Comalco Seeks $3 Million Finance for Likely Expansion
Comalco reports a $3 million result with plans for new capacity at the Gladstone aluminium operations. The project aims to increase mine and handling facilities to about 4.9 million tons annually, funded by a mix of finance and government support. Completion targeted by 198N with expansion underway at Weipa and Bell Bay facilities.
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Msi A
Queensland
Aks
Omy
Commonwealth
Rane
Nt Foxg
Fy Air
United States
TAC reports share value drop and interim results details
TAC reveals a fall in its share value and discloses interim figures including a net profit update and large pending liabilities. The report mentions defence dividends, payments due within a year, and a rise in amounts payable, with references to a takeover context and comments from chairman S W Thoepe.
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Tie Fighting Paieinvises UA
Shite Hindereld Maffat
Tie Tre
Jim Reerered
Dite
Tare Fighting
8. W. Thoepe
Sydney
Intermodal containerisation reshapes cargo packaging standard
A historical discussion outlines shifts toward intermodal containerisation as a means to streamline shipping costs. It notes the use of standardized eight by eight by forty containers and the potential reuse of conference resources to reduce expenses while expanding services.
Legislation aims to cut freight costs by arbitration system
A proposed framework would group Australian shippers into associations to negotiate freight charges with overseas conferences. The plan, under the Australian Overseas-Transport Association, would set up arbitration to fix rates, align with Trade Practices law, and regulate cartel-like conferencing. Government aims to curb rising costs for shipments to Europe and Britain.
Modern Shipping Wharf Upgrades For Faster Cargo Handling
The document describes new cargo handling methods on sounder keels and ships, using 2 road semi trailers and 199 pail tanks to move goods to holds. It cites international standards, mentions Mel bourne and Sydney regions, and notes cranes forklifts and mechanized yard operations enabling rapid loading and unloading of 10 000 ton cargoes within 24 hours, reducing traditional wharf labor and weeklong processes.
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Nulla
Queensfarus Lawn
Sydney
Melnwnsine
Surney
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Ariekyie
Econ
Andernass
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Nike
Fran
Melbourne
Seinletrailer Sr
Chile copper move boosts share prices
State-run Corporation announced a fundamental revision of Chilean producers prices causing a rapid rise in copper shares. The immediate price increase follows the revision, signaling stronger market expectations for Chilean copper and related industries worldwide.
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Chile
Industry facing 'year of the tightrope'
The report notes a sharp rise in Chilean copper prices fueling speculation about Chile's feud and its ripple effects on global markets. It cites Financial Times and industry players, with producers facing high costs, potential price adjustments, and market volatility as a pivotal year ahead. The piece mentions Zam bia, copper caps, and stock movements in New York and London as investors react to the Chilean situation.
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Chile
Zambia
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New York
Platinum and Bauxite Stocks Peak in Australia Market
Australian markets report a surge in platinum and related metals with a robust rise in shares as government stockpiles shed surplus material. President releases details on stockpile sales, boosting confidence while industries note strong demand in chemicals and machinery. Gem and electrical sectors show wide gains amid rising price momentum. Production and policy moves by leaders amid postwar recovery influence demand.
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Walinne
Cal and Electrical Industries
Venterday
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Charles Allan Ani
Australia
London
Olympus
Japanese study finds vast NG timber suitable for paper
A Japanese survey team led by a New Finmen official reported huge areas of fine timber in New Finmen suitable for paper manufacture. The announcement was made in Port Moresby on Friday.
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Port Moresby
Finmen
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