Announced completion of an agreement with MCI (NASDAQ:MCIP) to acquire the residential Internet access business of OzEmail, in a transaction valued at $110 million (AUD).
Announce the establishment of a new iron ore joint venture with a subsidiary of AMCI Holdings Australia Pty Ltd to explore for iron ore in the Hamersley region of Western Australia.
Announced the signing of a formal Subscription and Shareholders' Agreement with the European Investment Bank for US$5.5 Million in funding toward completion of Stage 3 of the Bankable Feasibility Stud
Has entered into a Heads of Agreement for the supply of roll forming equipment to an Indian manufacturer, on a turnkey project basis, to the value of A$4.0 million.