More than half of Quintis’s workforce have been made redundant with some of its Western Australian operations placed onto care and maintenance.
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Private Companies - Large
Rank Company # 72nd Quintis Sandalwood $33.1m 73rd Vegas Enterprises $29.0m 76th Perth Markets $25.4m 77th Terrex Seismic $22.0m 138 private companies - large ranked by revenue most recent financial year
Autonomous Rio train derails in the Pilbara
Rio Tinto says it is investigating after an autonomous train derailed 80km out of Karratha overnight.
The derailment, understood to have been the result of a collision between a loaded iron ore train and a recovery train, took place just after midnight on Monday.
A spokesperson for Rio told Business News no people were injured in the incident, and that work would soon begin to clear the line.
“There were no people in the vicinity of the incident, and no injuries,” they said.
Jack McGinn reports on mining projects in the state, including the closures and scale backs that happened in early 2024.