PRESS RELEASE

Rio Tinto acknowledges Government’s response to Juukan Gorge report

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto acknowledges the release of the Australian Federal Government’s response to the Joint Standing Committee on Northern Australia’s report into the destruction of rock shelters in Juukan Gorge on the land of the Puutu Kunti Kurrama and Pinikura people (PKKP) in the Pilbara Region of Western Australia. Rio Tinto Chief Executive Jakob Stausholm said, “Since the tragic events of May 2020, we have been tirelessly focused on changing the way we engage and work in partnership with Indigenous communities, to protect and preserve cultural heritage. We acknowledge today’s announcement and will explore the government’s response to the report’s recommendations in detail, as we continue to strive to be the best partner we can be, and play an active role in ensuring heritage sites of exceptional significance are protected.”

CORRECTING and REPLACING Metals Acquisition Corp. and Glencore Agree to Amend Terms of the CSA Mine Acquisition

Definitive amendment to Sale and Purchase Amendment Agreement entered into with Glencore International AG (“Glencore”) for the acquisition of the CSA Copper Mine (“CSA”) in New South Wales, Australia Consideration as originally agreed (US$1.1 billion plus 1.5% copper NSR) but payment terms amended to consist of: ‒ US$775m cash (with the ability to scale up to US$875m cash depending on PIPE demand) ‒ Up to US$100m of common equity ‒ US$75m deferred to be paid out of half the proceeds of any future equity raise ‒ US$75m contingent payment payable when copper averages &> US$4.25/lb for 18 continuous months over the Life of Mine (“LOM”) ‒ US$75m contingent payment payable when copper averages &> US$4.50/lb for 24 continuous months over the LOM ‒ 1.5% copper NSR

Metals Acquisition Corp. and Glencore Agree to Amend Terms of the CSA Mine Acquisition

Definitive amendment to Sale and Purchase Amendment Agreement entered into with Glencore International AG (“Glencore”) for the acquisition of the CSA Copper Mine (“CSA”) in New South Wales, Australia Consideration amended to consist of: ‒ US$775m cash (with the ability to scale up to US$875m cash) ‒ Up to US$100m of common equity ‒ US$75m deferred to be paid out of half the proceeds of any future equity raise ‒ US$75m contingent payment payable when copper averages &> US$4.25/lb for 18 continuous months over the Life of Mine (“LOM”) ‒ US$75m contingent payment payable when copper averages &> US$4.50/lb for 24 continuous months over the LOM ‒ 1.5% copper NSR

Rio Tinto’s BioIron™ proves successful for low-carbon iron-making

MELBOURNE, Australia--(BUSINESS WIRE)--Rio Tinto has proven the effectiveness of its low-carbon iron-making process using ores from its mines in Australia in a small-scale pilot plant in Germany, and is now planning the development of a larger-scale pilot plant to further assess its potential to help decarbonise the steel value chain. The process, known as BioIron™, uses raw biomass instead of metallurgical coal as a reductant and microwave energy to convert Pilbara iron ore to metallic iron in the steelmaking process. BioIron™ has the potential to support near-zero CO
More news

HR Company Deel Completes PayGroup Acquisition

Positions Deel as market leader in the global payroll, human capital management spaceSYDNEY--(BUSINESS WIRE)--Deel has completed its $AU 121M acquisition of APAC-based payroll and HCM company PayGroup Limited. PayGroup is now part of Deel, a private San Francisco-based payroll company, and has been delisted from the Australian Stock Exchange. Initiated in July 2022, the acquisition’s completion makes Deel a true leader in the global payroll and human capital management (HCM) space. It furthers Deel’s mission of helping millions of people work for the best companies in the world.

Irenic Sends Letter to News Corp’s Special Committee Regarding the Need to Explore Value-Maximizing Alternatives to a Combination with Fox

Asserts News Corp’s Fundamental Value Is At Least $34 Per Share Given Its Exceptional Assets and Operating BusinessesBelieves Special Committee Must Evaluate All Paths to Maximizing Value for ShareholdersIssues Presentation That Details Valuation Analysis and Outlines Multiple Alternatives, Including a Tax-Free Separation of Digital Real Estate and a Separation of Dow JonesNEW YORK--(BUSINESS WIRE)--Irenic Capital Management, L.P. (together with its affiliates, “Irenic” or “we”) today announced that it has sent the below letter to the Special Committee of the Board of Directors of News Corporation (NASDAQ: NWSA, NWS) and released a detailed presentation, which can be downloaded above.

