M&R ‘still in race’ to regain RUC as it seeks to rebuild from 2023 shock

Downscaled engineering and contracting group Murray & Roberts (M&R) is continuing with efforts to regain control of RUC, the Australian mining services business it lost when its Australian holding company and Clough entered voluntary administration in December. Speaking at the company’s results presentation, CEO Henry Laas refused to be drawn on the precise nature of processes currently being pursued to recover the company, saying only “we are still in the race”.