Downer wins two year Meandu mine contract extension
Downer EDI Limited has signed a two year, $250 million extension to its contract for the provision of mining services at Stanwell Corporation’s Meandu...
Arrium administrators outline dual sale/recapitalisation plan
KordaMentha, the appointed administrators of troubled steelmaker Arrium, have outlined a two–track plan for the sale/recapitalisation of the Arrium Group following a review of...
Glencore’s Minara Resources adopts CSIRO technology that could save mining companies millions of dollars
Glencore subsidiary Minara Resources has adopted a new CSIRO-developed technology that takes the energy-sapping “drag” out of industrial pumping.
The drag reduction technology, which underwent...
Austal wins US Navy contract modification for USS Jackson (LCS 6) shock trials supports
Austal Limited has won a US$11,239,032 cost-plus-fixed-fee contract modification from the US Navy to provide emergent availability planning and full ship shock trials (FSST)...
Alcoa wins $470m Embraer contract
Lightweight metals leader Alcoa has inked a long-term contract with commercial jets manufacturer Embraer for the supply of aluminium sheet and plate for Embraer’s...
Australian PMI®: Manufacturing continues expansion in June
The Australian PMI increased by 0.8 to 51.8 in June to complete a full year of continuous expansion, equalling the longest unbroken period of...
New country of origin food labels to help Aussie consumers find out more about...
Australia’s new country of origin food labelling came into effect on Friday, and will be compulsory for all food products produced for sale in...
Fonterra Australia announces opening farmgate milk price for 2016/17
Fonterra Australia has told suppliers that it predicts a closing farmgate milk price for the 2016/17 season of $5.00 per kilogram of milk solids...
Australia Pacific LNG farewells first shipment to major Japanese customer
Australia Pacific LNG, the largest producer of natural gas in eastern Australia, yesterday confirmed the first LNG shipment to the Kansai Electric Power Company.
The...
Ausdrill completes sale of DTA’s drill bit manufacturing and distribution business
Diversified mining services company Ausdrill has completed the sale of its Drilling Tools Australia (DTA) business to Robit Plc for $66 million.
It follows the...