A privately-owned mining group owned by a trio of high-profile contractors has gone into voluntary administration owing creditors more than $100 million.
Mining software as a service provider, K2fly has reported some strong results in its March-2021 quarterly report, including a record $2.06m in quarterly invoicing, up 27 per cent on the corresponding quarter in the 2019/20 financial year. K2fly's total contract value for its software as a service offering in the March quarter is also up a staggering 146 per cent on the same quarter last year after it hit $9.13m for the quarter.
Wesfarmers managing director Rob Scott has called for a nationally consistent approach to quarantine and lockdowns as COVID-19-related buying boosted sales across the conglomerate's retailers.
Construction of the Mt Holland lithium mine and a Kwinana refinery will begin next year, Wesfarmers announced today, with the green light given to the mine development.
Tim Goyder-chaired Liontown Resources has recruited BHP executive Tony Ottaviano to lead the company in its transition from lithium explorer to developer.
A final investment decision for Wesfarmers and SQM's proposed lithium project in WA has been delayed, as the joint venture undertakes further work to reduce its cost.
Wesfarmers' retail businesses have buoyed the group over the past four months, with online sales from Bunnings and Officeworks soaring as consumers spend more time at home.
Perth-based lithium producer Altura Mining has been placed in receivership after the ASX-listed company was unable to refinance its debt, placing 100 jobs at risk.
Our board moves wrap includes Nicolaus Heinen, Sam Willis, Janine Herzig, Barry Patterson, Robert Marusco, Andrew Jones, Andrew Bald, Anthony Hamilton, Claire Newstead-Sinclair, Derek Humphry, and Diane Smith-Gander.
Will working from home reshape the role of the office? Business News explores the potential impact on Perth's commercial property sector as part two of the Working From Home Series.
Ora Banda Mining has signed a long-term agreement with Wesfarmers' liquefied natural gas business to supply power to the Davyhurst goldmine in Western Australia.
BHP has substantially expanded its Western Australian workforce to 14,118 people, making it the State's second largest private sector employer, according to Business News Data & Insights.
Wesfarmers and SQM are progressing a sharpened up lithium refinery project in Kwinana, with a $600 million proposal heading to development assessment next week.
Fortescue Metals Group has become Western Australia's most valuable company after strong production data released today supported its remarkable two-year share price rally.
Industrial services provider Downer has been awarded $324 million in contracts with the likes of BHP, Santos and Wesfarmers across the electricity, oil, gas and industrial sectors.
There are five major commodities mined in WA that have substantial downstream processing. Credit for most of the value adding can be attributed to investment decisions taken decades ago, as Mark Beyer reports.
Wesfarmers says it is seeing significant demand growth in its Bunnings and Officeworks businesses as customers spend more time at home, amid coronavirus restrictions.
Wesfarmers has outlined plans to halve Target's 284-store network and slash jobs after a review found financial performance unsustainable at the troubled Target business.
BHP and Fortescue Metals Group have welcomed new inspection rules for iron ore imports into China, but only after the news raised concerns that trade tensions between China and Australia could have claimed another victim.
Wesfarmers has accelerated a review into its underperforming Target business as coronavirus lockdown measures hammer sales and spell a likely earnings decline.
The conditions that have slowed growth in WA's lithium sector won't last forever and there are some great opportunities for companies taking the long-term view.
Wesfarmers chief Rob Scott believes the pandemic threat has been well handled by authorities so far, but has urged political leaders to ensure there is a level playing field when it comes to supporting business. Click through to watch the video interview.
Wesfarmers expects to make a $130 million pre-tax profit after selling down another lot of shares in supermarket giant Coles to shore up its balance sheet.
Australian shares have achieved back-to-back gains for the first time since the coronavirus crisis began, rallying in the final minutes of trade on reports that US politicians have reached a deal on a massive US stimulus deal to shore up the world's biggest economy.
