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Alcoa wins $1bn Airbus deal

Aluminium giant Alcoa has announced that it has signed a $1 billion deal with Airbus Group SE – the largest deal for aerospace fastening...

Australian PMI expands for 3rd straight month

AiGroup has reported that Australia’s manufacturing sector expanded for a third straight month in September. The falling Aussie dollar has boosted the Australian manufacturing sector...

Alcoa to split into two separate companies

Alcoa has announced that it will split its global operations into two independent companies – one focused on specialist manufacturing operations, the other on...

Rio Tinto turns on Australia’s first commercial diesel displacement solar plant

Weipa Solar, a 1.7MW solar PV plant at Rio Tinto's Weipa bauxite mine and processing facilities in north Queensland, has officially begun operation. The plant –...

Caterpillar to axe 10,000 jobs

As part of an extensive cost-cutting program, machinery and manufacturing giant Caterpillar will be terminating 10,000 jobs. The company said that its full year sales...

Veolia’s new “Plug-In” solutions slash heavy industry costs

Australia's declining heavy industry sector is under great pressure to cut unit production costs but improve safety, environmental control and quality. Leading environmental solutions provider...

SA Iron Road inks deal with Chinese investment consortium

South Australian junior miner Iron Road has inked Memorandums of Understanding (MoUs) with five Chinese steel companies, including with Shandong Iron & Steel Group...

Watpac wins nearly $90m in contracts

National construction, property development, and civil and mining services company Watpac Limited has been awarded an $80 million contract by Chinese-owned Hanking Gold to...

Newmont sells stake in Swiss gold refinery for US$119m

Leading gold and copper producer Newmont Mining Corporation has announced that it has sold its equity stake in the Valcambi gold refinery in Switzerland...

BHP announces executive changes, puts Dalla Valle in charge of potash unit

BHP Billiton has announced that it will be shifting responsibility for its potash unit to Mr Dean Dalla Valle who is currently serving as...
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