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Arrium employees agree on temporary pay reductions

Struggling steel producer Arrium announced that it has “achieved support” from the majority of employees for temporary pay reductions. The business had asked employees to...

Arrium sells iconic Wire Ropes business to Belgium’s Bekaert

Arrium Limited has announced that it has sold its Wire Ropes business to global rope manufacturer Bekaert for A$80 million. The NSW-based business, which has...

Arrium to axe 100 NSW jobs

Reduced demand for steel balls and railway wheels has forced the management of steelmaker Arrium to cut 120 jobs from its operation in Newcastle...

The Demise of Australian Manufacturing + Impact of COVID-19

This article is by Geoff Crittenden, CEO of Weld Australia. Australia has a long, proud history of manufacturing throughout the 20th century. With the federation of...

Liberty House makes $500m offer for Rio Tinto’s Aluminium Dunkerque smelter

Liberty House Group, an industrial and metals company founded by UK tycoon Sanjeev Gupta, has made a binding conditional offer of $500 million to acquire...

GFG Alliance announces $1bn Whyalla investment

UK tycoon Sanjeev Gupta has announced a $1 billion investment for the Whyalla steelworks to lift production by 50% to 1.5 million tonnes. Mr Gupta,...

Sale call injects greater certainty for local steel chain

The peak body representing the complete national steel supply chain, the Australian Steel Institute (ASI) has today welcomed KordaMentha’s naming yesterday of the preferred...

SA Government pledges $50m support for next Whyalla steelworks owner

The South Australian Government has committed $50 million to support a new owner of the Whyalla steelworks. According to the press release by Premier Jay...

Struggling South Australian steelmaker to be sold in July  

KordiaMentha, the administrators of struggling steelmaker Arrium, have announced that the company will be put up for sale in July this year. Since taking over...

OZ Minerals announces further investment for proposed Carrapateena copper mine and treatment plant at Whyalla

OZ Minerals has announced plans to expand its Carrapateena copper and gold mining project with an investment of $975 million. In an ASX Announcement, the...
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