Company History
Modest Beginnings
Three private individuals discussed a concept in June 1995 and came up with the idea of starting a contract mining and civil construction business. These three people had complementary skills which contributed to the ongoing success of the business. There was a Surveyor, a Mechanical Engineer and a Mining Engineer. A combination of their names resulted in the company name of Helvory Contractors.
From that modest beginning the business has grown substantially and is now aiming to become one of the next major forces in the contract mining and civil construction industries.
Joint Venture
In 2003, a decision was taken to expand the business further with the realisation that this expansion would require the injection of additional capital. An exhaustive process was commenced which led to the formation of a joint venture with Mizutani Constructions of Japan.
This joint venture became HMP Constructions and took over all of the existing Helvory contracts from 1 July 2004. As part of this arrangement Helvory provided the management services and Mizutani provided the new equipment required to service the current and future works.
The HMP name came from the first initials of Helway-Mizutani-Pacific and the company continues to prosper with the purchase of approximately $200 million of open cut mining equiment
Towards the end of 2006 Mizutani decided to reduce its exposure to the international market. This subsequently led to the buyout of the Mizutani shares and all other minority shareholders by interests associated with Helway.