24/06/2008 - 07:24

Today's Business Headlines

24/06/2008 - 07:24

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WA eyes $340m bonanza; Austal casts a wide net for new chief as Rothwell steps ashore; WA gas crisis to ease in August; Perilya to cut and run from CBH link; Wyllie Group gets back into energy with $15m Amadeus stake

Today's Business Headlines

WA eyes $340m bonanza
Rio Tinto's iron ore price victory over Chinese steel mills is set to deliver the WA Government a windfall of more than $300 million next financial year. The West

Austal casts a wide net for new chief as Rothwell steps ashore
Austal is casting around for an outsider to manage its Perth-based Australian business after John Rothwell yesterday confirmed plans to hand over day-to-day management of the shipbuilder he has headed for more than 20 years to former Alinta chief Bob Browning. The West

WA gas crisis to ease in August
West Australian businesses and residents will have gas shortages until the end of the year, after news the company at the centre of the crisis will not resume production until mid-August. The Fin Review

Perilya to cut and run from CBH link
Base Metals producer Perilya and CBH Resources are expected to reveal today that their proposed merger has been scrapped after Perilya walked away from the deal. The West

Wyllie Group gets back into energy with $15m Amadeus stake
The cashed up Wyllie Group has made its first plunge back into the oil sector since its ill-fated investment in Tap Oil last year, splashing out $15 million for a 15 per cent stake in Perth-based Amadeus Energy. The West

 

THE WEST AUSTRALIAN

Rio Tinto's iron ore price victory over Chinese steel mills is set to deliver the WA Government a windfall of more than $300 million next financial year.

Austal is casting around for an outsider to manage its Perth-based Australian business after John Rothwell yesterday confirmed plans to hand over day-to-day management of the shipbuilder he has headed for more than 20 years to former Alinta chief Bob Browning.

Base Metals producer Perilya and CBH Resources are expected to reveal today that their proposed merger has been scrapped after Perilya walked away from the deal.

The cashed up Wyllie Group has made its first plunge back into the oil sector since its ill-fated investment in Tap Oil last year, splashing out $15 million for a 15 per cent stake in Perth-based Amadeus Energy.


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