Category Archives: News

04 Feb

Murray Goulburn wins Coles cheese deal

[ad_1] Murray Goulburn will provide cheese for Coles’ home brand. Photo: Dairy Australia Dairy co-operative Murray Goulburn has snatched a contract from competitor Bega, to supply home brand cheese to Coles for the next five years. MG has added the cheese deal to a ten-year partnership announced with Coles in 2014, to supply daily pasteurised

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03 Feb

Slowdown means more imports for BHP Nickel West

[ad_1] BHP Billiton Nickel West. Photo: BHP Billiton Oliver Probert – Sydney February 3, 2016 BHP’s Nickel West business will lift nickel concentrate imports after a series of local mine closures led to an even bigger shortfall for the refinery operation. After Nickel West asset president Eddy Haegel said in October last year the miner

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03 Feb

Tinkler gets money for Anglo mine bid

[ad_1] Nathan Tinkler says Australia is still in a good position in the coal sector, relative to its competition. Photo: WICET Oliver Probert – Sydney February 3, 2016 Nathan Tinkler’s Australian Pacific Coal (APC) has raised the capital it needs to acquire an 83.33% share in the Dartbrook coal mine in the Hunter Valley from

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03 Feb

Adani mine reapproved after Land Court recommendations

[ad_1] Nine new conditions relate to the black-throated finch. Photo: Creative Commons / Chris Williamson The Queensland Government has added nine conditions to the environmental approval of Adani’s proposed Carmichael mega-mine, after its initial approval was challenged in the Land Court by an environmental group. The Department of Environment and Heritage Protection issued a final

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03 Feb

BHP credit rating slips, dividends threatened

[ad_1] Iron ore stockpiles at Port Hedland. Photo: BHP Billiton US agency Standard & Poor’s has downgraded BHP Billiton’s credit rating this week, warning the mining giant it could slip further if it continues to deliver the same dividends to shareholders despite the slump in commodity prices. BHP has maintained a policy of not allowing

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28 Jan

New managing director for Telestack

[ad_1] Martin Dummigan, new managing director of mobile conveying specialist, Terex. Charles Macdonald – Sydney January 27, 2016 Mobile conveying specialist Telestack has appointed Martin Dummigan, formerly at Terex, as its new UK-based managing director. In his previous 10-year career at Terex, Dummigan held various roles. His last saw him serve as vice president, China

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28 Jan

Transmin and Flexco forge partnership agreement

[ad_1] Flexco HXF Super RHS Extra Heavy-Duty Primary Belt Cleaner. Charles Macdonald – Sydney January 27, 2016 Bulk material handling equipment supplier Transmin and belt conveyor component specialist Flexco have announced what they describe as a “Global Project Partnership Agreement”. According to both companies, the agreement “delivers mutual customers Transmin’s world-class engineered equipment and supplies,

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27 Jan

Bulk shipping index continues to drop

[ad_1] Bulk shipping is at its cheapest point in some time. Photo: Oliver Probert Mixed results are expected for Australia’s bulk exporters, as the Baltic Dry Index continued its decline last week. Fears of a global trade slowdown have driven the index – used as an indicator for the price of bulk commodity shipping –

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27 Jan

Qube clarifying CIC’s role in Asciano bid

[ad_1] Qube is looking to drastically expand its multi-modal portfolio. Photo: Qube Qube is reportedly working to assuage concerns over China Investment Corporation (CIC)’s involvement in its bid for Australian port and rail giant Asciano. The Chinese sovereign wealth fund is an investor with Global Infrastructure Partners, a key financial ally to Qube Holdings in

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27 Jan

Coal demand tipped to peak by 2025

[ad_1] Coal ships loading at Newcastle. Photo: Southern Cross Maritime Oliver Probert – Sydney January 27, 2016 Global demand for coal will grow until 2025, then will taper off to 30% of the world’s energy mix by 2040, according to a new report from ExxonMobil. ExxonMobil’s 2016 edition of The Outlook for Energy predicts global

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