News

[ad_1] Federal minister for trade and investment Andrew Robb says he’s working to secure a good deal for Australia’s bulk sectors in negotiations over the proposed Trans-Pacific Partnership (TPP) free trade deal. Robb is in Hawaii this week, but not on holiday. The trade minister is meeting with representatives from 11 other countries to discuss

[ad_1] Reports from multiple sources suggest mining giant BHP will continue its simplification push by cutting 37% of staff at its central office in Melbourne. While still one of BHP’s headquarter offices (along with its London office), the move will see BHP’s Melbourne site fall beneath its Singapore hub in terms of staff count. Reports

[ad_1] Embattled trucking contractor McAleese has confirmed it now holds a 10.51% stake in struggling iron ore miner Atlas Iron, after it bought up shares during the miner’s equity raising drive ending last week. “McAleese Limited confirms that following the recent capital raising by Atlas Iron Limited it holds 280 million shares in Atlas, representing

[ad_1] Aurizon boss Lance Hockridge has recalled his struggles with the bureaucracy, lack of customer focus and “appalling” approach to safety he witnessed upon joining the bulk and freight rail operator in 2007, when it was part of state-owned Queensland Rail. Hockridge spoke last week at a Leadership Series lunch at Bond University, on the

[ad_1] A joint venture between freight and logistics operator Toll Group and stevedore DP World could see more freight moved in and out of Port Botany by rail. The partners announced the proposed 50/50 venture on Tuesday morning. Under the deal, a dedicated container staging port at Port Botany will be connected to an intermodal

[ad_1] The Supreme Court of South Australia has issued a warrant for the arrest of Nathan Tinkler, after the former coal billionaire failed to appear at a liquidation hearing on Monday.   Tinkler, who made his fortune between 2006 and 2012 through savvy investment decisions throughout the coal mining boom, has subsequently lost much of

[ad_1] BHP Billiton will spend $324m on six new tugboats and a new eight-pen tug harbour at Port Hedland, in a move some have suggested is in response to a lack of competition, and union control of tug services. Tug services at Port Hedland are licenced to the ASX-listed BHP, which currently owns 18 tugs

[ad_1] Rail operator Aurizon says a decline in fourth quarter intermodal tonnages, due in part to the sale of CRT Group, was partially offset by an increase in nickel volumes thanks to Indonesia’s export embargo. Bad weather in NSW in April and May, and the sale of CRT Group at the end of 2014 were

[ad_1] Australian start-up Green Distillation Technologies says its world-first tyre recycling method can recover energy from end-of-life tyres, with zero emissions. GDT is commercialising an Australian technology that recovers energy from old tyres. The Melbourne-based business is about to open a full, six-module plant in NSW, where it has been operating a single-module demonstration plant

[ad_1] Atlas Iron raised less than half of its $180m equity raising target over the window which ended last week, but managing director David Flanagan told shareholders he was “delighted” with the result. “This is an outstanding result for Atlas shareholders, for the 700 people who rely on Atlas for work and for the state