Perth technology company Track'em has secured a new contract with Primero Group, which will use its cloud-based tracking technology for a major iron ore project in Western Australia.
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Engineering company Primero Group has secured further work with Rio Tinto under $20 million in contract variations, while at the same time maintaining its full-year earnings guidance.
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Primero Group has increased its order book to $195 million for the 2020 financial year after securing $100 million worth of engineering and construction contracts with Rio Tinto and Fortescue Metals Group.
Primero Group has secured three new construction contracts, including a $115 million arrangement with Rio Tinto, while also announcing a capital raising of $7.6 million.
Experienced trucking operator Craig Mitchell has formed a logistics joint venture with aspiring sulphate of potash producer Agrimin, seven months after he reached a similar agreement with budding iron ore miner Fenix Resources.
Uranium miner Paladin Energy has appointed Cliff Lawrenson as its non-executive chairman, after Rick Crabb announced his intention to step down from the role.
Kalium Lakes has awarded three gas infrastructure contracts valued at a combined $20 million, while Tianqi Lithium selected a contractor for $5 million worth of works.
A series of new contracts and extensions, including an early contractor involvement arrangement with Hazer Group, has brought Primero Group's forecasted FY19 revenue to approximately $150 million.
Agrimin has awarded Primero Group the engineering design contract for the process plant component of its $545 million Mackay sulphate of potash project.
Lithium producer Altura Mining has entered a trading halt, with a plan to raise about $30 million for working capital, a day after it reported production at its Pilgangoora processing plant was improving.
Primero Group has been selected as the preferred engineering, procurement and construction contractor for Adelaide-based Core Lithium's $53 million Finniss project near Darwin.
Processing plant problems at Altura Mining's Pilgangoora lithium mine have slowed output ramp-up, with about 24,000 tonnes of lithium shipped so far from the 220,000tpa facility, nearly six months after production began.
Monadelphous joint venture Zenviron has been awarded a contract with a wind farm group in regional Victoria, while Primero has announced new contracts worth $30 million.
SPECIAL REPORT: A significant uptick in the number of resources stock floats in WA mirrors a national trend driven by improved investor sentiment and rising commodity prices.
A boost in resources contracts has driven engineering firm Primero Group to a $5.2 million profit for the 2018 financial year, with the company forecasting a further increase in revenue next year.
Perth-based engineering firm Primero Group has appointed company director Mark Connelly as chairman and broking firm Cannacord Genuity as lead manager as its finalises plans for an initial public offering.
Aspiring lithium miner Tawana Resources has confirmed the award of a $30 million engineering procurement and construction contract to Primero Group for its Bald Hill project in the Goldfields.
Local contractor Primero Group is set to win its third major contract on a mining project this year while RCR Tomlinson has geared up to supply Rio Tinto's new iron ore mine.
Pilbara Minerals has awarded a $148 million contract to RCR Tomlinson for the engineering, procurement and construction of processing facilities at its Pilgangoora lithium project south of Port Hedland.
Galaxy Resources has pushed back the first shipment at its Mt Cattlin lithium mine after several delays and cost overruns, with the company's directors volunteering to fund any cash shortfall out of their own pockets.
Pilbara Minerals has shortlisted three engineering consortia for construction of the processing infrastructure at its Pilgangoora lithium development, while also appointing Engenium to assist in delivery of the project.
The long-running saga of the Windimurra vanadium project has taken a new turn, with listed company Atlantic pitching a low-ball offer to buy the $560 million development from one of its own subsidiaries.
The receivers who took charge of the Windimurra vanadium project in February have put the trouble-plagued mine up for sale, with Gresham Advisory Partners appointed to find a buyer.
Engineering construction contractor Primero Group has entered into the final stages of its contract to build the domestic gas meter station at Chevron's Wheatstone project.
Atlantic is using a big insurance payout to rebuild the Windimurra vanadium plant nearly a year after a fire forced the project to shut down, but the company still faces major operational and financial challenges.
Bhagwan Marine has been named the 2013 Business News Rising Stars award winner, capping off more than a decade of strong growth for the Geraldton-based company.
