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Daily Archives: September 23, 2019

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Why don’t we have electric aircraft?

Manufacturing NewsBy Staff ReporterSeptember 23, 2019Leave a comment

Electric cars, trains, trams and boats already exist. That logically leads to the question: why are we not seeing large electric aircraft? And will we see them any time soon?

Slag, sustainability and steel

Analysis and Commentary, Manufacturing NewsBy Brent BalinskiSeptember 23, 20193 Comments

Metal manufacturers around the world are trying to lessen their greenhouse gas output. Brent Balinski spoke to the CSIRO’s Dr Mark Cooksey about some of his organisation’s work regarding green steelmaking, and why he believes the de-carbonisation trend is an opportunity for Australian metal producers.

Stock market casino comes to manufacturing

Analysis and Commentary, Manufacturing NewsBy Peter RobertsSeptember 23, 2019Leave a comment

Comment by Peter Roberts The stock market is often likened to a casino. This is especially true in Australia where most active companies on the ASX are mining minnows, all competing for attention with their latest discovery. Cyclically this market burns white hot, and the white shoe brigade bids up the prices of penny stocks…

Canberra backs business into Moon, Mars space race

Manufacturing NewsBy Peter RobertsSeptember 23, 20192 Comments

The federal Government will back Australian industry participation in NASA Moon and Mars missions with a $150 million investment. The Prime Minister, Scott Morrison, agreed to the investment, to be made through the Australian Space Agency, during his recent trip to the United States. The Agency will help companies demonstrate their capabilities in projects that…

Victoria calls for train, tram ideas

Manufacturing NewsBy Peter RobertsSeptember 23, 2019Leave a comment

The Victorian government has called on rail industry manufacturers to put forward ideas for its next generation trains and trams. The government, which has a policy of at least 50 per cent local content in its public transport rolling stock, is planning new generation rolling stock under its strategy, Trains, Trams, Jobs 2015-2025. The new…

Bellamy’s keen on $1.5 billion China takeover

Manufacturing NewsBy Peter RobertsSeptember 23, 20191 Comment

Milk and infant formula producer Bellamy’s Australia (ASX: BAL) has reacted favourably to a $1.5 billion takeover offer launched from the fast-growing China market. The company’s board was unanimous in recommending shareholders vote in favour of a $13.25 per share deal, comprised of $12.65 in cash and a 60 cents per share dividend. Shares in…

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