Andrew Forrest’s Fortescue metals group has confirmed it will continue to invest ten per cent of net profits after tax into developing its green hydrogen offshoot, Fortescue Future Industries. Announcing the group’s results for the half year to December, the company said FFI’s FY22 anticipated expenditure was in the range of US$400 – US$600 million.…
Details
Additive manufacturing company SPEE3D has won the Expeditionary & Tactical 3D Printing Excellence Award at an event in the United States. The award was at the 6th Military Additive Manufacturing Summit in Tampa, Florida, held by the US Defense Strategies Institute (DSI). “SPEE3D is very proud and humbled to be recognized in the US for…
Details
State and federal governments and major mining companies are backing a $15 million feasibility study to solve one of the major constraints of industrial and mining development in the state – a lack of water. With the Whyalla steelworks and existing copper mines supplied by pipeline from the Murray or underground, planned massive expansions of…
Details
By Joseph Brookes As industry policy is reconsidered around the world, Australia’s federal Opposition says it is time to move on from ‘dogmatic’ notions of not picking winners, promising to direct a $15 billion Reconstruction Fund to areas of strength and national priority. Shadow minister for industry and innovation Ed Husic this week told Parliament…
Details
AI and edge computing enabled Earth observation services company Spiral Blue, has been awarded $578,000 commercialisation funding in a co-investment from the Advanced Manufacturing Growth Centre. The grant in collaboration with Esper Satellite Imagery, UNSW Sydney, Saber Astronautics and Dandelions will progress Project Rainbow Python. In this project Esper’s hyperspectral imagers OTR-1 and OTR-2 will…
Details
@AuManufacturing news and media welcomes a new team member – Sarah McPhail. Ms McPhail takes up a new project-based post of partnerships manager, a role that will see her liaise on a regular basis with our advertisers and sponsors. With news that @AuManufacturing has grown to become the country’s number one manufacturing news website, she…
Details
K-TIG raises new capital for growth K-TIG has announced that it has received binding commitments to raise $4 million (before costs) in new equity via a fully committed share placement to institutional and sophisticated investors. The Placement was completed at an issue price of $0.35 per share, with 11,428,571 new fully paid ordinary shares anticipated…
Details
RMIT will get a new electric vehicle research facility, which the university says will be the first of its kind in the southern hemisphere, with a $5.2 million grant from the state government announced on Tuesday.
Details
Defence science, public sector researchers and industry are to collaborate to develop significant capability gains in areas such as sonar systems and undersea surveillance. Projects have begun in the Advanced Piezoelectric Materials and Applications (APMA) Program under a five-year collaboration between DMTC Ltd (formerly, the Defence Materials Technology Centre) and defence scientists to accelerate the…
Details
Conflux Technology and Deakin University’s Institute for Frontier Materials have announced a nine-month project developing new aluminium alloys for use in additively manufactured heat exchangers.
Details