Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
Transfield Services has been awarded two engineering design and construction contracts in the Pilbara, Western Australia, worth a total of A$100 million. The contracts, with Rio Tinto and Fortescue Metals Group (FMG), integrate the expertise of Transfield Services’ specialist engineering design subsidiary, ICD, with the company’s construction capability. The contracts are: