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In June 2008, Macmahon made a hostile takeover bid for rival company Ausdrill Ltd. [1] In January 2013, MacMahon secured its largest ever contract from Fortescue Metals Group after it was awarded a $1.8 billion contract for the Christmas Creek mining operation's expansion. The five-year contract would deliver all aspects of mine operations ...
In 1996, the City of Johannesburg Metropolitan Municipality awarded tenders to Conrad Penny and his company Penny Brothers Brokers & Valuers (Pty) Ltd. for the valuation of the whole of Soweto (which at the time consisted of over 325,000 properties) for rating and taxing purpose. This was the single largest valuation ever undertaken in Africa.
The mine is owned by Hamersley Iron Pty Ltd, a fully owned subsidiary of Rio Tinto, which owns six mines in the Pilbara, including Mount Tom Price, and partly owns two more mines in the region. [12] The company is building a 45MW/12MWh battery as a virtual synchronous machine to control the mine's electricity grid.