Cannabis production facility gets major projects status

The federal government has granted major projects status to a massive project near Toowoomba in Queensland to grow cannabis for medicinal purposes. The $450 million project being developed by Asterion Australia would establish 40 hectares of fully automated glasshouses in three stages. Industry minister, Karen Andrews said the project could ultimately support 1,000 jobs, and…

Li-ion battery recycling boost from investment

Lithium metal technology company Lithium Australia (ASX: LIT) is to invest in Melbourne li-ion battery recycling business, Envirostream, with plans to expand its capacity. The company has invested $600,000 to take 18.9 per cent of Envirostream which operates Australia’s only plant that shreds used batteries. The process produces a powder containing the critical metal components…