Friday, March 29, 2024

Sandvik and Tenaris seal new five-year strategic alliance agreement

Sweden's Sandvik and Luxembourg-headquartered Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion resistant alloy OCTG materials...

BHP Billiton aiming to overtake arch-rival Rio Tinto in the iron ore contest

BHP Billiton is planning to develop a $20 billion outer-harbour project at Port Hedland and expand production beyond its current annual run rate target...

Guildford Coal Limited granted Mongolian coal haulage permit

The Mongolian Ministry of Roads and Transport has granted Australian coal miner Guildford Coal Limited a haulage permit for the transport of coal from its Baruun...

Irish miner Kenmare snubs Iluka takeover bid

Irish titanium miner Kenmare Resources has rebuffed a takeover approach from rival Iluka Resources, saying the share-to-share offer was undervaluing its flagship mine in Mozambique. "The board of...

Baosteel acquires Aquila, fends-off competition

Chinese steelmaker Baosteel has managed to beat rival bidders and claim control over Aquila Resources after co-founders Charles Bass and Tony Poli agreed to sell their stakes into...

Glencore to ramp up copper production with major investment in Ernest Henry Mining

Diversified miner Glencore is set to ramp up copper production from its Ernest Henry Mining, near Cloncurry in north-west Queensland, Australia, from 3 million...

Santos and GDF Suez terminate floating LNG project

Santos and GDF Suez have abandoned their multi-billion dollar plan to develop three natural gas fields offshore Australia by utilising innovative floating liquified natural gas (LNG) technology...

K&L advises Karoon on US$800m exploration permits sale

Karoon Gas Australia Limited has hired global law firm K&L Gates as legal representative in the sale of its 40% equity interest in Browse...

New technology could turn mining wastewater to value for miners

A new cost-effective technology to treat mining wastewater and reduce sludge — called Virtual Curtain — has been introduced by Commonwealth Scientific and Industrial...

BHP sacks 170 jobs from Mount Whaleback; provokes wrath from CFMEU

BHP Billiton continued with its cost cutting and productivity drive efforts as the company cut 170 jobs at its Mount Whaleback iron ore on...
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Top 3 digitisation outcomes for Aussie manufacturers

As the Australian manufacturing sector faces the challenges and transformations that come with rapid globalisation, the role of digital technology within the industry has never been more critical.Â