Market News

ASX-listed defence and space company Electro Optic Systems is engaged in active contract negotiations on the prospective supply of a significant number of Remote Weapons Systems (RWS) and related components and spares for Ukraine. 

Global mining company Orica has appointed Kim Kerr as its new chief financial officer, effective 11 October. 

Rio Tinto has reported a 9 per cent year-on-year increase in copper equivalent production for the first quarter of 2026, supported by gains across its manufacturing-linked aluminium and copper operations, according to its latest quarterly update.

Global manufacturing growth eased in November as the JP Morgan Global Manufacturing PMI slipped to 50.5, down from 50.9 in October, marking the lowest reading in the current four-month expansion. 

BlueScope Distribution Melbourne has completed the installation of its new CNC flatbed aluminium routing machine, which will enable the processing of products for customers across a wide range of manufacturing industries. 

Aerospace composite manufacturer Quickstep announced the selection of Wichita, Kansas as the preferred location for its first engineering and manufacturing facility in the United States. 

ASX-listed global engineering firm Austin Engineering has reported a 525 per cent growth in net profit after tax (NPAT) in its 2022 financial report.  Austin...

Hazer Group has reported a strong start to the financial year, outlining key operational and financial achievements in its half-year results for FY25. 

The global manufacturing sector saw continued but modest expansion in October, with output and new orders both rising for the third consecutive month, according to the latest JP Morgan Global Manufacturing PMI released in collaboration with S&P Global Market Intelligence, ISM, and IFPSM.

Japan’s manufacturing industry experienced a significant rebound at the start of the second quarter of the year, marking its healthiest performance in over four years.