Listed Companies
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Infrastructure
Todd finally gets A$7b Pilbara mine go-ahead
Todd Corp has finally prevailed over the long-standing efforts of minority shareholders in its efforts to green-light a $A7 billion-plus iron ore mine in the Western Australian desert.A single shareholder, OCJ Investments holding 22.5 percent of the company, broke a defiant deadl...
Services
Moa says earnings will still be positive despite downgrade
Beer and cider maker Moa Group has downgraded its forecast annual operating profit although it still expects to post its first ever positive earnings before interest, tax, depreciation and amortisation result, thanks to its newly acquired hospitality venues. Now, the company e...
Primary Sector
Fonterra sells Dennington site to ProviCo
Fonterra Australia has agreed to sell its shuttered Dennington factory to ProviCo Australia for an undisclosed sum. “Since we announced the factory’s closure in May, we’ve been working with potential buyers to find a commercially viable and sustainable future for the site," Fonte...
Infrastructure
Meridian expands in Australia, hopes for rain
Meridian Energy will be hoping tropical storms that have brought flooding to much of the country’s eastern coast will deliver some respite for its dams in New South Wales.The company bought the Hume, Burrinjuck and Keepit power stations from Trustpower in early 2018 to underpin t...
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