{"id":3163,"date":"2018-12-04T12:20:44","date_gmt":"2018-12-04T01:20:44","guid":{"rendered":"http:\/\/yinghuiinternational.com\/?p=3163"},"modified":"2018-12-05T08:03:23","modified_gmt":"2018-12-04T21:03:23","slug":"rcr-tomlinson-administrators-reveal-debts-of-up-to-630m-from-collapsed-engineering-firm","status":"publish","type":"post","link":"https:\/\/yinghuiinternational.com\/index.php\/2018\/12\/04\/rcr-tomlinson-administrators-reveal-debts-of-up-to-630m-from-collapsed-engineering-firm\/","title":{"rendered":"RCR Tomlinson administrators reveal debts of up to $630m from collapsed engineering firm"},"content":{"rendered":"<div class=\"byline\">By\u00a0<a title=\"\" href=\"https:\/\/www.abc.net.au\/news\/kathryn-diss\/4960710\" target=\"_self\">Kathryn Diss<\/a><\/div>\n<p class=\"published\">Updated\u00a0<span class=\"timestamp\"><time class=\"relative undefined\" title=\"Tue 4 Dec 2018, 12:20am\" datetime=\"Tue Dec 04 2018 00:20:54 GMT+1100 (Australian Eastern Daylight Time)\" data-format=\"l\"><span class=\"noprint\">Tue at 12:20am<\/span><\/time><\/span><\/p>\n<div class=\"inline-content photo full\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/creditors-meeting-1\/10577784\"><img loading=\"lazy\" decoding=\"async\" title=\"RCR Tomlinson creditors meeting\" src=\"https:\/\/www.abc.net.au\/news\/image\/10577566-3x2-700x467.jpg\" alt=\"A line of about 30 people holding takeaway coffees and folders.\" width=\"700\" height=\"467\" \/><\/a><a class=\"inline-caption\" href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/creditors-meeting-1\/10577784\"><strong>PHOTO:<\/strong>\u00a0RCR Tomlinson creditors are owed hundreds of millions of dollars.\u00a0<span class=\"source\">(ABC News: Glyn Jones)<\/span><\/a><\/div>\n<div class=\"attached-content\">\n<div class=\"inline-content story left\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-11-24\/what-went-wrong-for-rcr-tomlinson\/10550716\"><strong>RELATED STORY:<\/strong>\u00a0It was a collapse that stunned many \u2014 so what went wrong for RCR Tomlinson?<\/a><\/div>\n<div class=\"inline-content story left\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-11-23\/rcr-tomlinson-administration-workers-and-projects-in-doubt\/10547688\"><strong>RELATED STORY:<\/strong>\u00a0&#8216;It&#8217;s going to destroy Christmas&#8217;: Workers lose thousands after RCR collapse<\/a><\/div>\n<div class=\"inline-content story left\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-11-22\/engineering-firm-rcr-tomlinson-goes-into-administration\/10544980\"><strong>RELATED STORY:<\/strong>\u00a0Engineering firm goes bust, thousands of jobs at risk despite $100m injection<\/a><\/div>\n<\/div>\n<p class=\"first\">The administrators of failed engineering firm RCR Tomlinson have revealed the company has debts totalling hundreds of millions of dollars, including up to $250 million owed to about 4,000 subcontractors and suppliers.<\/p>\n<div class=\"inline-content wysiwyg right\">\n<div class=\"inner\">\n<h2>Key points:<\/h2>\n<ul>\n<li>The engineering firm ran into trouble after an aggressive move into solar<\/li>\n<li>A total of $630 million is owed to creditors, subcontractors and suppliers<\/li>\n<li>The collapse came after a $100m injection of funds just three months ago<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>Administrators McGrathNicol revealed to creditors across the country that RCR&#8217;s total unpaid debts amounted to up to $630 million, but it could not say how much was recoverable until it started to sell off parts of the business.<\/p>\n<p>The company, which employed 2,800 people directly and engaged with thousands of subcontracting firms across dozens of projects around the country,\u00a0<a title=\"\" href=\"https:\/\/www.abc.net.au\/news\/2018-11-22\/engineering-firm-rcr-tomlinson-goes-into-administration\/10544980\" target=\"_self\">went into administration last month<\/a>\u00a0after its bank refused to lend it more money to pay its debts.<\/p>\n<p>At its peak in August last year, RCR Tomlinson was valued at almost $1 billion.<\/p>\n<p>Since McGrathNicol was appointed, the company&#8217;s workforce has reduced by 270, with most of the redundancies coming from the infrastructure arm, which includes its solar contracts.