Fortescue Metals Group Ltd is a step closer to obtaining access to railways owned by BHP Billiton Ltd and Rio Tinto Ltd after Treasurer Wayne Swan ruled they should be opened to third parties.
Rio Tinto Ltd, the world’s second largest iron ore producer, says it is disappointed by the federal government’s decision to allow third-party [...]

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Sims Group Ltd boss Jeremy Sutcliffe has finalized a $AU1.7 billion dollar merger with US-based Metal Management Inc and stepped down from his six year chief executive role with the world’s largest scrap metal recycler, to executive director. Sutcliffe, who has been the chief executive of Sims for the past six years, will remain as an [...]

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