Corporate digest

AusGroup

WESTERN Australia's Supreme Court on Friday dismissed AusGroup subsidiary AGC Industries' claims of payments owed by Karara Mining for work done by AGC Industries at the Karara iron ore project. The construction services firm said in May 2013 that about A$21.7 million (S$20.71 million) in progress payments for structural, mechanical and piping installation works had been withheld by Karara Mining, a joint venture between Australia Stock Exchange-listed Gindalbie Metals and China's AnSteel.

AusGroup is reviewing the judgment with respect to possible grounds of appeal. Any appeal must be lodged within 21 days.