Tag: Arrium
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...
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...
Government vows to assist Arrium workers
Minister for Industry, Innovation and Science Christopher Pyne has expressed his disappointment at last week’s announcement that Arrium has been placed into voluntary administration...
South Australian steel maker Arrium has entered voluntary administration
Struggling steel producer Arrium has announced that it has entered voluntary administration.
The decision comes just a day after the company announced that it had...
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 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...
ACCC will not oppose proposed acquisition of OneSteel and Coil by BlueScope
The Australian Competition and Consumer Commission (ACCC) said it will not stand in the way of the proposed acquisition of the OneSteel Sheet and...
BlueScope acquires OneSteel sheet and coil assets
BlueScope Steel has announced on Monday that it has agreed to acquire Arrium Limited's OneSteel sheet and coil business for around $23 million.
According to...
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Building resilience as manufacturing requirements become more complex
The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.