<\/p>\n<p>Employee entitlements excluding redundancy total $32 million. Under the Corporations Act, employees are paid first, followed by secured creditors, unsecured creditors and shareholders.<\/p>\n<div class=\"inline-content wysiwyg right\">\n<div class=\"inner\">\n<h2>RCR creditors \u2014 who is owed what<\/h2>\n<ul>\n<li>Trade creditors (subcontractors and suppliers) \u2014 $100-250 million<\/li>\n<li>Secured creditors \u2014 $235 million<\/li>\n<li>Unsecured bond issuers \u2014 $113 million<\/li>\n<li>2,800 employee entitlements totalling $32 million, excluding redundancy<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<h2>Burned by solar<\/h2>\n<p>McGrathNicol partner Jason Preston told creditors initial investigations revealed the company&#8217;s collapse was largely caused by problems with its solar farm developments, which left the business exposed to a number of risks, particularly if there were project delays.<\/p>\n<p>This was attributed to the way in which the contracts were structured.<\/p>\n<p>RCR signed engineering procurement and construction contracts, or EPCs, for its solar projects, in which it <span style=\"color: #ff6600;\">provided a fixed price for its customers<\/span>.<\/p>\n<p>If the contract took longer to complete, and therefore cost more to deliver, RCR had to absorb the increase.<\/p>\n<div class=\"inline-content photo full\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/rcr-tomlinson-solar-farm-in-queensland\/10577288\"><img loading=\"lazy\" decoding=\"async\" title=\"RCR Solar farm\" src=\"https:\/\/www.abc.net.au\/news\/image\/10545128-3x2-700x467.jpg\" alt=\"RCR Solar farm\" width=\"700\" height=\"467\" \/><\/a><a class=\"inline-caption\" href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/rcr-tomlinson-solar-farm-in-queensland\/10577288\"><strong>PHOTO:<\/strong>\u00a0RCR Tomlinson&#8217;s work on two solar farms in Queensland were hit with a $57m writedown.\u00a0<span class=\"source\">(Supplied: RCR Tomlinson)<\/span><\/a><\/div>\n<p>This meant the company consumed &#8220;significant amounts of cash very quickly,&#8221; McGrathNicol told creditors.<\/p>\n<p>The administrators indicated they were likely to apply to push the next creditor&#8217;s meeting back by three months due to the complex nature of the business, adding the RCR group was made up for 41 companies spanning a number of sectors including, energy, mining, resources, water and renewables.<\/p>\n<p><span style=\"color: #ff6600;\">The company had been a successful engineering firm for 120 years<\/span> \u2014 predominantly in the mining and resources industry \u2014 before making its aggressive move into the solar industry.<\/p>\n<p>RCR ran at the solar power movement hard and has been involved in building farms across the country, but it was a $57 million write-down on the value of two of its Queensland projects that burned it.<\/p>\n<div class=\"inline-content wysiwyg right\">\n<div class=\"inner\">\n<h2><a title=\"\" href=\"https:\/\/www.abc.net.au\/news\/2018-11-24\/what-went-wrong-for-rcr-tomlinson\/10550716\" target=\"_self\">A stunning collapse<\/a><\/h2>\n<p><a title=\"\" href=\"https:\/\/www.abc.net.au\/news\/2018-11-24\/what-went-wrong-for-rcr-tomlinson\/10550716\" target=\"_self\"><img decoding=\"async\" class=\"float--none\" src=\"https:\/\/www.abc.net.au\/cm\/lb\/10577648\/data\/solar-panel-340-data.jpg\" alt=\"A stunning collapse\" \/><\/a><br \/>\n<a title=\"\" href=\"https:\/\/www.abc.net.au\/news\/2018-11-24\/what-went-wrong-for-rcr-tomlinson\/10550716\" target=\"_self\">It was the failure of an engineering firm that left many reeling \u2014 so what went wrong for RCR Tomlinson?<\/a><\/p>\n<\/div>\n<\/div>\n<p>At the first meeting creditors, held across four states, McGrathNicol told suppliers, contractors and employees it was working to sell the business but could not quantify how much it would raise in the sale.<\/p>\n<p>McGrathNicol last week managed to secure funding to support ongoing trading of the company and said it hoped to find a buyer or buyers by the end of the year, having received interest from more than 180 parties.<\/p>\n<p>&#8220;Our priority is to prepare the business for sale to bring certainty to employees, customers and suppliers,&#8221; McGrathNicol partner Jason Preston said.