Drought, floods and plant closure hits Incitec Pivot

Chemicals, fertiliser and explosives manufacturer, Incitec Pivot (ASX: IPL) has reported big hits to its profits from a number of weather-related events and the closure of its Portland, Victoria super phosphate factory. The closure costs, along with drought in eastern Australia and cyclonic floods in the Townsville region, were outlined in a report to the…

Myriota demonstrates IoT for the battlefield

Internet of things (IoT) nanosatellite company, Myriota has demonstrated its low cost connectivity at an international military science event. The Adelaide company took part in the Contested Urban Environment 2018 (CUE18) challenge in Montreal along with the Australian government’s Defence Science and Technology (DST) group. The event, involving 250 scientists from Canada, New Zealand, the…