Azura Ophthalmics Announces Participation at Upcoming Investor Conferences

TEL AVIV, Israel & MELBOURNE, Australia--(BUSINESS WIRE)--Azura Ophthalmics Ltd., a clinical-stage biopharmaceutical company developing a new therapeutic class of Ophthalmic Keratolytics for ocular surface diseases, today announced that members of management will present at BTIG’s Ophthalmology Day 2022, being held on November 29, and at the Piper Sandler 34th Annual Healthcare Conference, being held from November 29 through December 1. The Azura management team will also be available for 1X1 investor meetings.

Concert Pharmaceuticals Announces Presentation of Deuruxolitinib THRIVE-AA1 Phase 3 Study Results in Alopecia Areata During World Congress for Hair Research

New Analyses Presented on the Effect of Baseline Severity and Duration of Current Episode of Hair Loss on Scalp Hair RegrowthMELBOURNE, Australia--(BUSINESS WIRE)--$CNCE #Alopecia--Concert Pharmaceuticals, Inc. (NASDAQ: CNCE) today announced the presentation of data from its THRIVE-AA1 Phase 3 clinical trial during the 12th World Congress for Hair Research. The presentation highlights THRIVE-AA1 study results evaluating Concert’s investigational oral medicine deuruxolitinib (CTP-543) in adult patients with moderate to severe alopecia areata, an autoimmune disorder that results in patchy or complete scalp hair loss. The World Congress presentation includes new analyses from THRIVE‑AA1 showing the effect of deuruxolitinib on regrowth of scalp hair based on disease severity and duration of current episode of hair loss. The data are being presented by Brett King, M.D., Department of Dermatology, Yale University School of Medicine and clinical investigator of THRIVE-AA1.

Dreamstime Joins Boycott of Qatar World Cup, Calls for Awareness Visual Stories Instead

NASHVILLE, Tenn.--(BUSINESS WIRE)--$photos #Dreamstime--Dreamstime, the world’s largest stock photo community, announces that it will not accept images or footage from the Qatar World Cup in its editorial section. The agency explains that well-documented human rights concerns and the migrant workers’ status and conditions in Qatar have led to the decision to boycott this year’s top sports event.

Stonepeak and Spirit Super to Acquire Australia’s GeelongPort

NEW YORK & SYDNEY & MELBOURNE, Australia--(BUSINESS WIRE)--Stonepeak, a leading alternative investment firm specializing in infrastructure and real assets, and Spirit Super, an Australian industry super fund, today announced the signing of a definitive agreement to acquire 100% of Australia’s GeelongPort Pty Limited (“GeelongPort”). GeelongPort is Victoria’s second largest port located approximately 75 kilometers southwest of Melbourne within Victoria’s largest regional city, Geelong. Under the terms of the agreement, Stonepeak, on behalf of its managed funds and accounts, will hold a majority 70% interest in the entity and Spirit Super will have a 30% stake.

Forsta Names Henry Pooley as Managing Director, Asia-Pacific (APAC) Region

Company places expanded emphasis on bringing its award-winning Human Experience (HX) platform to the Asia-Pacific regionLONDON & SYDNEY--(BUSINESS WIRE)--Forsta, a leading global provider of market research, customer experience (CX), and employee experience (EX) technology, today announced that Henry Pooley has been appointed Managing Director for the Asia Pacific (APAC) region, signalling a more significant focus on the region going forward.

Christmas Cashback and a Super New Slot at Juicy Stakes Casino

Take a look at what’s on offer online this weekSYDNEY--(BUSINESS WIRE)--It’s not meant to be the most wonderful time of the year just yet, but try telling that to Juicy Stakes Casino, who are beating Father Christmas to the chase with a brand new slot, a flurry of Free Spins and a cashback offer to rival any Christmas gift. First down the chimney this week is Sleighin’ It, a special delivery from Santa. This fresh and festive slot is filled with features, bonuses and cash prizes. And Juicy Stakes are putting the icing on the christmas pudding, giving all depositing players – whether they’ve been naughty or nice this year – 10 Free Spins to put it to the test.

Vitruvian Trainer+ Named One of TIME’s Best Inventions of 2022

PERTH, Australia--(BUSINESS WIRE)--Vitruvian, an in-home, paradigm-shifting, strength and personal training platform, has been selected by TIME for its 2022 Best Inventions list which features 200 extraordinary innovations changing lives. To compile the list, TIME solicited nominations from TIME’s editors and correspondents around the world, and through an online application process, paying special attention to growing fields—such as the electric vehicle industry, green energy, and the metaverse. TIME then evaluated each contender on a number of key factors, including originality, efficacy, ambition, and impact.

