The country’s only silicon manufacturer has notched $39m to cut emissions amid the state's green ambitions being underscored by a wave of federal government support today.
Austal chairman Richard Spencer says he does not believe Hanwha can add value to the Perth-based shipbuilder but nonetheless has agreed to meet with the South Korean company next week.
South Korean conglomerate Hanwha has once again fuelled takeover speculation around Austal after placing a high-priced order for 9.9 per cent of the shipbuilder’s stock.
Prime Minister Anthony Albanese has called the US tariffs on Australian steel and aluminium “entirely unjustified”, while confirming retaliatory tariffs would not be imposed on US imports.
Austal has launched a $220 million capital raising to support its US operations, after which major shareholder Tattarang will get a board seat, while founder John Rothwell is selling down.
Business groups have welcomed the return of the WA Labor government to power but urged the government to get on with red tape reduction and energy transition progress.
NRW Holdings has made no provisions on its debt recovery over the administration of Whyalla Steelworks, and recorded a profit of $58.4 million in its half year results.
The growth of a state-of-the-art technical hub by Birdon at Henderson has coincided with a significant scale-up in defence sector activity in the region – but the firm is focused on more.
Ascot-based GR Engineering Services increased its revenue to $272.1 million during the first six months of the 2025 year – up $84.8 million from the prior corresponding period.
Days after announcing a series of strong half-year results, engineering firm Monadelphous has secured a series of new contracts, valued at around $400 million.
WA Labor plans to spend $75 million establishing two Western Power factories to manufacture equipment such as power poles and power lines in tandem with private industry.
A $2.4 billion government package will keep Whyalla's steelworks running and its debts paid while a new owner is found, after it was placed in administration.
SOUTH WEST: Future growth in Bunbury is expected to spill to the neighbouring shire, prompting a move to prepare for an increase in population and business.
SRG Global has upped its FY25 guidance for the second time in six months, forecasting an earnings windfall of up to $128 million after a record first half result.
Henderson-based Civmec has reiterated concerns regarding a shift in market conditions, which it says could result in the delaying or re-scheduling of projects.
Wesfarmers and Coogee Chemicals will proceed on the expansion of the sodium cyanide production hub in Kwinana, after reaching a final investment decision.
Engineering company Monadelphous Group has announced its net profit after tax for the first half of the 2025 financial year is likely to be higher than consensus predictions.
Major Western Australian alumina producer Alcoa has welcomed a $2 billion federal production credit package for aluminium smelters, highlighting flow-on effects for local operations.
Civmec has pushed back the deadline of its deal for Luerssen Australia by six months but will accelerate its efforts to integrate its shipbuilding operations while the acquisition is finalised.
