BHP Eyes French Steel Project Participation
BHP may join a French led consortium to build a four lane integrated steel works in southern France as part of a 1984-era plan. The deal would involve Australian iron ore exports and require cross border facilities, with Comalco contributing a significant share of output to the EEC market.
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Crean Discusses Iron Ore Exports and Japanese Steel Plans
In Tokyo Tuesday, Mr Coun of IAAP and others voiced optimism over Austin Jian iron ore and coking coal exports to Japan. They described Japan's goal to raise steel output within years, potential new ore sources like China, and Australian finance shaping supply and capital structures amid broader political and economic debates.
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Arabian Gulf firm plans 31 million unit store expansion
A Dubai based company outlines a 31 million project to establish a new cold storage facility. The plan involves a joint venture with a regional partner to enable expansion across the United Arab Emirates. The announcement signals growth in logistics and warehousing capacity for perishable goods.
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Hoover improves in Australia and profits on sale
The report shows a net gain of 1,505.72 dollars after depreciation of 380,585 and taxes of 1,350,050. It notes a profit on sale of fixed assets and a declared steady dividend of 278 percent.
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