The clean Energy Finance Corporation’s work of co-investing alongside private sector funds has never been more important than in 2024. Here in his investment update for 2023-24 CEFC CEO Ian Learmonth writes of a year of investment opportunities and constraints, of emissions progress and the increasingly personal impacts of climate change. As a specialist investor…
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By Professor Akbar Rhamdhani You might not know it, but critical minerals are the hidden engine powering our daily lives. They drive the functionality of our electronics, medical devices and renewable energy systems. Without them, our world would grind to a standstill and the technology we rely on every day, such as smartphones and laptops,…
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Mining and energy company Fortescue’s hydrogen-powered haul truck prototype, dubbed ‘Europa’ by the company, has arrived in the Pilbara region of Western Australia where it will undergo site testing. The Liebherr T 264 haul truck will be tested in a real-life mining environment at Christmas Creek, informing decisions on the company’s future fleet of zero…
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IDT Australia secures Sanofi contract Pharmaceutical development company IDT Australia has secured a follow on contract with pharma giant Sanofi Australia for preclinical formulation, development and manufacture of Sanofi’s messenger RNA (mRNA). The contract, worth up to $4 million, continues the company’s advancement of mRNA-based vaccine formulation, development and manufacture at IDT’s aseptic sterile injectables…
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Guidelines for applying under the Round 4 of the Export Market Development Grants (EMDG) program have been released, the federal government has announced, with funding between $20,000 to $80,000 available. The round is scheduled to open for SMEs on November 12, and include a test – designed by the Export Council of Australia – available…
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Australia’s most successful manufacturer, biotechnology company CSL today reported net profit after tax of $2.64 billion for the 12 months ended 30 June 2024, up 25 percent on a constant currency basis. Net profit after tax (NPATA) was $2.91 billion, up 15 percent on revenue up 11 percent to $14.8 billion. CSL’s Chief Executive Officer…
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A report released by think tank Climate Energy Finance (CEF) has claimed that decarbonising the Pilbara region of Western Australia is key to doubling Australian iron exports by value to $250 billion. The report, SUPERPOWERING-UP, was released on Tuesday and warns against continued inaction in greening the Pilbara’s energy supply. According to the report, only…
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Display manufacturer APC Technology, is to supply Generic Vehicle Architecture (ASGVA) displays for Hanwha Defence Australia’s (HDA) Redback infantry fighting vehicles. The contract under the government’s LAND 400 Phase 3 programme makes APC Technology the sole domestic supplier of GVA screens for the project. The ASGVA screens, designed and manufactured by APC Technology in Adelaide,…
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Through April and May, 2024 @AuManufacturing news published opinion crowd sourced from readers and members of the Australian Manufacturing Forum Linkedin group articulating the issues around a drastic slump in Australia’s innovation effort over the past 10 years, as measured by R&D. Today we launch our e-book summarising 27 expert opinions and putting the case…
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Mackay-based tray and truck bodies manufacturer Macs Engineering was recently awarded $200,000 as part of the Queensland government’s Manufacturing Hubs Grant Program, which has led to five new hires by the company. According to a statement on Monday from the state’s assistant Minister for train manufacturing, Bruce Saunders, Macs purchased and installed a Bystronic Xpert…
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