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Profiles of success: the Brisbane company charging ahead in the race to power tomorrow’s cars
Electric cars sometimes get described as “batteries on wheels”. A charged 60 kW vehicle could power a home, including its air-conditioning, for four or five days. The possibilities of “bidirectional charging” through vehicles are being taken seriously by Japanese automakers, and widespread adoption of EVs could eventually – and drastically – change the ways people use and buy electricity.
Wesfarmers sells coal assets, invests in lithium
In a sign savvy investors are abandoning fossil fuels, the giant Wesfarmers (ASX: WES) conglomerate has sold out of coal and moved investments into materials used in lithium ion battery production. The company announced a $776 bid for lithium producer Kidman Resources (ASX: KDR) and its downstream operations. Wesfarmers offer is a massive 47 per…
Justice for Bega as Kraft spreads licked in court
Comment by Peter Roberts Well there is some justice in the world for small Australian manufacturers facing the might, and dubious business practises, of some major multi-national corporations. The Federal Court last week decided in favour of Bega Cheese (ASX: BGA) in its case against Mondelēz International over what can only be described as an…
Wound healing pays off for PolyNovo
Melbourne wound healing technology manufacturer PolyNovo (ASX: PNV) has capped off a string of recent successes with a deal that will see it enter the defence market in the United States. The company, which makes a range of NovoSorb skin regeneration products, has been given access to defence contracts in a deal with the Defence…
How manufacturers can tell their story
Forum member Dennis Rutzou delivers some sage advice on how manufacturers can tell their stories to the world Every business has a unique story to tell. Success, mediocrity, or even failure can depend upon it, and getting your message out should be a basic operating principal of any business. But it is much more than…
ResMed reports strong sales, margins growth
Sleep technology manufacturer, ResMed (ASX: RMD) has posted third quarter revenue to the end of March up 15 per cent on a constant currency basis to $662 million. Expanding device sales and the inclusion of revenue from the recently-purchases SaaS businesses helped boost margins by one per cent, and net profit by 15 per cent.…