Industry News

Nov 24, 2020
CIMIC Group shifts on payment terms

CIMIC Group shifts on payment terms

Major contractor CIMIC Group is returning to 30-day payment terms for its small business suppliers and subcontractors in Australia. The group – whose operating companies include CPB Contractors, UGL, Thiess and Sedgman – said the policy would be implemented progressively in the coming months.   The group came under fire late last year when UGL’s payment terms w...

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Nov 24, 2020
Camooweal facilities set for $900,000 makeover

Camooweal facilities set for $900,000 makeover

Mount Isa City Council will be carrying out a major upgrade of the Camooweal Community Hall and other works throughout the town thanks to a $909,519 grant. Camooweal works to be funded under the Federal Government’s Local Roads and Community Infrastructure Program include: The upgrade of the Community Hall, incorporating electrical and fire safety upgrades, re-stumping/levelling of the bu...

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Nov 24, 2020
Land deal sets scene for TECH plant progress

Land deal sets scene for TECH plant progress

A planned $550 million-plus Townsville battery materials plant is a step closer with Queensland Pacific Metals formally securing the project site. The company, a subsidiary of Pure Minerals, has entered into a binding reservation deed with Townsville City Council for the land in theLansdown Eco-Industrial Precinct. “The reservation deed secures the TECH (Townsville Energy Chemicals Hub) ...

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Nov 24, 2020
Red River locks in renewed offtake deal

Red River locks in renewed offtake deal

Red River Resources has renewed its lead and zinc concentrateofftake agreements and an extended working capital facility with commodities trading group Trafigura. The company owns the Thalanga base metal operations 55km west of Charters Towers, where it has been producing copper, lead and zinc concentrate since September 2017. Red River said the new offtake agreements would commence in Janu...

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Nov 24, 2020
Avatel brings step change in development charging

Avatel brings step change in development charging

Orica and Epiroc Rock Drills AB have co-developed a prototype of the world’s first semi-automated explosives delivery system. The firms say customers in the underground mining industry can look forward to safer, efficient and more productive development blasting as early as the end of 2021, as they commence commissioning on Avatel. Epiroc underground division president Sami Niiranen said ...

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Nov 23, 2020
Masterclasses focus on  government contracts

Masterclasses focus on government contracts

The Chamber of Commerce & Industry Queensland is hosting a series of masterclasses throughout the state on winning government business. Presented by Thomas Pollock, author of ‘Winning Government Business’, the sessions offer insights to help secure government contracts, in simple, clear and direct steps. These free masterclasses will be held across Queensland on the following da...

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Nov 23, 2020
New service to help METS sector unlock funding

New service to help METS sector unlock funding

A consortium of specialist resources consultants has unveiled a new service to help METS businesses tap into the Australian Government’s multi-billion-dollar manufacturing stimulus package. Unlock is a strategic grant writing service provided by LarkinSykes Advisory, Stellar Consulting Services and AR Consulting. The Australian Government is offering $50 million to support transformative ...

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Nov 23, 2020
Northern growth in spotlight at Rockhampton conference

Northern growth in spotlight at Rockhampton conference

The sixth annual Developing Northern Australia conference has opened in Rockhampton, bringing together governments, industry and researchers to focus on driving the region’s economic growth. Minister for Resources, Water and Northern Australia Keith Pitt gave the opening address, highlighting more than $4 billion provided for northern Australia in the October Budget to help it rebound f...

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Nov 23, 2020
Volvo CE unveils mid-size electric excavator concept

Volvo CE unveils mid-size electric excavator concept

Volvo Construction Equipment (Volvo CE) has revealed its first electric prototype in the mid-size excavator range. The concept EX03 electric wheeled excavator – showcased at the China International Import Expo (CIIE) this month – promises low noise, zero exhaust emissions and reduced maintenance. While still in the concept stage with no current plans to bring it to market, the c...

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