Mark Beyer

Burswood-based PRL Global is set to acquire the Ardmore phosphate mine in Queensland after satisfying all conditions precedent for the complex deal.

Shares in Austal continued their strong run today after the shipbuilder secured a further $US314 million ($480 million) of work with the United States Coast Guard.

A private company planning a $300 million supply base on Cockatoo Island has expanded its land holding through a deal with ASX-listed Pearl Gull Iron.

The fast-growing sector expanded by 27 per cent last year, underpinned by contracts with big mining companies, research by Business News has found.

Justin Fris and Mark Beyer discuss why WA’s planned exit from coal power comes with many challenges and significant costs.

Mining-focused contractor NRW Holdings will be chasing work in the booming data centre industry after striking a debt-funded deal to buy Sydney-based contractor Fredon.

WA’s planned exit from coal power comes with many challenges and significant costs.

The hospital operator said it remains committed to the Joondalup campus despite being adversely affected by a new funding agreement with the state government.

Wesfarmers will make a $1.7 billion capital return to shareholders after reporting a strong lift in net profit, helped by proceeds from four major asset sales.

Eminent company director Michael Chaney is coming to the end of his career, with Wesfarmers naming its next chair and a likely successor emerging at Northern Star Resources.

Contractor GenusPlus has reported a record annual profit and flagged further strong growth in the current financial year after winning more work on energy projects.

Rio Tinto has named Matthew Holcz as the permanent chief executive of an expanded iron ore business, while senior executives Kellie Parker and Sinead Kaufman have lost their jobs.

Shares in Australian Finance Group have doubled in value this year as the Perth company benefits from the increased market share held by brokers in a growing housing loan market.

A Belmont-based mining technology company taking on industry giants like Caterpillar and Komatsu has secured its first external funding as it pursues international growth.

Private company Tellus Holdings is set to proceed with an expansion of its Sandy Ridge hazardous waste facility in the Goldfields after securing a $240 million loan facility.

Perth options trader Adam Tomasso has won a high-stakes court battle with IG Markets, allowing him to recover $5.5 million he earnt in the space of 30 minutes.

Balcatta company Orbital Corporation has a long history on the ASX but it seems many investors still don’t understand what the company actually does.

Canaccord Genuity has expanded its Australian presence, confirming this afternoon it has finalised a deal to buy 100 per cent of local stockbroking firm Wilsons Advisory.

Southern Cross Electrical Engineering has reported strong growth in sales revenue and profit and signalled it is exploring further acquisitions across the country.

ANZ Bank’s newly appointed chief executive says Australia is “an extraordinary case of stability” and as such was an attractive market for global investors.

Mining giant BHP is focusing on copper as its key growth commodity but is continuing to invest in its WA iron ore business, with a $US900 million project announced today.

Sam Jones and Mark Beyer discuss how several global companies have reshaped Western Australia's local mining technology sector.

Companies including Epiroc, Weir Minerals, Komatsu and Sandvik have reshaped the local mining technology sector after nearly 20 acquisitions.

A Queensland company backed by some of Australia’s largest miners has secured a $9m grant to support development of a charging technology for battery-electric mining trucks.

Engineering firm Kent has won a two-year contract on the Northern Endeavour decommissioning project, days after unions pushed for more of the work to be done locally.

Lithium miner Liontown Resources has announced plans to raise up to $286 million at a discounted price of 73 cents, with a government-owned investor tipping in a large share.

The US manufacturer is one of the major suppliers of mining and construction equipment in Western Australia through local distributor WesTrac.

EY has won a $1.7 million contract to advise the state government on the planned buyback of the South West freight rail network owned by Arc Infrastructure.

The Australian government will be able to buy Austal's Henderson shipyard and take over its local defence-focused operations if a foreign bidder gains control of the ASX company.

Two major government agreements announced today with Mitsubishi Heavy Industries and Austal have confirmed that Henderson will play a key role as Australia’s shipbuilding precinct.

Mark Beyer, Jack McGinn and Isabel Vieira discuss lithium woes and market reactions; major car retailer deal; Woodside Energy; house prices and inflation updates.

Shares in Beach Energy have fallen sharply after the company flagged a large impairment related to lower commodity prices and a downgrade of gas reserves at a Perth Basin project.