<\/p>\n<p>&#8220;The business has been challenged by unprofitable solar contracts within its renewable operations, however the balance of the business operates across industries which are seeing increasing demand for services.&#8221;<\/p>\n<p>Among the solar projects left in limbo include the expansion of Synergy&#8217;s Greenough solar farm in Western Australia&#8217;s Midwest.<\/p>\n<div class=\"inline-content photo full\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/greenough-river-solar-farm-panels-in-walkaway\/10577228\"><img loading=\"lazy\" decoding=\"async\" title=\"Greenough River Solar Farm panels in Walkaway\" src=\"https:\/\/www.abc.net.au\/news\/image\/4306374-3x2-700x467.jpg\" alt=\"A wide shot of rows and rows of solar farm panels on the ground at a solar farm under a blue sky.\" width=\"700\" height=\"467\" \/><\/a><a class=\"inline-caption\" href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/greenough-river-solar-farm-panels-in-walkaway\/10577228\"><strong>PHOTO:<\/strong>\u00a0RCR Tomlinson was working on the expansion of the Greenough River Solar Farm in WA&#8217;s Midwest.\u00a0<span class=\"source\">(ABC News: Sarah Tallier)<\/span><\/a><\/div>\n<p>The energy utility has terminated its contract with RCR and has started the process of finding a new contractor.<\/p>\n<p>Site activities will remain suspended during the replacement process.<\/p>\n<h2>Subcontractors gravely concerned<\/h2>\n<p>The company owes between $100 million and $250 million to 4,000 trade creditors across the country, which includes subcontractors and suppliers.<\/p>\n<div class=\"inline-content photo full\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/rcr-tomlinson-creditors-meeting-1\/10577766\"><img loading=\"lazy\" decoding=\"async\" title=\"RCR Tomlinson creditors meeting\" src=\"https:\/\/www.abc.net.au\/news\/image\/10577606-3x2-700x467.jpg\" alt=\"A line of people snakes through the foyer of a building.\" width=\"700\" height=\"467\" \/><\/a><a class=\"inline-caption\" href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/rcr-tomlinson-creditors-meeting-1\/10577766\"><strong>PHOTO:<\/strong>\u00a0Dozens of creditors queued up to find out how much money they could expect to get back following the collapse.\u00a0<span class=\"source\">(ABC News: Glyn Jones)<\/span><\/a><\/div>\n<p>Mike Hollier runs a metal fabrication business which was working for RCR&#8217;s power division.<\/p>\n<p>&#8220;I&#8217;m owed $42,000, part of that is made up of $27,000 of gear that they have and the rest sitting in the yard, which is about $13,000,&#8221; he said.<\/p>\n<blockquote class=\"quote--pullquote\"><p>&#8220;It was a big shock, they&#8217;re a big company, you don&#8217;t expect that sort of thing. No, I didn&#8217;t think they&#8217;d go under.<\/p><\/blockquote>\n<p>&#8220;I don&#8217;t really know what will happen to all the stuff I have supplied to them when they sell it off. It seems I&#8217;d lose that from what I can gather.&#8221;<\/p>\n<div class=\"inline-content photo full\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/mike-hollier-runs-a-metal-fabrication-business-1\/10578928\"><img loading=\"lazy\" decoding=\"async\" title=\"Mike Hollier runs a metal fabrication business\" src=\"https:\/\/www.abc.net.au\/news\/image\/10578918-3x2-700x467.jpg\" alt=\"Mike Hollier in mid-speech, wearing a yellow shirt and reading glasses on his forehead.\" width=\"700\" height=\"467\" \/><\/a><a class=\"inline-caption\" href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/mike-hollier-runs-a-metal-fabrication-business-1\/10578928\"><strong>PHOTO:<\/strong>\u00a0Mike Hollier runs a metal fabrication business and is owed about $42,000.\u00a0<span class=\"source\">(ABC News: Glyn Jones)<\/span><\/a><\/div>\n<p>Marco Da Silva said he was hopeful the business would be sold, but was not confident of getting the $25,000 he was owed.<\/p>\n<p>&#8220;Ideally, we&#8217;d like to get our money, so hopefully they can sell the businesses off in their individual capacity and we can continue to trade out of that,&#8221; Mr Da Silva said.<\/p>\n<p>&#8220;It&#8217;s negative, but one has to remain unemotional and try and apply themselves and focus on the business and do the right things by the staff.