If a country’s economy was entirely self-sufficient and independent, it wouldn’t ever need to import goods from elsewhere. While the prospect of insulating yourself from the turbulence of global markets may sound alluring at first glance, it would come with considerable caveats, risks, and downsides. Not only would it mean missing out on the world’s…
Perth’s FYI Resources (ASX: FYI) has received state government backing for its Cadoux Kaolin High Purity Alumina (HPA) project. Western Australian Premier, Mark McGowan supported FYI’s project as part of the state’s Future Battery Industry Strategy which aims to position WA as a key supplier of value-added materials needed for lithium ion battery production. Alumina…
Queensland company Black Sky Aerospace has been given the green light by regulators to make final preparations to manufacture solid fuel rocket engines. The Logan City-based Black Sky plans to be the first new era manufacturer of rocket engines in Australia, and aims to have the first motors completed later this year. Australia previously manufactured…
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?
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.
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…
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…
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…
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…
A while ago I blogged about Viridi, a clever bunch that is developing a way to salvage grape sugar, tartaric acid and antioxidants from wine waste.