
Read MoreAustralia’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
Read MoreEngineering 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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