A decision by Wesfarmers and partner SQM to pause investments at the Mount Holland mine and Kwinana refinery bring to about $3 billion the value of lithium projects deferred in Western Australia during the past year.
Bruce Rock Engineering has increased the number of its facilities in Western Australia with the acquisition of Geraldton-based D-Trans Motor Body Builders.
A Perth-based company has developed a new device it says cuts tradies’ exposure to silica dust, which has been responsible for the rising incidence of silicosis among building and construction workers.
Global manufacturer Alstom has signed a 10-year contract to assemble new railcars at Midland as part of the Metronet project, with the government saying the railcars will be delivered 22 per cent below its budget at $1.25 billion.
About $300 million will be invested by Mineral Resources into expansion projects in the 2020 financial year, led by moves to boost Yilgarn iron ore output nearly 50 per cent.
There’s no bad news in Western Australia’s battery industry, Energy Minister Bill Johnston says, shrugging off the deferral of major projects in recent months.
WA-based construction contractors Civmec and Ausgroup have both reported a dip in quarterly profits as they gear up for an increase in maintenance work and new projects.
Bibra Lake-based Aurora Labs has announced plans to raise $4 million through a placement, primarily to accelerate the commercialisation of its 3D printers.
Worley has asked the Foreign Investment Review Board to look at "possible creeping acquisitions" by Beirut-headquartered Dar Group as the ASX-listed engineering and consulting firm aims to fend off a possible takeover by its largest shareholder.
Orora shareholders are in line to pocket $1.2 billion after the company decided to offload its cardboard packaging unit to Japan's Nippon Paper for $1.7 billion.
A Midvale business which creates simulated injuries for military and emergency services training has bought its United States counterpart as it plans to expand stateside.
Less than a week after Bunnings admitted to underpaying workers due to payroll error, a second Wesfarmers division has said it discovered a payroll mistake, which has left around 6,000 workers underpaid to a total of $15 million.
Investors have welcomed Austal’s announced that it lifted full-year profit 64 per cent to a record $61.4 million, underpinned by strong revenue from its US Navy programs.
Nearly 160 of EC&M’s 400 employees will be back at work in September, with administrators progressing deals with major clients since the business hit the wall last week.
Bibra Lake-based Magellan Power has been hit by the insolvency of EC&M after supplying nearly $500,000 of equipment to a project, leading managing director Masoud Abshar to add his voice to calls for stronger laws around payment of subcontractors.
Austal has secured a $US23 million ($34 million) contract with the US Department of Defence, and addressed media reports of a possible Philippines expansion.
Rhinohide is seeking to raise up to $500,000 via equity crowdfunding platform Equitise, after raising $791,000 from private investors earlier this year, as the vehicle protection panel business looks to launch in the US.
Labour and capacity constraints in South Australia could lead to cost blowouts and delays in the building of new naval vessels, Premier Mark McGowan said today, as he lobbied federal counterparts to move more maintenance work for existing submarines out west.
There’s cause for optimism about the potential to manufacture battery components in Western Australia in the long term, according to BHP Nickel West asset president Eddy Haegel.
Clean technology developer Eden Innovations has dispatched the first order for EdenCrete products from a distributor and announced the same products received government approval in the US.
Construction costs for many lithium refining projects have been revised up in the past year as proponents rethink the scale and scope of their developments, with Tianqi Lithium’s Kwinana project the latest to run higher than forecast.
SPECIAL REPORT: Local businesses are already winning ongoing defence work as WA positions itself as a sustainment hub. Click through for our list of 25 deals won by WA contractors in the past year.
Austal chief executive David Singleton believes the shipbuilder needs to gain a critical mass of female workers to permanently make an impact on gender equality in the industry.
Shipbuilder Austal has turned two major challenges – a cyber attack and the loss of a big naval contract – into positives, chief executive David Singleton told a Business News Success & Leadership breakfast today.
