ASX Announcements
Update - Notification of buy-back - AZJ
Daily Share Buy-Back Notice
Update - Notification of buy-back - AZJ
Daily Share Buy-Back Notice
Update - Notification of buy-back - AZJ
Daily Share Buy-Back Notice
Update - Notification of buy-back - AZJ
Daily Share Buy-Back Notice
Update - Notification of buy-back - AZJ
Daily Share Buy-Back Notice
February
Whyalla steelworks fallout trips up $1.5b mining contractor
NRW Holdings must hastily redo its half-year result because its Golding business is owed up to $120 million in the collapse of part of Sanjeev Gupta’s empire.
Aurizon revisits splitting rail network from haulage business
The group hasn’t previously accepted banker pitches to separate its rail business. But a share price and earnings slump has put the idea back on the table.
January
Gupta’s unpaid bills mount up despite Whyalla steel restart
Five suppliers to Sanjeev Gupta’s Whyalla steelworks and nearby mines have lodged fresh notices of defaults for a combined $650,000.
November 2024
Gupta owes $684,000 to suppliers in Sydney’s industrial heartland
An Australian business owned by one of India’s richest families is among those chasing payments, while Aurizon extends ban of iron ore transport at Whyalla.
October 2024
Aurizon suspends Sanjeev Gupta’s iron ore rail service
Unpaid bills have forced the freight transportation provider to temporarily cut off the embattled Whyalla steelworks owner.
Aurizon investors impatient for Top End contracts
Aurizon is in “regular” talks with potential customers for its ambitious land bridge scheme, but scepticism abounds over whether it can pull the bold plan off.
September 2024
Pacific National takes hefty write-down on NSW coal business
The rail freight group has written off $424 million and blamed lower container freight volumes, bad weather and smaller harvests for deepening the annual loss of its parent.
August 2024
Chanticleer’s hits and misses from day one of earnings season
Retailer JB Hi-Fi was the standout result on day one of earnings season. Here are the key things our Chanticleer columnists noticed today.
Aurizon tumbles on weak earnings outlook
The rail group’s shares slid despite a $150 million buyback and 25 per cent rise in net profit as investors took a dim view of its 2024-25 prospects.
July 2024
Whitehaven Coal says inflation is ‘rife’
The coal miner says the cost of parts and services continues to rise despite higher unemployment, as a rail “glitch” soured its $6.4b move into Queensland coal.
Aurizon acquisition could push up cargo prices: ACCC
The company’s attempts to move into stevedoring in South Australia as it expand its bulk freight business could be used to “frustrate” rivals, the regulator said.
Transport needs to avoid becoming the nation’s biggest emitter
Without dramatic changes, this may be the last industry to decarbonise. Aurizon, the winner of the Logistics and Transport category, aims to change that with its electric locomotive.
June 2024
Russian mining membership dogs global coal lobby
Now known as FutureCoal, the organisation says it is “agnostic” after appointing a Russian director. Its members include Yancoal, Whitehaven and Incitec Pivot.
May 2024
Retiring Reece chair lists $12m family mansion in South Yarra
Melbourne-based Reece chair Tim Poole and his wife Jane have listed their South Yarra home, Atherley, after 24 years owning the Italianate mansion.
February 2024
Aurizon wants to repay investors after 82pc profit jump
Chief executive Andrew Harding says “the business has performed very well”.
December 2023
BHP executive the new boss at Incitec Pivot
Mauro Neves de Moraes ran coal and copper operations for the mining giant in Queensland and Chile. He was given the top job over an internal candidate.
October 2023
Pacific National takes $59m annual loss, discloses tax office audit
The rail freight group, chaired by Catherine Livingstone since March, has blamed floods and industrial action for the loss as annual earnings slid 11 per cent.
September 2023
Why the CEO of this $7b business wants execs to speak up in meetings
People who sit in meetings and disagree with everyone else, but leave without speaking up, are failing to act with integrity, says Aurizon CEO Andrew Harding.
Chinese steel giant wants out of Queensland after $300m settlement
China’s Baowu will try to sell its remaining Queensland coal assets after closing a disastrous contract that forced it to pay for unused port capacity
August 2023
What we learnt from Monday’s earnings
Our columnists James Thomson and Anthony Macdonald take a deep dive into key profit results: JB Hi-Fi, GPT Group, Bendigo & Adelaide Bank, Aurizon, and Lendlease.