Fair Go Casino Launch $10,000 Cash Tourney and Their Black Friday Sale

Your chance to compete for Fair Go’s biggest prize pool yetSYDNEY--(BUSINESS WIRE)--This. Is. Big. Fair Go Casino is back with the biggest tournament EVER! Give a warm welcome to Holiday Fortune and the awesome opportunity to play for a share of $10,000 cash. Christmas is here and the sun is shining, but this mammoth $10K guaranteed prize pool is what it’s all about this holiday season. Running from 18th November to 26th December, give the beach a break until Boxing Day and compete for this whopping wad of cash.

Patrys Appoints Global Biotechnology Leader as Chairman - In Preparation for First Clinical Trial for Groundbreaking Cancer Therapy

MELBOURNE, Australia--(BUSINESS WIRE)--Patrys Limited (ASX: PAB, “Patrys” or the “Company”), a therapeutic antibody development company, has announced the appointment of Dr. Charmaine Gittleson as the Chairman of the Board of Directors – a highly respected and experienced global biotechnology leader. Dr. Gittleson is the former Chief Medical Officer of CSL Limited with more than 20 years of experience in pharmaceutical development in the USA and Australia. Dr. Gittleson’s expertise spans many aspects of the pharmaceutical industry, from drug development and clinical research through to strategic planning and executive management. Dr Gittleson has been involved in drug development programs across a wide range of different therapeutic areas, and has successfully worked with regulators in key markets such as the US, EU, Asia Pacific, Japan and South America.

Embark on the First of Two Fantasy Life Updates in Mabinogi’s Winter Season

Dive Into Mabinogi's Improved New Milletian Experience With The “NEXT: New Beast” Update On November 17LOS ANGELES--(BUSINESS WIRE)--#mabinogi--Mabinogi, Nexon’s free-to-play fantasy MMORPG, begins the winter season with two meaningful events. Entitled “NEXT,” these two-part game updates include overhauled character growth, faster and more convenient leveling, plus revised tutorials and UI improvements during November, and the introduction of Arcana talents in December!

Triton Digital Releases the Australian Podcast Ranker for October 2022

SYDNEY--(BUSINESS WIRE)--Triton Digital®, the global technology and services leader to the digital audio, podcast, and broadcast radio industries, announced today the release of the latest Australian Podcast Ranker. The Ranker provides insight into the Top 150 Podcasts as well as the Top 150 Australian-Made Podcasts, the Top Publishers in Australia, and the Top Sales Representatives in Australia from 1 October through 31 October 2022, as measured by Triton’s Podcast Metrics measurement service. The month of October had 72.2M downloads.

Asana Named a Leader in Collaborative Work Management Tools Report by Independent Research Firm

Asana recognized for goal-oriented approach that drives greater enterprise adoptionSAN FRANCISCO--(BUSINESS WIRE)--Today Asana, Inc. (NYSE: ASAN) (LTSE: ASAN), a leading work management platform for organizations, was named a Leader by independent research firm Forrester in its report: The Forrester Wave™: Collaborative Work Management Tools, Q4 2022. Forrester evaluated 13 collaborative work management platforms and tools against 30 criteria across three categories, including current offering, strategy, and market presence. Asana received the highest possible score of 5.0 in 10 criteria, including integration capabilities, marketplace availability, execution roadmap, and supporting products and services.

GMO Announces Initial Net Zero Asset Targets

BOSTON--(BUSINESS WIRE)--Grantham, Mayo, Van Otterloo LLC (GMO), a global investment manager, has released its initial net zero targets and transition plan. In October 2021, GMO became a signatory of the Net Zero Asset Managers initiative (NZAM) and committed to reducing GMO investment portfolios’ net emissions to zero by 2050 or sooner, in line with efforts to limit global warming to 1.5 degrees Celsius. GMO believes that climate change poses critical risks for the companies and countries in which it invests and that the net zero pledge will help to improve long-term investment outcomes for GMO clients.

