Andrew and Nicola Forrest’s Tattarang has nominated former Credit Suisse Australia chief executive Richard Gibb to join the board of Henderson defence shipbuilder Austal.
Wesfarmers has disclosed an expected loss of $60 million this year from its half share of the Covalent Lithium joint venture and a bigger loss next financial year.
Mining services contractor NRW has expressed concerns over a proposed legislation in South Australia, in relation to the recent collapse of the Whyalla steelworks.
Responsibility for decision making over the Western Trade Coast fell on the shoulders of 11 of the 17 cabinet ministers in the first government led by Roger Cook.
Construction and energy services provider Civmec posted a net profit of $8 million during its third quarter of the 2025 financial year, down from $17.1 million, 12 months prior.
Wesfarmers has moved to significantly curb emissions at one of its Kwinana operations, as Premier Roger Cook softens his stance on legislating the plan to reach net zero by 2050.
The first of 100 railcars built for Rio Tinto in Western Australia has rolled off the production line ready for its 1,500-kilometre journey north to the Pilbara.
Backers of two Mid West iron processing projects hope to tap into more than 25 billion tonnes of magnetite discovered in the region to feed a growing global appetite for green steel.
The country’s only silicon manufacturer has notched $39m to cut emissions amid the state's green ambitions being underscored by a wave of federal government support today.
Austal chairman Richard Spencer says he does not believe Hanwha can add value to the Perth-based shipbuilder but nonetheless has agreed to meet with the South Korean company next week.
South Korean conglomerate Hanwha has once again fuelled takeover speculation around Austal after placing a high-priced order for 9.9 per cent of the shipbuilder’s stock.
Prime Minister Anthony Albanese has called the US tariffs on Australian steel and aluminium “entirely unjustified”, while confirming retaliatory tariffs would not be imposed on US imports.
Austal has launched a $220 million capital raising to support its US operations, after which major shareholder Tattarang will get a board seat, while founder John Rothwell is selling down.
Business groups have welcomed the return of the WA Labor government to power but urged the government to get on with red tape reduction and energy transition progress.
NRW Holdings has made no provisions on its debt recovery over the administration of Whyalla Steelworks, and recorded a profit of $58.4 million in its half year results.
The growth of a state-of-the-art technical hub by Birdon at Henderson has coincided with a significant scale-up in defence sector activity in the region – but the firm is focused on more.
Ascot-based GR Engineering Services increased its revenue to $272.1 million during the first six months of the 2025 year – up $84.8 million from the prior corresponding period.
Days after announcing a series of strong half-year results, engineering firm Monadelphous has secured a series of new contracts, valued at around $400 million.