Tag archive for ‘Australia’
By businessnewstoday On Sunday, June 17th, 2018
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BHP and partners to proceed with South Flank iron ore project in Australia

(adsbygoogle = window.adsbygoogle || []).push({}); Mining industry news : Australian mining company BHP is all set to move ahead with the development of the South Flank iron ore project in the central More...

By businessnewstoday On Wednesday, April 4th, 2018
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EnergyAustralia to acquire Ecogen Energy’s gas-fired power plants

Energy acquisition news : EnergyAustralia has agreed to acquire Ecogen Energy, the owner of the 510MW Newport gas-fired power plant and the 440MW Jeeralang gas-fired power plant, for AUD 205 million ($157.38 million).  More...

By businessnewstoday On Sunday, April 1st, 2018
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Rio Tinto to exit coal mining business with sale of Kestrel coal mine for $2.25bn

Mining industry news : Rio Tinto is all set to exit from coal mining business by selling its 80% stake in the Kestrel coal mine in Queensland to a consortium of EMR Capital and Indonesian coal producer Adaro Energy, More...

By businessnewstoday On Thursday, March 22nd, 2018
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Rio Tinto to sell Queensland coal mine stakes to Glencore for $1.7bn

Mining industry news : Australian-British mining giant Rio Tinto has made a $1.7 billion deal to exit from two Queensland coal mines – the Hail Creek coal mine and the Valeria coal mine in Australia by selling More...

By businessnewstoday On Sunday, March 18th, 2018
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Wesfarmers to spin off Australian supermarket chain Coles into separate company

Retail industry news : Australian supermarket chain Coles Supermarkets is all set to be spun off from its parent company Wesfarmers into a new $18 billion independent company listed on the Australian Securities More...

By businessnewstoday On Sunday, March 11th, 2018
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Wartsila signs $123m contract for AGL Energy’s Barker Inlet Power Station

Power solutions provider Wartsila has signed a $123 million worth EPC contract for the 211MW Barker Inlet Power Station, a new gas fired power plant in Australia owned by AGL Energy. Under the terms of the EPC contract, More...

By businessnewstoday On Saturday, March 3rd, 2018
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Aus govt to take over full ownership of Snowy Hydro from NSW and Victoria

Energy acquisition news : The Australian government has struck a deal worth more than AUD6 billion ($4.65 billion) with the New South Wales (NSW) and Victorian governments to buy out their stakes in Snowy Hydro, More...

By businessnewstoday On Thursday, February 22nd, 2018
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US pharma giant Merck to buy Australian biotech company Viralytics for $394m

Merck acquisition of Viralytics : US pharma giant Merck has made an AUD 502 million ($394 million) deal to acquire Viralytics, an Australian biotech company focused on developing oncolytic immunotherapy treatments More...

By businessnewstoday On Monday, February 5th, 2018
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AGL Energy breaks ground on Barker Inlet Power Station in South Australia

AGL Energy has broken ground on its AUD295 million ($234 million) Barker Inlet Power Station, a gas fired power plant with a capacity of 210MW, located in South Australia. The new gas fired power plant of the Australian More...

By businessnewstoday On Friday, January 26th, 2018
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Nexif Energy breaks ground on Lincoln Gap Wind Farm in South Australia

Wind industry news : Nexif Energy, an independent power producer has broken ground on its Lincoln Gap Wind Farm, a new 212MW Australian wind farm project being built near Port Augusta in South Australia with an More...