Industrial recycling — creating value from waste — is fast becoming a necessity and increasingly presents both incredible business opportunities and environmentally sound practice, writes Dan Webber, CDE regional manager Australasia.
GFG Alliance’s SIMEC Mining has agreed to determine the development and commercialisation potential of Havilah Resources’ Maldorky and Grants iron ore projects in South Australia.
BGC Contracting stands out in Australia’s mining services environment with a focused strategy that is benefitting miners around the country.
KordaMentha Restructuring has completed the sale of Arrium Group companies to Britain’s GFG Alliance after it secured the deal to acquire the business.
BGC Contracting’s track record as a collaborative mining services partner is serving the company well as it pursues growth to its contract portfolio.
The chairman of new Arrium owner, Britain’s GFG Alliance, has reinforced the company’s commitment to the South Australian steel-maker and iron ore miner’s management, staff and unions.
Arrium’s committee of creditors has backed the sale of the steel and iron ore mining company to Britain’s GFG Alliance.
Britain’s GFG Alliance has emerged as the buyer of troubled iron ore miner Arrium despite not being the preferred bidder for the company.
A Korean consortium, including leading steel-maker POSCO, has been chosen as the preferred bidder for South Australian-based iron ore company Arrium, which entered voluntary administration in 2016.
BGC Contracting is aiming to deliver significant cost-savings for Arrium in South Australia through a collaborative contract signed between the two companies.
Complex services company SRG has secured an agreement with BGC Contracting to extend the terms of its drill and blast operations at Arrium’s South Middleback Ranges and Iron Knob mine sites
BGC Contracting has secured a five-year contract worth more than $720 million for Arrium’s Iron Knob and South Middleback Ranges iron ore projects in South Australia.
Rockwell Automation assisted Arrium Mining on the design, installation and commissioning of modular crushing and screening equipment to process and stockpile hematite iron ore at Iron Knob.
Creditors have been told by Arrium administrators KordaMentha that the company should be sold to the highest bidder, rather than liquidated, and that the group may have traded while insolvent prior to its April collapse.
The South Australian government and SA senator Nick Xenophon have urged the new federal government to secure the long-term future of the Whyalla steelworks.
Arrium’s Moly-Cop grinding media business has lodged an application with Chilean environmental authorities to double capacity at its Mejillones plant.
The federal government announced a $49.2 million loan for Arrium’s iron ore mines, which it said would have an “immediate impact” on the iron ore and steel business.
Labor will announce a commitment worth $100 million to attempt to save Arrium’s Whyalla plant, but the federal government has criticised the timing of the news, saying it wouldn’t enter a political auction on the issue.
The South Australian government has pledged $50 million to assist in saving the Whyalla steelworks, requesting that both sides of federal politics also commit to co-investment in the facility.
A forensic investigation into Arrium’s collapse is underway, reconstructing events focusing on the six months prior to the company’s April 7 administration.