Mount Isa Mayor Peta MacRae has issued an urgent plea to state and federal governments to secure a deal saving the Mount Isa Copper Smelter and Townsville Refinery, warning 17,000 jobs are at risk as mining giant Glencore prepares to mothball operations. The desperate intervention on Wednesday follows Glencore’s confirmation it is preparing to place…
Wood supplier ForestOne will close its dry sawmill and particleboard manufacturing operations at its Benalla facility, according to an ABC report on Saturday. The company announced on Friday it would maintain its green sawmill manufacturing and lamination line but scale back other operations due to increased manufacturing costs and weak market demand. Managing director Ian…
Oceania Glass, Australia’s only architectural glass manufacturer, collapsed after its private equity owner declined to fund a $21 million plant upgrade, administrators told creditors on Sunday. The 169-year-old company, which supplied large glass panes for Parliament House in Canberra, appointed Grant Thornton as administrator on February 4 after facing liquidity issues. Administrator Lisa Gibb informed…