International Graphite has completed installation of pilot scale graphite micronising and spheroidising equipment at its Collie downstream processing facility, 200 kilometres south of Perth. The company told investors that the pilot facilities are now ready for commissioning at Collie, the former centre of lignite mining in WA. The equipment installation marks a critical step in…
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South Australian defence company, Asension has received a $4.35 million contract to deliver a space-based tactical sensor system for use by the defence department. Asension, formerly known as DEWC Systems, was awarded the contract through the Defence Innovation Hub. Defence industry minister Pat Conroy visited Asension’s headquarters in Adelaide on Thursday, and said said sovereign,…
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By Peter Roberts A week or so from now, 30 years ago a young warrior for manufacturing industry Dr Roy Green had this article (pictured) printed in the Canberra Times outlining the case for a national industry policy. Australia was then just emerging from a ‘sheltered workshop’ era of manufacturing as the then Labor government…
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ASX and NASDAQ-listed biotechnology company Immuron has deprioritised its SARS-Cov-2 R&D to focus on clinical development of more advanced-stage therapeutic drug candidates, it announced on Friday.
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Defence radio and metal detection manufacturer Codan has delivered a record underlying profit of $100.5 million in the latest year, a three percent rise on FY21. This was achieved on sales up 16 percent to $506 million, partly reflecting the first year of the acquisition of the DTC and Zetron communications businesses. CEO Alf Ianniello…
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By Ian A. MacKenzie, The University of Queensland Could Australia soon have a form of emissions trading? Yes, if Labor’s much-anticipated paper on fixing Australia’s mediocre emissions-reduction framework, released today, is any guide. At present, Australia relies on the controversial safeguard mechanism to encourage big emitters such as fossil fuel power plants and manufacturers to…
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Waste handling group Cleanaway has experienced strong growth following its partially failed $2.5 billion takeover of the Australian operations of the Suez company. While the takeover did not go ahead, Cleanaway emerged with ownership of Suez’s Sydney Resource Network assets, which have been integrated into the business helping boost net revenue in the latest year…
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The federal government has said it will release a discussion paper shortly as a step towards developing the country’s first National Electric Vehicle Strategy. In a statement on Friday from prime minister Anthony Albanese, it was said the strategy would be based on improving uptake of EVs and their affordability. According to the statement, only…
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Cochlear may have grown its sales from the depths of a Covid-19 slump in sales and surgeries to reach a new record level in FY 22, but the company has not returned to what it was before the pandemic. The maker of Cochlear implants reported sales revenue grew 10 per cent in the year to…
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Vitamin producer Blackmores has seen group revenue rise 12.8 percent in Fy22 to reach $649.5 million with growth across the company’s three major brands. This delivered a rise in underlying operating EBIT profit of 19 percent to $56.6 million, with margins expanding 1.1 points to 53.4 percent. CEO Alastair Symington said the company had delivered…
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