Australia may not yet manufacture lithum ion batteries in any quantities but companies continue to make progress tackling various parts of the production process. This week Altech Chemicals (ASX:ATC) was invited to construct a high purity alumina (HPA) plant in the German state of Saxony. The company, which is completing a similar plant in Malaysia,…
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The Australian Industry Group has attacked Canberra’s ‘big stick’ energy legislation as heavy handed, excessively dangerous and counter-productive. Ai Group Chief Executive, Innes Willox said the government’s bill went far beyond recommendations made by the ACCC inquiring into the energy market, and established new powers never before given the government. Willox said: “The so-called ‘big…
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The South Australian government has granted major project status to a venture which aims to become Australia’s first commercial rocket launch site. Southern Launch is aiming for its Whalers Way Orbital Launch Complex “to get off the ground in 2020”.
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Diversified brick manufacturer, Brickworks (ASX:: BKW) has defied a downturn in local construction and housing to post a record net underlying profit after tax (NPAT) of $234 million. The Sydney company booked revenue up 17 per cent for the 2019 year to $919 million, and an EBIT of $346 million up 12 per cent, according…
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The federal government has pledged $3 million to deepen Australian co-operative research with the United States on unmanned defence systems. Defence industry, Melissa Price announced what is seed funding to the University of Melbourne, Macquarie University, the University of NSW and Queensland University of Technology. The funding is under the AUSMURI programme, a sister programme…
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Comment by Peter Roberts Australia’s business boardrooms need to get serious about innovation, with few recognising the urgent need to prioritise innovation, acording to a new report from the Australian Institute for Company Directors (AICD). Given the current realities of Australian manufacturing, this is a comment that should be taken on board even more urgently…
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Nominations have opened for Western Australian Renewable Hydrogen Fund grants of between $300,000 and $3 million, supporting feasibility studies, demonstration or capital works projects in the state.
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According to a new report for the federal government, the vast majority of workers made redundant by the end of Australian car assembly in 2016 and 2017 have found new jobs.
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Medical technology developer LBT Innovations (ASX: LBT) has won European CE mark certification for its APAS Independence laboratory instrument, allowing sale in all European countries. The company has identified 130 priority customers among laboratories in Europe, and will follow its successful strategy of placing its instruments with the laboratories for performance evaluation. APAS is an…
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Applications are open for the fourth Australian Military Sales Catalogue, which promotes local defence products and services for sale to foreign governments.
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