Australasian Inter-Service Incident Management System (AIIMS) Tecnologies & Tools - Main Players Analysis - 2022 Report - ResearchAndMarkets.com

DUBLIN--(BUSINESS WIRE)--The "Australasian Inter-Service Incident Management System (AIIMS) Tecnologies & Tools - Main Players Analysis - 2022 Report" report has been added to ResearchAndMarkets.com's offering. Australasian Inter-Service Incident Management System (AIIMS) has been adopted by DFES and other agencies to manage incidents and provides an adaptable and scalable structure that enables functional delegation to ensure that all vital management and information functions are addressed during an emergency.

Pacific Defense Awarded Defense Innovation Unit Contract to Deliver Assured PNT 3U Cards for Army and Broader DoD adoption

EL SEGUNDO, Calif.--(BUSINESS WIRE)--#USARMY--Pacific Defense, a leading open systems integrator delivering Modular Open Systems Approach (MOSA) products and mission solutions, announced today that it is has signed a contract with the Defense Innovation Unit to deliver assured positioning, navigation, and timing (APNT) 3U cards developed in alignment with the Sensor Open System Architecture™, SOSA™ Technical Standard and C5ISR Modular Open Suite of Standards (CMOSS). The prototype Other Transaction (OT) award builds upon the Pacific Defense SX-124 APNT 3U card developed on internal R&D funds. The SX-124 can receive, intelligently filter, and fuse multiple PNT sources to provide accurate and reliable PNT data to the weapon system platform, its subsystems, and operators.

CrowdStrike Named a Leader in Frost & Sullivan’s 2022 Frost Radar: Cloud-Native Application Protection Platform

“CrowdStrike is one of the fastest-growing cloud security vendors,” according to Frost & SullivanAUSTIN, Texas--(BUSINESS WIRE)--CrowdStrike (Nasdaq: CRWD), a leader in cloud-delivered protection of endpoints, cloud workloads, identity and data, today announced it has been recognized as a Leader in Frost & Sullivan’s inaugural Frost Radar: Cloud-Native Application Protection Platform, 2022

The World’s Largest Battery Powered by U.S.-Based Powin has Kicked Off Execution in Australia

The Waratah Super Battery (WSB) is proposed to reside at the site of the old Munmorah Power Station, a 1400 MW coal-fired power plant serving Sydney, Australia and beyond.Powin will supply the equipment capable of 909MW of power and 1915MWh of energy capacity, making it the “most powerful battery in the world” when operationalThe BESS, which will form part of a System Integrity Protection Scheme (SIPS), will act as “shock absorber” for the electrical grid for system reliability purposes.

Azura Ophthalmics Announces Positive Results from Phase 2b Clinical Trial of AZR-MD-001 in Meibomian Gland Dysfunction

AZR-MD-001 0.5% meets co-primary efficacy endpoints, making it the first investigational drug to show significant improvements in both signs and symptoms of Meibomian Gland DysfunctionRestoration of gland function shown to improve downstream response measures of ocular conditions associated with Meibomian Gland DysfunctionRapidly advancing AZR-MD-001 to Phase 3 in 2023TEL AVIV, Israel & MELBOURNE, Australia--(BUSINESS WIRE)--Azura Ophthalmics Ltd.

KKR Leads US$68 million Series B Funding Round in AI Leader Advanced Navigation

Value-added support from KKR to accelerate R&D, innovation and global expansionNEW YORK--(BUSINESS WIRE)--Advanced Navigation (the “Company”), a developer of AI robotics and navigation technology, and KKR, a leading global investment firm, today announced the signing of definitive agreements under which KKR will lead a US$68 million (AUD108 million) Series B funding round in the Company. The funding round includes participation from new investors such as deep learning venture firm AI Capital and existing investors, including Main Sequence, the Hon. Malcolm Turnbull AC, In-Q-Tel, and Our Innovation Fund, bringing Advanced Navigation’s total amount raised to more than US$85 million.

Triton Digital Releases the New Zealand Podcast Ranker for October 2022

AUCKLAND, New Zealand--(BUSINESS WIRE)--Triton Digital®, the global technology and services leader to the digital audio, podcast, and broadcast radio industries, announced today the release of the latest New Zealand Podcast Ranker. The Ranker provides insight into the Top 100 Podcasts as well as the Top Networks in New Zealand from 1 October through 31 October 2022, as measured by Triton’s Podcast Metrics measurement service. The month of October had 8.7M downloads.