&#8221;<\/p>\n<div class=\"inline-content photo full\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/marco-da-silva-runs-an-electrical-equipment-business-1\/10578988\"><img loading=\"lazy\" decoding=\"async\" title=\"Marco Da Silva runs an electrical equipment business\" src=\"https:\/\/www.abc.net.au\/news\/image\/10578960-3x2-700x467.jpg\" alt=\"Marco Da Silva wearing a blue and green shirt, speaks to a journalist.\" width=\"700\" height=\"467\" \/><\/a><a class=\"inline-caption\" href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/marco-da-silva-runs-an-electrical-equipment-business-1\/10578988\"><strong>PHOTO:<\/strong>\u00a0Marco Da Silva is not confident of getting the $25,000 he is owed.\u00a0<span class=\"source\">(ABC News: Glyn Jones)<\/span><\/a><\/div>\n<p>Australian Subcontractors Association board member Louise Stewart said she had grave concerns leaving the meeting.<\/p>\n<p>&#8220;I&#8217;m very concerned. There was no talk of a project bank account being set up. RCR haven&#8217;t been paid by a number of their clients, the project owners, the principals that actually own the projects,&#8221; Mrs Stewart said.<\/p>\n<p>&#8220;What we don&#8217;t want to happen is for those funds to be paid directly to RCR, who are now in administration, and those monies to be used to pay secured creditors.<\/p>\n<p>&#8220;Subcontractors are the biggest class of creditor affected here.<\/p>\n<p>&#8220;We want to see that money going to subcontractors who have done the work, they should be paid and it&#8217;s very important that happens.&#8221;<\/p>\n<h2>Collapse after a $100m injection of funds<\/h2>\n<p>The collapse of the business, which is one of the oldest engineering names in Australia, stunned many in the investing world.<\/p>\n<p>Just three months ago, RCR raised $100 million from shareholders to buffer itself against the losses it had incurred on the solar projects, but it wasn&#8217;t enough to save the business.<\/p>\n<p>The move led many in investor circles to question what the board had not been telling shareholders and raised questions about whether the nation&#8217;s corporate regulator, the Australian Securities and Investments Commission (ASIC), would get involved.<\/p>\n<div class=\"inline-content photo full\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/rcr-secured-an-oil-&amp;-gas-services-contract-with-aplng-for-insta\/10577320\"><img loading=\"lazy\" decoding=\"async\" title=\"Curtis Island LNG plant\" src=\"https:\/\/www.abc.net.au\/news\/image\/10549320-3x2-700x467.jpg\" alt=\"Areial shot of the Curtis Island LNG plant\" width=\"700\" height=\"467\" \/><\/a><a class=\"inline-caption\" href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/rcr-secured-an-oil-&amp;-gas-services-contract-with-aplng-for-insta\/10577320\"><strong>PHOTO:<\/strong>\u00a0The collapse of the business stunned many in the investing world.\u00a0<span class=\"source\">(www.rcrtom.com.au)<\/span><\/a><\/div>\n<p>The company is also facing a class action which was launched on behalf of shareholders in the New South Wales Supreme Court.<\/p>\n<p>Lawyers Quinn Emanuel Urquhart and Sullivan filed the action, saying investors paid too much for their shares because the market was not informed of the problems the company was having with their solar projects.<\/p>\n<p>Fundamentally, many analysts said the company ran too hard at the solar game without knowing enough about it, and found itself working in an environment of rising equipment costs, increasing wages and a lack of workers skilled in the renewable energy space.<\/p>\n<div class=\"inline-content photo full\"><a href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/penrith-substation\/10577324\"><img loading=\"lazy\" decoding=\"async\" title=\"Penrith substation maintenance work being done by RCR Tomlinson emplyees\" src=\"https:\/\/www.abc.net.au\/news\/image\/10545540-3x2-700x467.jpg\" alt=\"Penrith substation maintenance work being done by RCR Tomlinson emplyees\" width=\"700\" height=\"467\" \/><\/a><a class=\"inline-caption\" href=\"https:\/\/www.abc.net.au\/news\/2018-12-03\/penrith-substation\/10577324\"><strong>PHOTO:<\/strong>\u00a0RCR Tomlinson has more than 3,400 employees working on projects around Australia.