Fortescue Metals Group has selected Belmont-based NRW Holdings as the preferred contractor to deliver the first stage of earthworks, roadworks and drainage works at the company's Eliwana rail project, located 90 kilometres west of the town of Tom Price in Western Australia’s Pilbara region.
Western Australia continues to evolve into a globally significant energy metals province, with Pilbara Minerals securing funding to support a second stage of its Pilgangoora lithium mine in the north of the state, while US chemicals giant Albemarle Corporation has begun work on its $1 billion lithium hydroxide facility near Bunbury.
The ASX has surged at the open, boosted by percentage-plus gains for financials, energy and mining stocks, while the Aussie dollar is limping back after slumping to a decade low.
Oil prices are up about two per cent amid choppy trading supported by a slight recovery on Wall Street, even as concerns remained about weakening global economic growth which could hurt demand for oil.
Gold has risen to its highest level in over six months as weak factory activity data in Europe and Asia compounded concerns of a global economic slowdown and weighed on stock markets, increasing the precious metal's appeal.
The state government has selected former Rio Tinto boss and current Mitsui & Co director Sam Walsh as the new chair of Perth Mint operator Gold Corporation.
Perron Group has announced key board appointments after the passing of its founder Stan Perron and disclosed the “greater majority” of its $4 billion in net assets will be donated to charity.
One month after resigning as a director, Guido Belgiorno-Nettis has rejoined West Perth-based contractor Tempo Australia as chair, replacing Charlie Bontempo, who resigned two weeks ago.
Two major arts companies have today announced new leadership, with the WA Symphony Orchestra appointing Mark Coughlan as chief executive and the Western Australian Academy of Performing Arts naming David Shirley as executive dean.
Melbourne-based executive Lisa Rodgers has been appointed director general of the Department of Education, making her the fifth woman to be appointed to a director general role in Western Australia this year.
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