DNEG Announces New Visual Effects and Animation Studio in Sydney; First Project is “Furiosa” with Director George Miller

Academy Award® Winner Andrew Jackson Named as Creative Director for New DNEG Sydney StudioLONDON & LOS ANGELES--(BUSINESS WIRE)--DNEG, a leading visual effects (VFX) and animation studio for the creation of feature film, television and multiplatform content, in coordination with New South Wales (NSW) Government, today outlined plans for a new VFX and animation studio in Sydney, Australia. The new studio, which will be located in Pyrmont, within Sydney’s Tech Central district, is slated to open in early 2023 and will have a total capacity of up to 500 seats.

Woodward to Open First Urban Center in Sydney, Australia, One of Several Major Investments in Action Sports

Global Leader in Action Sports Experiences Announces Expansions and Investments Including First Overseas Location, Camps Renovations, and a Renewed Emphasis on Youth Progression and Female EmpowermentPARK CITY, Utah--(BUSINESS WIRE)--#actionsports--Woodward, the global leader in action sports experiences, announced today it is expanding overseas, opening its first ever Urban Center in Sydney, Australia. Scheduled to open in late 2024,

WP Engine Sets Example for WordPress Performance and Global Scale on Microsoft Azure

WP Engine extends its multi-cloud solution with implementation of its industry-leading managed WordPress platform on Azure, delivering 7x faster performance.AUSTIN, Texas--(BUSINESS WIRE)--WP Engine, the world's most trusted WordPress platform*, today announced the launch of its Managed WordPress Platform on Microsoft Azure. Companies who prefer Microsoft can now choose Azure to build and scale WordPress experiences with WP Engine, meeting advanced IT and technology requirements for scaled performance

Civeo Announces a 5-Year Integrated Services Contract Renewal with Expanded Scope in Australia

HOUSTON & SYDNEY--(BUSINESS WIRE)--Civeo Corporation (NYSE: CVEO) today announced that it was awarded a five-year contract with a leading resources player to provide integrated services at six villages in Western Australia. Civeo was previously contracted to provide integrated services at four of the villages. The new contract took effect October 01, 2022 and includes options to extend the agreement by up to two years.

Cyara Accelerates Growth With Senior Global Appointments

MELBOURNE, Australia--(BUSINESS WIRE)--Cyara, provider of the leading Automated Customer Experience (CX) Assurance Platform, has appointed Max Lipovetsky to the role of VP Products and Russ Hellmann to VP Growth Marketing, as it accelerates its global foothold. With over 20 years’ experience in the contact centre and IVR industry, Max Lipovetsky brings a wealth of knowledge as Cyara’s VP Products. In 2003, Max co-founded Global Speech Networks and brought to market one of the first SaaS contact centre clouds - capturing the attention of some of ANZ’s largest businesses. Based in Melbourne, Australia, Max will be instrumental in guiding Cyara through its next stage of product innovation, including the fast-evolving role of AI in testing.

monday.com Finds Australian IT Professionals More Than Double Software Investment in 2022, Spending More Than US and UK Counterparts

Over half of Australian IT decision-makers increased their software budgets in 2022 despite economic challenges, with additional increases expected in 2023SYDNEY--(BUSINESS WIRE)--monday.com (NASDAQ: MNDY), a work operating system (Work OS) where organisations of any size can create the tools and processes they need to manage every aspect of their work, today released a new report surveying Australian IT decision makers for insights on how they are approaching work, IT spend, and software.

Dialpad Introduces Dialpad for Good to Australia and New Zealand, Extending Global Reach and Startup Support

The Dialpad for Good Program, now available to Australian and New Zealand businessesProgram already increased tech accessibility for 750+ businesses throughout Canada, US and UKSAN FRANCISCO--(BUSINESS WIRE)--Dialpad, Inc. – the industry leader in AI-powered communication and collaboration – today announced that Dialpad for Startups, a part of the company’s signature Dialpad for Good umbrella of programming and resources aimed at supporting underrepresented founders and small businesses beyond the technology sector, will now be available in Australia and New Zealand.

Mary Kay Inc. Announces Forest of Hope Film Festival Selection and Tree Planting Impact

DALLAS--(BUSINESS WIRE)--Mary Kay Inc., a global advocate for sustainability, is proud to announce that Forest of Hope—a documentary sponsored by the company to shed light on the fight to save forests and tell the story of conservation and women’s empowerment—has been officially selected for four film festivals. Forest of Hope was written, directed, and produced by an all-female team and screened at La Femme International Film Festival, a premiere film festival celebrating, supporting, and advancing content creation by women producers, writers, and directors from around the world. It was also selected for the North Dakota Environmental Rights Film Festival, Hot Springs International Women’s Film Festival, and the Green Film Festival.

Pages