Australia Breaking News

Maas Group Holdings (ASX:MGH) has secured approval from the Foreign Investment Review Board to sell its construction materials division to Heidelberg Materials Australia.

Arafura Rare Earths (ASX:ARU) extended its binding supply agreement through subsidiary Arafura Nolans Project to deliver up to 500 tonnes per annum of NdPr oxide.

Abacus Group (ASX:ABG) has executed an agreement to sell its full 19.60% stake in Storage King Group (ASX:SKG) for total gross proceeds of $284.8 million.

Neu Horizon Uranium (ASX:NHU) completed its summer field campaign across the Arvidsjaur, Sorsele, and Vilhelmina uranium projects in Sweden.

Livium (ASX:LIT) announced that its insurer settled the final legal claim tied to a January 2019 fire at Envirostream Australia’s former Campbellfield site.

Sultan Resources (ASX:SLZ) applied for an exploration licence covering 171.2km2 within the Central Damara Orogen in Namibia.

Gree Electric Appliances chairwoman Dong Mingzhu told Bloomberg TV's Avril Hong in a exclusive interview that Europe's cold winters represent the company's next growth opportunity, following record summer heat that nearly doubled air-conditioning revenue in the region. She also discussed Gree's European expansion, energy storage business, and AI's impact on its workforce.

Finbar Group (ASX:FRI) has commenced construction at its $192 million Romeo development in Applecross, Perth.

Forrestania Resources (ASX:FRS) confirmed it will comply with Takeovers Panel orders while continuing its takeover bid for Zenith Minerals (ASX:ZNC).

InfraBuild has committed $15 million in capital expenditure across Western Australia over the next two financial years.

Macmahon (ASX:MAH) has executed a share purchase agreement to acquire 100% of Aspect Engineering Solutions for an enterprise value of $75 million.

The Australian federal government is assessing a potential ban on camera-equipped smart glasses across Commonwealth workplaces, Centrelink service centres, and CSIRO laboratories.