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Molycop shuts steelmaking facility in Waratah, leaving 250 workers without a job

Two hundred fifty steelmaking jobs have been cut in Waratah after Molycop announced its decision to cease local production and restructure its plant in Newcastle. 
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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.