Queensland government approves Townsville battery gigafactory

Magnis Energy Technologies has received Queensland government approval for its feasibility study into the construction of a $3 billion, 18GWh lithium-ion battery cell gigafactory in Townsville. The Queensland Department of State Development, Tourism and Innovation approved the study, allowing the constructor, Imperium3 Townsville (IM3TSV), to proceed with financial discussions to support investment in the plant,…

Why we need Australia’s niche champions – our new series

By Peter Roberts Manufacturing is undergoing massive transformation in a fourth industrial revolution, sometimes called Industry 4.0. The combination of robotics and automation, artificial intelligence, machine learning and data analytics offers a platform to rebuild Australia’s manufacturing sector. It needs to, as the days when Australia could prosper as a resource commodity exporter with local…