Statutory net profit for the first half to December 31 was $220 million, up from a net loss of $448 million for the same period last year. The company said it was on track to achieve iron ore sales of ...

Sydney -- Steelmaker and iron ore miner Arrium Limited (ASX: ARI.AX) (ex-OneSteel) has received a takeover bid from Korean steel giant, Posco, and its partner, the Singapore-based commodities trader ...

Mining and steel group Arrium has launched a $754 million capital raising to bolster its balance sheet following an iron ore price plunge, the FT’s Jamie Smyth writes. The company entered a trading ...

Arrium announced last Wednesday that it was considering mothballing its Whyalla steelworks in South Australia, after reporting a first half year net loss of $235.8 million. The international mining ...

After threatening last month to mothball its Whyalla steelmaking operations in South Australia, unless workers agreed to the elimination of 250 jobs, Arrium has demanded that workers at its nearby ...

The consortium, called Steelmakers Australia, said on Wednesday that it was deeply disappointed with the Arrium board's decision not to grant it the opportunity to go through the due diligence process ...

SYDNEY, Nov 4 (Reuters) - Insolvent Australian industrial group Arrium Ltd's U.S. based Moly-Cop division has been sold to private equity firm American Industrial Partners for $1.23 billion, two ...

SYDNEY (Reuters) - The administrator for troubled Australian steel and iron ore group Arrium Ltd said it had agreed to work toward a "constructive" outcome with Morgan Stanley after the investment ...