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Arrium’s Moly-Cop sold for 1.6bn

Arrium’s administrators have reached an agreement to sell the company’s Moly-Cop grinding media business to US private equity firm American Industrial Partners for a...

Arrium administrators outline dual sale/recapitalisation plan

KordaMentha, the appointed administrators of troubled steelmaker Arrium, have outlined a two–track plan for the sale/recapitalisation of the Arrium Group following a review of...

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...

Arrium sells iconic Wire Ropes business to Belgium’s Bekaert

Arrium Limited has announced that it has sold its Wire Ropes business to global rope manufacturer Bekaert for A$80 million. The NSW-based business, which has...
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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.