ADF personnel step in to help medical PPE manufacturer meet demand
A dozen Australian Defence Force engineers are assisting manufacturer Med-Con keep up with increased demand due to the novel coronavirus outbreak.
Manufacturers may be called up to defeat virus
The federal government has reached out to the manufacturing sector to help defeat the coronavirus now threatening Australia. The government has issued a request for information from companies capable of supplying medical personal protective equipment (PPE). This includes surgical gowns, gloves, goggles, hand sanitisers, clinical waste bags, waste bag closure devices (ties), blood and fluid…
Ban on onshore gas drilling in Victoria to end
The Victorian government has announced it will introduce legislation overturning an effective ban on onshore gas extraction in the state.
Magnis reaffirms Townsville battery gigafactory plans
Magnis Energy Technologies (ASX: MNS) has reaffirmed its commitment to financing a $2 billion lithium-ion battery cell gigafactory in Townsville being developed by Imperium3. The company lodged its feasibility study for the an 18GWh mega factory to be built in three stages with the Queensland government in October. Magnis, which owns a third of Imperium3,…
Cochlear takes another hit, shares rise
Only a day after its shares plunged 18 per cent on bad news, hearing implant manufacturer Cochlear has been hit again by more adverse news. But instead of falling further, by late this morning the company’s shares had risen 0.85 per cent or $1.49 to reach $176. On Monday @AuManufacturing reported that Cochlear had abandoned…
Reserve Bank and government prepare fresh emergency measures as markets tumble
By Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University The government is planning to deliver a second coronavirus economic support package within days, and the Reserve Bank will announce “further policy measures” to support the economy on Thursday. The bank sometimes uses the phrase “policy measures” to describe adjustments to its “policy…
Vanadium project passes pilot test stage
Australian Vanadium’s ambitions to mine and process vanadium from its mine in Western Australia have brightened with the completion of a critical stage of pilot plant tests. The company’s pilot plant at Balcatta in Perth treated 20 tonnes of ore and validated and optimised the grinding, separation, thickening and concentration steps achieving up to 76…
Meet the Whiskey Project Alpha85
A collaboration of boat builders, niche manufacturers and experienced former defence personnel has launched the first of two Whiskey Project tactical boats the makers are offering to the armed forces. The first, the Alpha85 (pictured) broke cover late in 2019 and has been tested by interested parties and the media. Built by sailing boat builder…
Welding company K-Tig in leadership change
Keyhole Tig welding developer K-Tig has announced a change of leadership as the company’s share price languishes at an all time low. The company, which manufactures patented, high productivity welding equipment and offers welding as a service, announced David Williams had been replaced as executive director by experienced international executive Mark Twycross. K-Tig issued a…