The administrator of collapsed steel group Arrium, Grant Thornton, has been forced out and KordaMentha is in charge after winning plaudits for its work in unravelling Ansett after it went bust in 2001.
Sajid Javid, the business secretary, opened up the possibility of a part- nationalisation of Port Talbot steelworks after offering to co-invest with a buyer "on commercial terms".
Western Victoria holds enough quantities of a critical chemical building block to justify a world-scale manufacturing investment and make the state the plastics capital of Australia.
The wild reaction to Tesla's affordable car doesn't necessarily make it easier to get the vehicle on the road.
China's steel sector will still have much more capacity than it needs after restructuring, suggesting no let-up for the beleaguered industry.
The ANZ froze the transactional bank accounts it holds for Arrium on Friday morning, demanding some form of firm security before the steelma...
Uncertainty is rife throughout the regional city of 22,000.
Australia's biggest landlords heightened level of risk surrounding their debt-laden steelmaker tenant Arrium after the company fell into adm...
Arrium's problems are deeper than its debt and poor investment decisions.
Bob Every, a former Arrium CEO, says the steelmaker was never sustainable with the $2.8 billion debt burden.
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