Tag: strategic review
Rio Tinto to shut down NZAS following strategic review
Rio Tinto announced that it would wind-down and eventually terminate its New Zealand Aluminium Smelters (NZAS) operation which posted an underlying loss of NZ$46m in...
Rio Tinto could close its ISAL smelter due to lack of profitability
Rio Tinto will launch a strategic review of the ISAL smelter in Iceland in an effort to improve its competitive position.
ISAL has been operating...
Rio Tinto could shut down New Zealand’s Aluminium Smelter, 1,000 jobs on the line
Workers at Rio Tinto’s New Zealand Aluminium Smelter (NZAS) at Tiwai Point are facing an uncertain future after the giant miner announced that it...
Coca-Cola Amatil hints at selling SPC
Coca-Cola Amatil (CCA) has dropped a hint that it considers selling its struggling fruit processor SPC.
The company has launched a 'strategic review of growth...
Redflow to move manufacturing operations from Mexico to Asia
Australian battery storage manufacturer Redflow announced that it will be relocating its manufacturing base from the Flex factory in Juarez, Mexico, to a ‘more...
Santos to axe 200 jobs in a $100m cost-cutting drive
Troubled energy giant Santos has announced that it will cut 200 jobs from its Eastern Australia business as part of a cost-cutting drive.
The company...
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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.
