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Despite recent market commentary about Pacific Aluminium no longer being for sale, the chief of this Rio Tinto division said any of the Australasian smelters would be considered for sale if the price was right.
BlueScope Steel, owner of New Zealand Steel, has strengthened its position in the Asian steel market by purchasing another plant in Malaysia.
The just-released Sustainability Report for BlueScope Steel details the environmental measures it is taking for its Australian, New Zealand and international operations.
A company controlled by New Zealand’s wealthy Todd family is undertaking a comprehensive review on the quality of iron ore at its Pilbara prospect in Western Australia to achieve an economic deposit.
After sobering data and a hefty fine, Steel & Tube’s executives told shareholders that there are good signs for better times ahead.
Another loan has been given to Nautilus Minerals to complete its seabed mining project in Papua New Guinea waters.
The steel mash saga exposed in New Zealand had an impact on Steel & Tube in the Auckland District Court this week.
New Zealand continues to play its part in the global aluminium production by continuing steady production in the September quarter as the Tiwai Point smelter prepares for expansion.
While Australia’s zeal for electric vehicles may be behind that of New Zealand, its miners are spending big to be a major supplier to the electric vehicle and battery market.
One of Aorere’s major investments is scaling down its Vietnam profile to enter less exotic regions and with a familiar face as chairman.