Our strategy

A disciplined approach  

Our mission is to generate sustainable returns for shareholders by delivering projects for our clients while providing safe, rewarding and fulfilling careers for our people.

Our strategy to deliver our mission is anchored in building a portfolio of complementary capabilities across assets, infrastructure and resources to amplify insights and extend ultimate value – the foundation for growth. Key elements of our strategy are a disciplined approach to risk management and a focus on cash generation, complemented by rigorous capital allocation and always underpinned by an uncompromising focus on safety.
 

Activity-focused businesses

We have activity-focused businesses in construction, mining, mineral processing, services, public private partnerships and engineering.

The size of our businesses creates economies of scale and strengthens their positions in their respective markets. They are broadly diversified by market sector, activity, geography, client type, contract type, volume and duration.  

Our competitive position and scale, combined with our strong balance sheet, place us in a robust position to take advantage of growth opportunities, both organic and proactive, in our different markets.

Our diversity provides clients with integrated solutions from feasibility, design, planning and investment; to manufacturing and construction; to operations, maintenance, upgrades and asset management; to rehabilitation and decommissioning. The ability to offer a complementary suite of capabilities, throughout the lifecycle of a client’s asset, infrastructure or resources project, differentiates our Group. We continually seek to expand, leveraging these proven competencies to grow in Australia, Asia Pacific and other strategic geographies.

Crucial to our strategy is the generation of cash-backed profits, and the development of diversified income streams. This helps to reduce volatility and manage risk while generating sustainable returns. Shorter-term projects (e.g. construction) are balanced with medium-term projects (e.g. mining and large-scale construction) and longer-term projects (e.g. PPPs, operations and maintenance services, and life-of-mine projects).

Underlying our activity-focused businesses are common systems and processes. This facilitates innovation, knowledge-sharing, all within a rigorous governance framework.

Our Principles of Integrity, Accountability, Innovation and Delivery, underpinned by Safety, guide all of the Group’s activities.

Visit our investor centre for more information.

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