\u00a0<span class=\"source\">(Supplied: RCR Tomlinson)<\/span><\/a><\/div>\n<p>It also underestimated the time it could take to gain grid approval from the nation&#8217;s electricity regulator, the Australian Energy Market Operator (AEMO), which has toughened its testing regime to ensure reliability of the network.<\/p>\n<p>RCR&#8217;s collapse prompted AEMO to issue a warning to all new entrants to &#8220;discuss early with network businesses \u2026 prior to making commercial commitments&#8221; so as to &#8220;avoid delays during project development, registration and commissioning&#8221;.<\/p>\n<p>McGrathNicol said it would like to ask for a three-month extension for the second meeting with creditors to give more time to investigate what went wrong with the business.<\/p>\n<div class=\"inline-content full embedIframe embedded\"><iframe loading=\"lazy\" src=\"https:\/\/tmsnrt.rs\/2zn9i1I?abcnewsembedheight=430\" width=\"100%\" height=\"430\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\"><\/iframe><a class=\"inline-caption\" href=\"https:\/\/tmsnrt.rs\/2zn9i1I?abcnewsembedheight=430\"><strong>EMBED:<\/strong>\u00a0RCR Tomlinson share price<\/a><\/div>\n<p class=\"topics\"><strong>Topics:<\/strong>\u00a0<a href=\"https:\/\/www.abc.net.au\/news\/topic\/business-economics-and-finance\">business-economics-and-finance<\/a>,\u00a0<a href=\"https:\/\/www.abc.net.au\/news\/topic\/industry\">industry<\/a>,<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By\u00a0Kathryn Diss Updated\u00a0Tue at 12:20am PHOTO:\u00a0RCR Tomlinson creditors are owed hundreds of millions of dollars.\u00a0(ABC News: Glyn Jones) RELATED STORY:\u00a0It was a collapse that stunned many \u2014 so what went wrong for RCR Tomlinson? RELATED STORY:\u00a0&#8216;It&#8217;s going to destroy Christmas&#8217;: Workers lose thousands after RCR collapse RELATED STORY:\u00a0Engineering firm goes bust, thousands of jobs at &hellip; <a href=\"https:\/\/yinghuiinternational.com\/index.php\/2018\/12\/04\/rcr-tomlinson-administrators-reveal-debts-of-up-to-630m-from-collapsed-engineering-firm\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;RCR Tomlinson administrators reveal debts of up to $630m from collapsed engineering firm&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[6,7],"tags":[],"class_list":["post-3163","post","type-post","status-publish","format-standard","hentry","category-mines-and-quarry","category-news"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p83F9T-P1","jetpack-related-posts":[{"id":3211,"url":"https:\/\/yinghuiinternational.com\/index.php\/2019\/01\/08\/rcr-finds-buyer-for-energy-division\/","url_meta":{"origin":3163,"position":0},"title":"RCR finds buyer for energy division","author":"yinghui","date":"January 8, 2019","format":false,"excerpt":"The Environmental Group Limited (EGL) has secured a deal to purchase RCR Tomlinson subsidiary RCR Energy Service. Melbourne-based EGL is dealing with the beleaguered engineering group\u2019s administrator McGrathNicol to make the acquisition, which should be completed within the next week. RCR Energy Service\u2019s primary focus is on commercial gas and\u2026","rel":"","context":"In &quot;News&quot;","block_context":{"text":"News","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/news\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3298,"url":"https:\/\/yinghuiinternational.com\/index.php\/2019\/02\/15\/nrw-grows-business-after-finalising-rcr-acquisitions\/","url_meta":{"origin":3163,"position":1},"title":"NRW grows business after finalising RCR acquisitions","author":"yinghui","date":"February 15, 2019","format":false,"excerpt":"NRW Holdings head Jules Pemberton says the company has received \u201cpositive engagements\u201d from clients following its acquisition of two RCR Tomlinson companies. The contractor, which today reported it had finalised the deal,\u00a0announced last month\u00a0that it was purchasing RCR Mining and RCR Heat Treatment for $10 million as part of RCR\u2026","rel":"","context":"In &quot;Clients&quot;","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2121,"url":"https:\/\/yinghuiinternational.com\/index.php\/2017\/01\/19\/rcr-tomlinson-secures-epc-contract-at-pilbara-lithium-project\/","url_meta":{"origin":3163,"position":2},"title":"RCR