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South Korean consortium selected as preferred Arrium bidder

KordaMentha, the Deed Administrators for Arrium, announced that it had chosen a Korean consortium as the preferred bidder for the Arrium group of companies. The...

Rio Tinto to sell its Lochaber assets for $410m

Rio Tinto has agreed to sell its assets at Lochaber, Scotland to SIMEC for a total of $410 million, subject to certain conditions precedent...
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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.