The share price for Steel & Tube yesterday hit a new low after the company released a downgrading of its financial guidance.
The departing New Zealand Associated Smelters chief, who is moving to the North Island to run NZ Steel, has had some sound comments about the country’s need to provide sustainable power for heavy industry.
There will be a strong focus on the New Zealand bourse today with the anticipated resumption of trading by Steel & Tube Holdings which is expected to provide a new profit guidance for FY2018.
A change has been made to the funding mandate agreement between Nautilus Minerals and its financial advisor.
The key factor behind BlueScope Steel increasing its half year guidance was not operations in Australia or New Zealand but in Ohio in the United States.
Imported Chinese steel is the subject of an legal appeal by the country’s sole steel maker New Zealand Steel.
An editorial in a major newspaper sees merit in a survey of the environmental impact of seabed mining.
Flinders Mines, controlled by New Zealand’s rich Todd family, has established a massive resource for its iron ore project in Western Australia, but it has many other hurdles to jump in the quest to mine.
The financial backing from major shareholders is coming in for Nautilus but getting a resolution to a boat build default may set a production start on seabed mining.
The Perth-based explorer that plans to join forces with an offshore ironsands project developer has its fingers crossed for the outcome of an appeal against the project by environmentalists.