Nufarm gets go ahead to sell South American operation

Agricultural chemical manufacturer Nufarm (ASX: NUF) has been given the go ahead by shareholders to sell its South American division to Nufarm shareholder, Sumitomo for $1.2 billion. The Melbourne company, which has faced headwinds in Australia with the prolonged drought and in the United States with extensive flooding, received the go ahead in an overwhelmingly…

WA’s ‘battery valley’ begins to take shape

Western Australia’s ‘battery valley’ centre for processing and manufacture of battery materials is taking shape with approval for a third facility in the Kwinana industrial area south of Perth. High purity alumina (HPA) producer FYI Resources (ASX: FYI) has been offered and accepted a site within the Kwinana area to set up an HPA refinery.…