Curtin University has received a $580,000 federal grant to undertake research and development of new methods for storing, producing and exporting green hydrogen.
Perth-based Castile Resources and Kaiser Reef are set to raise up to $25 million ahead of stock market listings next month, despite tough market conditions affecting a number of ASX aspirants.
Gold explorer Emerald Resources is seeking to raise $75 million through a share placement to develop its Okvau project in Cambodia, while also finalising a $US60 million ($A88 million) loan with Sprott Private Wealth.
Lynas Corporation posted a 7.4 per cent rise in quarterly revenue as higher demand for rare earth elements countered weaker prices and the miner said it was on track to get its processing licence renewed by Malaysia in March.
Oil prices fell 2 per cent overnight on concern the spread of a virus from China could lower fuel demand if it stunts economic growth, but losses were limited by a drawdown in US crude inventories.
Gold rose overnight as scaling concerns over a coronavirus outbreak in China and its impact on global economy soured sentiments for riskier assets, propping up demand for the safe-haven asset.
Arafura Resources has appointed engineering and construction group KBR to manage development of its Nolans rare earths project in the Northern Territory.
Australian stocks have fallen for just the fourth time in 2020 after days of record highs amid profit warnings and concerns about the deadly virus outbreak in China.
The number of people working full time in Western Australia fell over December, but the state’s jobless rate improved by 0.3 percentage points to 5.4 per cent, according to latest employment figures.
Rental vacancies continue to fall in Perth’s residential property market, with competition between tenants ramping-up, particularly in sought-after locations.
Shares in national contracting groups CIMIC and Downer have plummeted more than 20 per cent after the companies reported significant write-downs and higher costs respectively.
The state government today announced the investment of $2.7 million to secure a Caterpillar autonomous training facility in Collie, the first such facility in the Southern Hemisphere.
Westpac has named "battle-hardened" banking veteran John McFarlane as its next chairman to help it recover from the fallout of a massive money laundering and child exploitation scandal.
Australian stocks were down across the board at noon after days of record highs amid profit warnings and concerns about the deadly virus outbreak in China.
Oil prices fell about 2 per cent overnight as a market surplus forecast by the International Energy Agency and demand worries amid the outbreak of a virus in China outweighed concern over disruptions to Libya's crude output.
Gold eased slightly overnight as risk sentiment recovered and the dollar held firm, but expectations of dovish monetary policy from global central banks capped bullion's losses and kept prices above the $US1,550 an ounce level.
CIMIC Group subsidiary UGL has secured services contracts for its clients in the mining sector, including work at two of Alcoa of Australia’s WA sites.
The Australian share market has smashed through the 7,100 mark, resuming its record-breaking trajectory as some traders were apparently caught in a short squeeze.
Shares in St Barbara eased today after the company downgraded production forecasts at two of its goldmines, while fellow miner Regis Resources reported a strong quarterly result.
Perth company Georgiou Group has started upgrade works on High Street in Fremantle, as part of a $118 million state and federal government project designed to improve safety and reduce congestion.
Perth’s office market is continuing its recovery, with vacancies falling for the fifth consecutive quarter and the city recording the second-highest office takeup of any Australian city in 2019.
Indian state-owned corporation NMDC recently lifted its stake in local mining hopeful Legacy Iron Ore to more than 90 per cent in a deal that minor shareholders say dramatically diluted their equity, with regulators powerless to take action.
