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Austal to sell its stake in Aulong

Austal has commenced discussions to sell its 40% stake in the Aulong Shipbuilding joint venture to its JV partner, Jianglong Shipbuilding. Aulong was established in...
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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.