Europe, the Americas and South-East Asia are firming as markets for players in the state’s rapidly growing biofuels sector amid expanding worldwide demand for alternative energy supplies.
The proposed development of a mineral sands mine near Keysbrook, 70km south of Perth, has stirred up strong debate within the local community, particularly with regard to the increasingly sensitive issues of water usage, pollution and truck traffic.
The idea of concentrating on a handful of products for a specific industry sector doesn’t seem to stick with Zenox Industries Global Pty Ltd, a Perth-based supplier of lubrication products.
In an industry littered with one- and two-person teams, a pair of web designers has decided to merge their businesses, in the process becoming one of the largest web site design companies in Western Australia.
Xceed Biotechnology Ltd non-executive chairman Patrick O’Connor is continuing to buy up the company, bringing the value of his stake to more than $2 million.
Burswood-based Wavenet International Ltd has broken into the European market with an order from Netherlands-based RAM Mobile Data for modems for operation on its private Mobitex network.
The nation’s big miners have posted record production levels for the June quarter, following a March quarter downturn resulting in the main from severe seasonal weather conditions.
Poor seasonal conditions and lack of market access have contributed to a significant fall in wine exports from Western Australia for the 2005-06 vintage.
A company linked to Australian Nobel Prize winner Professor Barry Marshall is continuing to further its business in Asia as a result of the free trade agreement with Thailand.
Iron ore developer Fortescue Metals Group last week signed a $535 million equity deal with a New York group after breaking off talks with Noble Group Ltd.
Iron ore developer Fortescue Metals Group Ltd has posted an operating loss after income tax of $2.1 million for 2006, up from 2005's operating loss of $4.5 million.
Western Australia recorded the largest gross value of fisheries production of all states in 2004-05, according to a recent report on Australian fishing statistics for 2005 by the Australian Bureau of Agricultural and Resource Economics.
Fremantle-based Frankland River Olive Company has broken into the Chinese market with the sale of more than 30,000 bottles, making up two containers, of its Jingilli extra virgin olive oil for distribution into high-end supermarkets, restaurants and hotel
West Perth-based Emerald Oil and Gas NL is on the path to developing several oil and gas opportunities since listing on the ASX last month and successfully raising $4 million.
Perth-based gold explorer Carrick Gold Ltd chairman Frank Carr has kept up his buying in the company with a $107,000 purchase last week, bringing the value of his stake close to more than $40 million.
The dry winter across much of Western Australia has significantly affected the outlook for the state’s agricultural producers, particularly wheat and sheep farmers – prompting concern for a major downturn in the rural business sector.
Overseas interest in Western Australia’s iron ore players continues, with both Fortescue Metals Group Ltd and Mount Gibson Iron Ltd recently involved in negotiations with Chinese investors.
