Fortescue taps NRW for $57m Eliwana contract

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.

Lithium momentum continues in Pilbara, South West

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.

ASX surges, $A touches a 10-year low

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 price up 2% but demand concerns weigh

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 up as weak data underpins growth fear

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.

Morning Headlines

Perth house price slide to ease in 2019

Morning Headlines

Warning of deaths over solar panels

Morning Headlines

Oil plunge hammers shares

Morning Headlines

PM’s $9.2bn tax cut plan for election

Sam Walsh to chair Gold Corp

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.

Morning Headlines

Coalition $30bn in the black

Morning Headlines

Corporate tax take increases by 19 per cent

Perron pledges billions to charity

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.

Morning Headlines

GIC backs $326m buy as mining cities regain lustre

Morning Headlines

Financiers take control of $61 million Park Avenue apartment complex

Morning Headlines

Australia seeks more of lithium battery pie

Board ructions at Tempo

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.

Morning Headlines

NBN targets business for $1 billion

New leadership for WASO, WAAPA

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.

New DG at Department of Education

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.

Morning Headlines

Australia becomes an LNG force