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Australia's top construction materials maker Boral Ltd said on Monday it will sell its North American fly ash business for $755 million, marking its exit from the market as it looks to focus on ...
Boral was founded by David Craig on 4 March 1946 as Bitumen and Oil Refineries (Australia) Limited with Caltex having a 40% shareholding. In March 1947, it opened Matraville Refinery, Australia's first bitumen and oil refinery. [1] In 1963, the company was renamed Boral Limited having been commonly referred to by its acronym since it commenced ...
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In April 2011, Seven Media Group was acquired by West Australian Newspapers to create Seven West Media. [14] SGH remains Seven West Media's largest shareholder, with a 40.2% stake. [15] In July 2021, Seven Group Holdings took 70% ownership in construction materials company Boral. [16] It gained full ownership of Boral in July 2024. [17]
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The gypsum deposit at Lake MacDonnell is the largest in the Southern Hemisphere. Gypsum has been mined at Lake MacDonnell since 1919. [3] Since 1984 the mine has been owned by Gypsum Resources Australia (GRA), which is owned 50% each by USG Boral (itself a 50–50 joint venture of USG Corporation and Boral) and CSR Limited.
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