Sanjeev Gupta’s Liberty Primary Steel has extinguished the coke ovens at the Whyallla steelworks in South Australia after more than five decades in operation. Liberty, part of the GFG Alliance, took the step on the way to decarbonising its Whyalla operations – originally built by BHP and that played a key part in Australia’s war…
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Redflow raises further $6.75 million, totalling $11.65 million from Entitlement Offer Energy storage company Redflow told the ASX last week that it has received firm commitments from institutional and sophisticated investors for an additional $6.75 million (before costs) via placement of entitlement shortfall shares, at a price of $0.21 per share. Combined with approximately $4.9 million…
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No two days are the same when running any business, even at the best of times. But sometimes, companies will be forced to fundamentally reinvent what they’re all about. Many manufacturers will move from one line of work to a new one, either organically or because they saw disruptive change ahead. One famous example is…
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Breakthrough Victoria has announced an investment in Atmo Biosciences, a medical technology company that has developed capsules that are swallowed and electronically diagnose gastrointestinal disorders. Breakthrough Victoria — an independent company set up in 2021 to manage the state government’s $2 billion Breakthrough Victoria Fund — did not disclose the size of the investment. In…
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Meat and food processing company JBS Australia is constructing a bioenergy system at its Scone Processing Plant in New South Wales that eliminate the equivalent of 28,000 tonnes of carbon dioxide emissions per year. The system will capture wastewater emissions and substitute its liquified natural gas (LNG) consumption with renewable gas sourced from an anaerobic…
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The South Australian and federal governments have announced the finalisation of $100 million in funding for the Port Bonython Hydrogen Hub, supporting the development infrastructure for the state’s first hydrogen export terminal. Sixteen kilometres from Whyalla, Port Bonython is currently used to export resources derived from the Cooper Basin oil fields, including crude oil and…
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French defence technology company Exail has said it will hire over 100 across three NSW sites if it is successful in securing the Royal Australian Navy’s SEA 1905 – Maritime Mine Countermeasures Program contract. In a statement on Friday, Exail said hires would be made in a variety of disciplines, with most of these across…
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SPEE3D’s fast metal additive manufacturing printers have become the latest Australian defence equipment to be introduced to Ukraine to help it resist its invasion by Russia. According to a report in Forbes magazine, co-founder Steven Camilleri and staff just visited Jasionka, Poland, to train the Ukrainian military on 3D printing metal parts on demand and…
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The SmartSat Cooperative Research Centre (CRC), has announced a suite of new R&D projects and university appointments that inject new funds into research in space technologies addressing bushfire resilience, spacecraft system autonomy, space objects surveillance and cyber security. One of two new research projects co-funded by SmartSat and ACT Government brings together the Australian National…
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What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Another battery metals factory lost offshore, more to come While Australia talks the big talk about being a critical minerals and battery metals superpower, backed by the $15 billion National Reconstruction Fund, Australian metals companies continue to…
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