In a harrowing incident in Tasmania, an Indian-origin student pursuing his master’s degree at the University of Tasmania has been left in a medically induced coma following a brutal assault. The student, in his 20s, suffered grievous injuries, including ‘extradural bleeding’ leading to a shift in his brain, as reported by Sydney’s Special Broadcasting Service. […]
TasFoods Limited has announced that the Australian Competition and Consumer Commission (ACCC) has given the green light to the sale of Betta Milk and Meander Valley Dairy to Bega Cheese Limited. This transaction, valued at A$11 million plus inventory, includes the acquisition of businesses and certain assets of both dairy brands, as well as a […]
Australian energy infrastructure company APA Group has confirmed entering into documentation to potentially acquire Basslink that owns and operates the Basslink electricity interconnector between Victoria and Tasmania. Under the proposal, Basslink will be acquired for AUD 773 million ($486.2 million). Regarding the ongoing operations of the 370km high voltage direct current Basslink electricity interconnector, APA […]
Vedanta Limited said that its fully-owned subsidiary — Monte Cello BV (MCBV) has agreed to sell Copper Mines of Tasmania (CMT), the owner of the Mt Lyell Copper Mine in Australia, through an option agreement with New Century Resources. The Mt Lyell Copper Mine is a small copper asset, which has been placed on care […]
The Samancor Manganese joint venture (JV), owned by South32 and Anglo American, has agreed to sell its stake in Tasmanian Electro Metallurgical Company (TEMCO) held by subsidiary Groote Eylandt Mining Company (GEMCO) to an entity within British business tycoon Sanjeev Gupta’s GFG Alliance. The deal involves the sale of the TEMCO smelter in Bell Bay, […]