News Articles

Energy 01 Nov 2023

Pilot, Samsung strike $67m deal

Junior ASX company Pilot Energy has struck a conditional partnership agreement with South Korean engineering giant Samsung but failed to impress the market, with its shares falling sharply today.

Energy 01 Aug 2023

$10bn hydrogen plan for Mid West

A South Korean consortium is aiming to build a hydrogen project at Narngulu industrial estate near Geraldton, saying it can't wait for land at Oakajee to be developed.

Energy 11 Jul 2023

Korean support for green energy project

Korea's largest electricity utility has signed an early agreement with the backers of the Western Green Energy Hub, one of several giant renewable energy projects mooted for WA.

Deals 15 Jun 2023

Progress on Northam hydrogen plant

Renewable energy hopeful Infinite Green Energy and Samsung C&T Engineering & Construction Group have recruited a third partner to develop a proposed hydrogen project in Northam.

Energy 17 May 2023

Samsung, Infinite plan $4.8bn hydrogen project

Perth company Infinite Green Energy has linked up with South Korea's Samsung C&T to pursue the development of a world-scale hydrogen plant just south of Dongara.

Bulls N' Bears 21 Jul 2022

Zimi achieves greater adoption, kicks off growth plan

Smart home technology company Zimi has seen record device pairings in three of the last four months which the company says shows an accelerated market adoption as it prepares to launch into an adjacent smoke detection market. Zimi estimates the global smoke detector market will grow to about US$3 billion in five years.

Mining 03 Mar 2020

Roy Hill contractor into administration

The Australian subsidiary of Spanish engineering contractor Duro Felguera has been placed into voluntary administration after becoming mired in multiple legal disputes related to construction of the Roy Hill iron ore project.

Oil & Gas 19 Jun 2018

Contracts awarded for Barossa gas project

ConocoPhillips has set up a design competition between two engineering groups led by Technip Oceania and MODEC for the key facilities at its Barossa gas project in the Timor Sea while WorleyParsons subsidiary Intecsea has been awarded a separate contract for subsea infrastructure.

Contracts 08 May 2018

Court imposes $20m freeze order on Roy Hill contractor

Spanish-owned contractor Duro Felguera Australia, which is involved in multiple legal disputes arising from its work on big resources projects, has been ordered to set aside $20 million because of concerns it would not be able to pay potential claims.

Mining 04 Oct 2017

Roy Hill hits 55mtpa rate

The state's largest iron ore mine Roy Hill hit its nameplate capacity for the first time last month, according to Roy Hill Holdings chief executive Barry Fitzgerald, while the exact cost of the project so far has been revealed.

Mining 14 Oct 2016

Split scores in Samsung, Duro court battle

The head contractor on the Roy Hill project has won two out of five determinations in the latest instalment in its legal dispute with sub-contractor Duro Felguera today, but Samsung C&T was still told to pay Duro $12 million out of more than $60 million that had been sought.

Mining 21 Jul 2016

Samsung ahead in contract dispute

Laing O'Rourke had a pyrrhic victory in the Court of Appeal today, when it managed to overturn a previous adverse ruling but it appears the construction contractor still won't be getting the $45 million it was awarded by an adjudicator in 2015.

Mining 18 Jul 2016

Legal potential in mine disputes

The mining sector is still providing abundant work opportunities for law firms, from contract disputes to potential private equity acquisitions.

Mining 07 Jul 2016

Duro anger at Samsung stall

Spanish contractor Duro Felguera has suspended ongoing obligations to Samsung C&T, after the Roy Hill project head contractor refused to pay out on five recent court adjudications.

Mining 28 Jun 2016

Duro in jurisdiction win

Spanish contractor Duro Felguera has won a legal battle with Samsung C&T over the jurisdiction of a contractual dispute for work on the $10 billion Roy Hill project, with the next stage to play out infront of Singaporean arbitrators.

Contracts 18 Feb 2016

NRW in Forrestfield Link win

Perth contractor NRW Holdings has had a major boost, with the state government selecting the company's joint venture with Italy's Salini Impregilo as preferred contractor for the $2 billion Forrestfield-Airport Rail Link.

Mining 15 Feb 2016

Battle on for mining contractors

Special Report: Falling commodity prices have led some mining contractors to circle the wagons, but others are cautiously targeting opportunities.

Mining 10 Feb 2016

Roy Hill enters ramp up phase

Iron ore miner Roy Hill has officially taken control of its mine, rail and port operations in the Pilbara from lead construction contractor Samsung C&T, with the company now commencing ramp-up of production to target the nameplate 55 million tonnes per annum capacity.

Mining 08 Dec 2015

Clough facing $200m claim

The liquidators of failed engineering contractor Forge Group have gained financial backing to pursue a claim worth about $200 million against Forge's former major shareholder.

Mining 04 Dec 2015

Roy Hill forced to arbitration with Samsung

A third-party arbitrator will be called in to settle a dispute between Gina Rinehart's Roy Hill Holdings and its key construction contractor, Samsung C&T.

Infrastructure 20 Nov 2015

Cimic wins $1.5bn contract

CIMIC Group's construction arm, Leighton Contractors, has secured a $1.5 billion contract to design and build Sydney's new M5 Motorway.

Mining 10 Nov 2015

NRW, Samsung reach $30m settlement

NRW Holdings has accepted a payment of $30 million to settle its dispute with Samsung C&T over work on the Roy Hill iron ore project, despite having been awarded $35 million through adjudications under the Construction Contracts Act.

Mining 08 Oct 2015

NRW skyrockets on court wins

Shares in NRW Holdings have nearly doubled in value after the company lifted a trading suspension following two wins in the Supreme Court of Western Australia in its dispute with Samsung C&T.

Mining 06 Oct 2015

NRW has win over Samsung

NRW Holdings has had a legal win over Samsung C&T, with the Supreme Court upholding a $17 million adjudication in favour of the Perth-based contractor.

Infrastructure 18 Sep 2015

Downer adds to fallout

The legal fallout from big resources and infrastructure projects continued to mount this week, when Downer terminated its contract on a $1 billion-plus ammonium nitrate plant in the Pilbara.

Energy 16 Sep 2015

Downer walks off $US800m project

Downer has terminated its contract with Spanish construction company Tecnicas Reunidas on the Burrup ammonium nitrate project, joining a string of contractors to be hit by contractual disputes on big projects over the past year.

Deals 01 Sep 2015

Big NRW loss caps tough reporting season

The last day of the profit reporting season delivered a few surprises for Western Australia-based mining services companies, with NRW Holdings incurring a bigger-than-expected loss, VDM Group shrinking at a rapid rate, Swick Mining Services showing some promise, and Resource Development Group staying in the black.

Cultural Industries 12 Jun 2015

Roy Hill launches $10m charitable foundation

Roy Hill Holdings, its business partners and project contractors, have set up a $10 million community foundation they say will offer a “unique” approach to delivering educational and cultural programs to Pilbara communities.

Infrastructure 04 Jun 2015

Roy Hill serves as springboard for Samsung

Roy Hill's lead, contractor Samsung C&T, has been awarded a $2.7 billion design and construction contract for a major motorway in Sydney, cementing its position as a player in major Australian infrastructure projects only two years after entering the market.