Downer EDI

Technology company Track’em has secured a 12-month contract with Downer, which will use its cloud-based software for operations on an LNG asset in Western Australia.

Shares in national contracting groups CIMIC and Downer have plummeted more than 20 per cent after the companies reported significant write-downs and higher costs respectively.

The renewal of four major contracts with Fortescue Metals Group and Rio Tinto has maintained Sodexo’s status as the largest operator in the state’s facilities management sector.

Mining services provider Perenti Global says it is considering buying Downer EDI's mining servicing business, but dismissed a report of a $700 million offer.

The Metronet rail rollout could cost about $2 billion more than first estimated, as the state government gets shovels moving on projects amid delays.

NSW-based contractor Downer has secured the road portion of works for the Denny Avenue level crossing removal in Kelmscott, ahead of Perth construction company Decmil.

Perenti Global said it was on track to meet its earnings guidance for the full financial year despite problems in its African business denting first-half results.

Infrastructure group Downer EDI's possible sale of its mining business to Perenti Global has been suspended due to the market volatility caused by the coronavirus pandemic.

Perth technology company Track’em has been awarded its second contract with Downer this year for the provision of its cloud-based asset tracking software.

Perth’s top corporate lawyers have been busy helping their clients navigate the fallout from COVID-19.

Two consortia, led by major contractors Laing O'Rourke and CPB Contractors, have been shortlisted to build the Morley-Ellenbrook Line, but the decision has sparked competing claims about the opportunity for local firms to participate.

The biggest player in Australia’s litigation funding market has supported new licensing rules proposed by the federal government while also pushing for the new requirements to be extended to law firms.

Downer has secured a $450 million contract with Fortescue Metals Group for early mining and maintenance services at the Eliwana iron ore mine in the Pilbara.

Engineering contractor Downer has been awarded contracts worth $420 million to maintain roads in South Australia's Metropolitan Zone and Regional North Zone.

Snowden has become the latest Perth-founded mining service to change ownership after being purchased by Datamine, a subsidiary of Canadian company Vela Software.

Downer expects to report a full-year statutory net loss of $150 million-$160 million after recognising charges worth $386 million on account of goodwill impairment, restructuring and portfolio review costs.

Industrial services provider Downer has been awarded $324 million in contracts with the likes of BHP, Santos and Wesfarmers across the electricity, oil, gas and industrial sectors.

The ACCC has raised concerns with the prospective merger of two of Australia’s largest laundry businesses, arguing it may substantially reduce competition across the sector.

South Pacific Laundry will no longer proceed with its contested acquisition of Spotless Laundries.

Contractor Downer EDI is selling 70 per cent of its laundries business to a private equity firm for $155 million.

Perth-based contractor MACA is in talks to buy Downer’s mining services division, while IGO is reportedly considering a $2 billion deal with China’s Tianqi Lithium Corporation.

Perth-based Veris has been subcontracted for works at the Royal Australian Navy’s military base in Western Australia, while also winning projects in Victoria and NSW.

Six preferred bidders have been announced for three Metronet projects, including consortiums led by Downer EDI and Laing O’Rourke for the $481 million Byford rail extension.

Steel manufacturer InfraBuild is the latest company to be awarded a Metronet-associated contract, supplying steel parts for the construction of new railway lines.

Alcoa of Australia has been hit with one of the largest workplace safety fines handed down in Western Australia after a contractor fell to his death at the company’s Kwinana alumina refinery.

Welshpool-based MACA has completed its acquisition of Downer EDI’s mining services business, which includes contracted work on major operations in Western Australia.

UK-based contractor Laing O’Rourke has won two infrastructure projects collectively worth more than $600 million – a major upgrade to Great Eastern Highway and replacement of the Fremantle traffic bridge.

A Perth girl has launched legal action against the Housing Authority, Western Power, Synergy and engineering consultancy Downer EDI after she received a catastrophic electric shock that left her with severe brain injuries.

Downer EDI has continued its shift from the mining services sector after announcing the sale of its tyre management business in WA.

Strandline Resources has contracted Primero Group, now a wholly owned subsidiary of NRW Holdings, to build processing facilities for the $260 million Coburn mineral sands project in WA.

Four companies, including Downer EDI and Fulton Hogan, have won new contracts from NBN Co as part of the provider’s move to update the network.

NSW's Downer EDI has sold its remaining mining services assets to a joint venture that includes Perth-based AvidSys Group for $150 million in cash.

Unemployment is at record lows in WA, but pressure from mass resignations and outbound travellers is looming.

An in-depth study profiling indigenous employment practices in Australia has thrown down a challenge.

Alinta has lost its bid to question a key witness in its dispute with contractor Downer EDI, as the energy giant fends off claims it interfered in the pair’s $165 million Chichester project deal.

MACA is seeking damages from Karara Mining over claims it is harboring infrastructure set up as part of a $920 million mining services deal for the miner's magnetite project east of Geraldton.

Alinta Energy has failed in its bid to stop pre-action discovery in an ongoing legal clash with Downer EDI over the $165 million Chichester Solar Gas project.

A further $180 million of cost overruns have been notched up across two Metronet railway contracts.

About $5 billion is being spent on WA infrastructure projects that have costs exceeding their proposed community benefits.

Fortescue will splash more than $4 billion developing and buying 475 electric mining machines from Liebherr to replace two thirds of its fleet