Rio Tinto is to develop its most technologically advanced mine following the full approval of a $2.6 billion1 (A$3.5 billion) investment in the Koodaideri iron ore mine in Western Australia. Koodaideri will deliver a new production hub for Rio Tinto’s world-class...
DEUTZ AG has today published its consolidated financial results for the first three quarters of 2018. New orders rose from €1,173.8 million to €1,548.7 million, an increase of 31.9 per cent. In the third quarter of 2018, new orders...
Japanese multinationals commit to the Western Sydney Aerotropolis   The New South Wales Government has signed two international investment agreements with two of Japan’s biggest multinationals to establish a presence in the Western Sydney Aerotropolis. Mitsubishi Heavy Industries and the Sumitomo Mitsui...
The Australian sales and service company of the Liebherr Group will take over on the 1st of January 2019 the business activities, including all the employees and locations of Morrow Equipment Co. L.L.C. in Sydney, Brisbane and Wellington. According to...
Mining, Construction, and Utilities giant Komatsu has begun its biggest ever recruiting drive to employ technicians across Australia, New Zealand and New Caledonia. They will join more than 3000 people already working for Komatsu. ​ The highly structured campaign, thought to be...
Rio Tinto has signed a binding agreement to sell its entire interest in the Grasberg mine in Indonesia to PT Indonesia Asahan Aluminium (Persero) (Inalum), Indonesia’s state mining company, for $3.5 billion. Separately, Inalum has signed a binding agreement...
Orica announces that Chief Financial Officer, Mr. Vince Nicoletti, will leave Orica for personal reasons. He will assist with an orderly transition until the end of 2018. Mr. Christopher Davis will be appointed as Chief Financial Officer effective 1 October...
Rio Tinto has been informed by Hydro that it has withdrawn its offer to acquire the ISAL smelter in Iceland, its 53.3 per cent share in the Aluchemie anode plant in the Netherlands and its 50 per cent share...
By 30 June 2018, SANY International’s sales revenue reached 2.196 billion yuan, a year-on-year growth of 82.9 per cent; gross profit reached 710 million yuan, a year-on-year growth of 78.9 per cent; net profit achieved 358 million yuan, an...
Caterpillar, Inc. announced today that it has entered into a preliminary agreement with Weiler, Inc. to sell the Cat® purpose-built forestry business. The sale is subject to negotiation of a final agreement, the closing of which is expected by...

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