Austal shares soar to record high amid global tensions
Shares in WA naval shipbuilder Austal have doubled in less than a year, hitting a record $8.82. Global tensions and Hanwha's stake are key drivers. Read the full analysis.
Shares in WA naval shipbuilder Austal have doubled in less than a year, hitting a record $8.82. Global tensions and Hanwha's stake are key drivers. Read the full analysis.
The Australian share market closed slightly lower on Monday, with the ASX200 falling 0.1% amid thin trading volumes ahead of the New Year holiday. Discover the day's top performers and laggards.
Australian shipbuilder Austal secures a massive $1.03 billion contract to build landing craft for the Army in Henderson, WA, boosting local manufacturing and jobs. Read the full story.
Treasurer Jim Chalmers has pledged a decision by Christmas on Hanwha's bid for a 19.9% stake in Austal. The move, under FIRB scrutiny, could reshape Australia's naval shipbuilding landscape.
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Treasurer Jim Chalmers addresses Japan's national security concerns about South Korea's Hanwha acquiring Australian shipbuilder Austal. Read the latest developments.
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Australian shipbuilder Austal calls for urgent action on WA defence manufacturing precinct, warning South Australia is aggressively pursuing their business. Defence industry at critical juncture.
Austal CEO addresses Japanese concerns over Hanwha's bid for a stake in Henderson shipyard. Will it impact Australia's $10 billion frigate deal? Read the latest.
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Japan formally voices security concerns to Australian Defence regarding South Korea's Hanwha bid for Austal. The move could impact regional defence partnerships.
Japanese government expresses national security concerns as South Korea's Hanwha Group bids for Australian shipbuilder Austal. What this means for regional defence.
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AustralianSuper increases stake while L1 Capital sells down in Mineral Resources, creating uncertainty around Chris Ellison's leadership future and the company's strategic direction.
Western Australian shipbuilder Austal takes control of design work for the Australian Army's troubled Landing Craft project, aiming to get the critical $2 billion defence program back on track after significant delays and budget concerns.
ASX-listed Mineral Resources sees massive share surge following impressive Onslow Iron production results and dramatically reduced lithium operating costs, signalling strong market confidence.
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South Korea's defence powerhouse Hanwha Group remains in contention for a strategic investment in Australian shipbuilder Austal, potentially reshaping naval manufacturing in the region.