Lithium processing technology group Lithium Australia (ASX: LIT) has increased its shareholding in lithium ion battery recycler Envirostream. The Perth company said today it had paid $100,000 to move from a 23.9 per cent holding in Envirostream to a 73.7 percent interest. Lithium has developed its own technologies for separation metals such as lithium, nickle…
China Mengniu Dairy has agreed to buy Lion’s dairy and drinks business for $600 million.
Robotics and AI sensor business, Advanced Navigation, has raised $20 million to expand its global research and manufacturing footprint. The company, which develops and manufactures navigation systems, inertial sensors, acoustics, positioning systems and robotics, raised the cash from Main Sequence Ventures’ CSIRO Innovation Fund, and US venture firms Brick & Mortar Ventures and In-Q-Tel Inc.…
Victorian clothing manufacturer Australian Defence Apparel has won a contract to provide load carriage equipment to the army. The company, which operates a large clothing factory in Bendigo (pictured), will provide a range of mission essential carrying equipment. According to the army, this makes up a soldier’s ‘combat ensemble’ (below) and includes:: # Modular belt…
Brisbane City Council plans to introduce a new fleet of 60 high-capacity electric Metro buses manufactured in the Queensland capital. The contract is with vehicle manufacturer HESS in partnership with Volgren, which makes buses in Queensland, and electric infrastructure provider ABB. Initially the partners will build a prototype rdeady for testing in 2020, with the…
By Stuart Corner of IoT Australia The ITU has adopted new regulations to govern frequency allocations for the many planned constellations of nano-satellites for IoT such as those from Australian companies, Fleet Space and Myriota, and other non-geostationary satellites. “The agreement reached at WRC-19 establishes regulatory procedures for the deployment of non-geostationary satellites, including mega-constellations…
