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Daily Archives: February 13, 2019

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CSL boosts sales, profits

Manufacturing NewsBy Peter RobertsFebruary 13, 2019Leave a comment

Biotechnology giant, CSL Ltd (ASX: ) boosted sales by 11 per cent and earnings by six per cent in the first half of 2019, according to a statement released to the stock exchange today. The company reported sales revenue of US$4,505 million (Aud$6.300 million) and earnings before interest and tax (EBIT) of $1,553 ($2,160 million)…

Australia can achieve 100 per cent renewables at zero cost

Manufacturing NewsBy Peter RobertsFebruary 13, 20191 Comment

Research from The Australian National University (ANU) has found that Australia is installing renewable power faster than any other country, helping it to meet its Paris emissions targets five years early. Lead researcher Professor Andrew Blakers said Australia was installing renewable power per capita faster than the European Union, Japan, China and the US. Blakers…

Fleet sells connections to a million IoT devices

Manufacturing News, TechnologyBy Peter RobertsFebruary 13, 2019Leave a comment

Adelaide nanosatellite builder and operator, Fleet Space Technology, has sold out its first release of space on its IoT satellite system. Only two weeks ago @AuManufacturing reported that Fleet would connect up to one million devices at a cost of US$2.00 (Aud$2.75) per device, per year. “Within hours the first million was fully booked, with…

GE fallout is Silex’s gain

Manufacturing NewsBy Peter RobertsFebruary 13, 20191 Comment

Industrial technology firm, Silex Systems (ASX: SLX) has agreed to buy back control from GE and Hitachi of its laser enrichment process for uranium, in association with a Canadian mining firm. Silex announced that it had acquired 51 per cent of GE Hitachi Nuclear Energy’s stake in Global Laser Enrichment (GLE). Canadian uranium miner Cameco…

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