Tomlinson secures EPC contract at Pilbara lithium project","author":"yinghui","date":"January 19, 2017","format":false,"excerpt":"Lithium developer Pilbara Minerals has awarded an engineering, procurement and construction (EPC) contract at the Pilgangoora project in Western Australia to RCR Tomlinson. The contract, worth a maximum\u00a0$148 million, involves\u00a0the EPC of Pilgangoora\u2019s two million tonnes per annum lithium-tantalum processing plant, including wet-and-dry circuit with concentrator, associated plant and commissioning\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1745,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/08\/16\/rcr-win-rio-tinto-iron-ore-contract\/","url_meta":{"origin":3163,"position":3},"title":"RCR win Rio Tinto iron ore contract","author":"yinghui","date":"August 16, 2016","format":false,"excerpt":"RCR Tomlinson\u00a0(http:\/\/www.rcrtom.com.au\/) has been awarded a contract to provide materials handling systems at Rio Tinto\u2019s Silvergrass mine. The contract, valued at $120 million, sees RCR provide a crusher and conveyor systems. It includes the engineering, procurement, and construction of a new primary crusher, nine kilometres of overland conveyors, and associated\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":3165,"url":"https:\/\/yinghuiinternational.com\/index.php\/2018\/11\/22\/subbies-call-for-overhaul-of-system-to-protect-themselves-from-corporate-failures\/","url_meta":{"origin":3163,"position":4},"title":"Subbies call for overhaul of system to protect themselves from corporate failures","author":"yinghui","date":"November 22, 2018","format":false,"excerpt":"Australia\u2019s subcontractors are demanding the government legislate on how building firms structure bank accounts amid claims that corporate failures in the construction sector are causing a \u201ccrisis\u201d and leaving suppliers without payments. The Australian Subcontractors Association (ASA) demands that the Federal government take swift action to protect suppliers who are\u2026","rel":"","context":"In &quot;Mines and Quarry&quot;","block_context":{"text":"Mines and Quarry","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/mines-and-quarry\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/www.insideconstruction.com.au\/wp-content\/uploads\/2018\/11\/subcontractors.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.insideconstruction.com.au\/wp-content\/uploads\/2018\/11\/subcontractors.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.insideconstruction.com.au\/wp-content\/uploads\/2018\/11\/subcontractors.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/www.insideconstruction.com.au\/wp-content\/uploads\/2018\/11\/subcontractors.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":2066,"url":"https:\/\/yinghuiinternational.com\/index.php\/2016\/12\/21\/rio-tinto-awards-iron-ore-contract-to-decmil\/","url_meta":{"origin":3163,"position":5},"title":"Rio Tinto awards iron ore contract to Decmil","author":"yinghui","date":"December 21, 2016","format":false,"excerpt":"Perth-based mining contractor Decmil has secured a new contract at Rio Tinto\u2019s iron ore operations in the Pilbara region of Western Australia. The $40 million contract will see Decmil design, construct and commission new facilities at the Nammuldi and Silvergrass mines. The project scope also includes modifications and extensions to\u2026","rel":"","context":"In &quot;Clients&quot;","block_context":{"text":"Clients","link":"https:\/\/yinghuiinternational.com\/index.php\/category\/clients\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/3163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/comments?post=3163"}],"version-history":[{"count":2,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/3163\/revisions"}],"predecessor-version":[{"id":3167,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/posts\/3163\/revisions\/3167"}],"wp:attachment":[{"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/media?parent=3163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/categories?post=3163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/yinghuiinternational.com\/index.php\/wp-json\/wp\/v2\/tags?post=3163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}