Clough's administrators say they have fielded “multiple enquiries” from interested suitors after securing short-term funding to pay workers on projects caught up in the Perth engineer's collapse.
Mark Pownall and Mark Beyer discuss Clough, cost pressures, Urbis' apartment report, interest rates, federal EPA, Harry Hoffman, Dave Kelly and preview the next edition of Business News.
Mitsui & Co says it is confident of finding a workable solution for its Waitsia gas project as the share price of its joint venture partner Beach Energy continues to slide.
Clough's collapse into voluntary administration could set back a planned $6.4 billion urea project in the Pilbara by months, Regional Development Minister Alannah MacTiernan has said.
Italy's Webuild has backed out of a conditional deal to buy struggling engineer Clough, plunging the 102-year old Perth-based company into administration.
Mark Pownall and Mark Beyer discuss Clough, Mrs Macs, BGC, a film studio in Malaga, Alannah MacTiernan, industrial relations, Liberal Party WA, Sharon Warburton and WA's biggest accountants.
Italian contractor Webuild has struck a deal to buy engineering company Clough with a cash payment of just $500,000 and cancellation of a big inter-company loan.
Aspiring vanadium producer TNG has confirmed a significant increase in costs for its Mount Peake project but neither the company or its lead contractor Clough know by how much.
Murray & Roberts has fuelled speculation it is looking to sell Perth-based Clough by disclosing it is likely to suffer a loss this year and is reviewing “strategic options”.
Our weekly appointments wrap includes Brent Maas, Kelsie Prabawa-Sear, Audrey Zibelman, Stephen Hall, Paul Everingham, Alex Allan, Jane Fraser and Barry Winmar.
UPDATED: US engineering giant Fluor has been contracted to deliver a $1.2 billion rare earths refinery in WA while Perth firm Clough has been selected for a big vanadium project.
Perdaman has inked a fresh deal for the construction of its $4.5 billion Urea plant after challenging market conditions and logistical issues sent costs climbing by $300 million.
Clough has moved to expedite its mammoth $150 million claim against Rio Tinto's Hamersley Iron after accusing the mining giant of simply kicking the can down the road.
Perth-based engineering company Clough has dismissed speculation that it has any funding issues or was at odds with the federal government over the Snowy 2.0 hydroelectricity project.
Asbestos contamination at the site of rail works was downplayed by Rio Tinto subsidiary Hamersley Iron, two rail contractors have alleged in a lawsuit.
Clough and Acciona's Coleman Rail have launched a $150 million lawsuit against Rio Tinto subsidiary Hamersley Iron for rail works, over allegations the mining giant engaged in “misleading and deceptive conduct”.
Perdaman Group is another step closer to building its $4.3 billion urea plant on the Burrup Peninsula, after the plan was unanimously approved by the regional planning body.
Plans for Perdaman Group's 2 million tonne urea plant on the Burrup Peninsula have been recommended for approval at a development assessment meeting next week.
One of Western Australia's most successful engineers, business leaders and philanthropists has passed away at the age of 95. True to form, he was at his desk just two days ago.
Listed contractor Lycopodium has secured work on Talison Lithium's Greenbushes project in WA, while Clough has been appointed to TNG's Mount Peake project in the Northern Territory.
The state's peak environmental body has thrown its support behind Perth-based Perdaman Industries' $4.3 billion Burrup urea project, recommending the proposal be approved.
Geraldton-based Garla Barna Civil & Mining has been subcontracted by engineering and construction giant Clough for work on the Waitsia gas field in the Perth Basin.
Engineering company Clough and its former directors have lost their bid to have amendments to Forge Group's $200 million claim against them struck out, as the legal battle enters its third year.
