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Austal pulls out of Chinese shipbuilding joint venture

Austal Limited has announced the completion of the sale of its 40% shareholding in Aulong Shipbuilding – the company’s joint venture in Zhuhai, China,...
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Responding to manufacturing demand and performance signals

Australian manufacturers are navigating a challenging environment. Just as output had returned to growth, higher fuel and freight costs, rising input prices and global supply chain disruption renewed pressure on margins and cash flow.