Dardanup-based Hexion Australia has been awarded a $90 million contract for the production of a key coating material used in manufacturing of urea granules for Perdaman's $US4.5 billion urea plant.
Schaffer Corporation has withdrawn guidance for its automotive leather division after a luxury vehicle brand was hit by a cyber incident which halted production.
The competition watchdog has cleared BGC Australia's sale of its cementitious division, with the business carved up between Cement Australia and Adbri.
A Victorian startup promising to underpin cost-effective green steel production has secured land in the Pilbara to operate a third-party commercial iron ore smelter.
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.
Major bottlenecks caused by an ageing import facility on the southern coast are costing Kwinana industrial players almost $70 million each year, a report released this morning has revealed.
Defence-focused shipbuilder Austal dramatically increased its net profit result in FY25, recording a 503 per cent jump from $14.9 million to $89.7 million over 12 months.
The federal government has formalised its agreement with a new subsidiary of Austal, in a move which confirms its status as a strategic shipbuilder of choice.
Hofmann Engineering has become the first local business to be greenlit to supply parts for US navy assets, in a move the nation's leaders say is a strong sign for an Aukus future.
Shares in Canning Vale-based VEEM closed trade up 10 per cent to $1.09 on Tuesday, following news it had signed a six-year, $65 million defence contract renewal with ASC.
Ryan Stokes-led diversified business SGH recorded a 5 per cent post-tax statutory net profit increase to $486 million last financial year, led by upticks at concrete maker Boral and Westrac.
Neometals shares have dropped almost 20 per cent on open, after it signed a terms sheet for the sale of its lithium ion battery recycling intellectual property and joint venture stake.
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.
Perth company Magellan Power is looking for external investors to help fund an expansion of its business, including the construction of a new headquarters and manufacturing facility.