Nov 24, 2017 Last Updated 3:11 PM, Nov 24, 2017

New Entry From the Editor :

Tesla completes construction of the world’s largest lithium ion battery in South Australia

Tesla completes construction o…

AusBN - Tesla has completed construction of its giant lithium ion battery i...

Rio Tinto prolongs association with China’s Sinosteel with JV extension

Rio Tinto prolongs association…

AusBN - Rio Tinto (ASX:RIO) and China’s Sinosteel Corporation have ag...

Amazon arrives in Australian retail market

Amazon arrives in Australian r…

AusBN - Amazon Australia has officially launched and will start taking orde...

Manufacturing grows for sixth consecutive month

cars1AusBN – Australia’s manufacturing industry grew for a sixth consecutive month in December, marking the longest unbroken run of growth since 2010.

The Australian Industry (Ai) Group’s Performance of Manufacturing Index slipped by 0.6 points to 51.9, but in staying above 50 this indicates expansion.

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Whyalla Steelworks to lose 250 jobs

steel rodsAusBN – OneSteel has announced that it will cut 200 jobs and 50 contractors from its Whyalla Steelworks over the next six to eight months in order to cut costs.

A statement from the company said the cuts were necessary because labour costs are the biggest proportion of the steelwork’s production costs.

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