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Bitcoin ETFs line up for ASX listing as SEC set to rule

German luxury automotive manufacturer Mercedes-Benz has inked a $30 million deal with Perth company NeoMetals to buy a battery materials refinery asset.

The move sets up a showdown for preselection in the blue-ribbon seat.

Nadia Budihardjo with the latest on Ellison's Kali buy; Faragher's retirement move, and Yallingup resort plans.

Perth builder Insideout Building has been placed in the hands of liquidators after it collapsed due to cost escalations and labour challenges.

The Australian bourse gave up most of the previous day's gains, with the mining sector dropping 2.1 per cent, its worst day in nearly three months.

The acquisition brings the national property fund manager’s WA hotel acquisitions to $66 million.

Calidus Resources told the market on Wednesday it had reduced annual production guidance for the 2024 financial year, citing lower-than-anticipated material movement.

A 42-hectare wine property in the state’s South West has been earmarked for a $17.5 million holiday resort.

Mineral Resources has bought a nearly 10 per cent stake in newly listed Kali Metals, just days after the aspiring lithium miner made its stock market debut.

Having received shareholder approval to purchase the Beyondie sulphate of potash project earlier this week, exploration company Reward Minerals launched plans on Wednesday to raise up to $22.79 million to help fund the arrangement.

Former Barnett government cabinet minister Donna Faragher has announced she will not contest the 2025 state election, putting an end to her 20-year political career.

Inflation for the 12 months to November came in at 4.3 per cent, the smallest growth in almost two years, according to the Australian Bureau of Statistics.

The Dow Jones Industrial Average has fallen 157.85 points, or 0.42 per cent, to 37,525.16. The S&P 500 has lost 7.04 points, or 0.15 per cent.

Cost-price hit to nickel and alumina

Isabel Vieira with the latest on Alcoa's Kwinana refinery closure, a Swan River proposal and Perth bakery expansions.

The state’s long-awaited redevelopment of the V Block at Fremantle Hospital is under construction, with ground broken after the project’s initial 2023 forecast completion date.

Ian Trahar has moved to take full ownership of environmental services company CO2 Australia, which was demerged from Seafarms Group more than five years ago.

Elizabeth Quay could one day host a venue on the water, with the state government seeking expressions of interest in a second floating venue to be built and run on the Swan River.

The local share market finished up 0.9 per cent, with every sector in the green except for energy as risk appetite returned.

Mt Hawthorn-based Platina Resources has flagged additional drilling at two of its major gold projects in Western Australia.

ANALYSIS: Alcoa opened its Kwinana alumina refinery 60 years ago and that goes a long way to explaining why the US company decided to shut down the operation.

Jarra Property has revised its multi-million-dollar neighbourhood centre proposal after a development assessment panel refused it over concerns of potential benzene exposure.

Residential builder Opus Homes has been hit with a wind-up bid from unhappy customers following a dispute over their North Coogee home, which needs to be demolished.

Three high-end Perth bakeries have hatched plans to branch out to new venues at up-and-coming foodie haunts.

Magmatic Resources announced on Tuesday that Andrew "Andy" Viner has resigned as a non-executive director of the company.

The rate of building approvals in Western Australia dipped while the national average grew, according to recent data from the Australian Bureau of Statistics.

Three companies largely devoid of assets and linked to previously sanctioned stocks promoter and director, David Zohar, have entered liquidation.

Capricorn Metals has announced the installation of 400 new accommodation units at its Mt Gibson gold project will likely begin next month.

The average rental property is up $100 a week compared to 12 months ago and 66 per cent since before the pandemic.

Ajanth Saverimutto has begun his managing director tenure at high-flying lithium explorer Wildcat Resources.

Alcoa Corporation has confirmed it will cease production at its Kwinana refinery this year, as it grapples with a series of challenges at its oldest WA processing operation.