Going public helps Mayfield bring manufacturing home
An 84-year-old company has listed on the Australian stock exchange as part of a bid to boost its manufacturing in South Australia and grow its business.
An 84-year-old company has listed on the Australian stock exchange as part of a bid to boost its manufacturing in South Australia and grow its business.
By Peter Roberts Years of deteriorating relations between Beijing and Canberra have led to the imposition of tariffs of up to 200 per cent on Chinese imports of Australian wine. Following an anti-dumping inquiry, China’s Ministry of Commerce today imposed temporary tariffs with no end date, forcing prestige winemaker Treasury Wine Estates into a stockmarket…
Plant-based meat company ProForm Foods officially opened its $11 million Mount Kuring-Gai factory on Thursday, with a capacity of 5,000 tons annually and plans to grow exports.
By Robert Giles, CEO SPC Ardmona At SPC, we are always focussed on our customers and how we can best serve them. Australian taste palettes are ever-changing, in the 1970s the humble avocado was considered the height of sophistication, today our tables are filled with foods and flavours from around the world with everything from…
Bega Cheese has greatly expanded its manufacturing and brand footprint in the food and beverage sector with the purchase of Lion Dairy & Drinks for $534 million. Bega will take over the business at the end of January 2021, adding to its cheese and spreads businesses numerous milk drinks, yoghurt, cream, and fresh juice brands.…
Ophthalmic treatment device manufacturer Nova Eye Medical has reported strong sales for its glaucoma surgical device business in the four months to 31 October. The company sold iTrack and Molteno3 devices worth $4.4 million, up from $2.6 million in the four months to 30 June when sales were affected by Covid-19 lockdowns. iTrack is a…
Construction will begin by August on Australia’s first remote microgrid using renewable-generated hydrogen, producing 526 MWh of dispatchable renewable electricity, enough for 100 residential homes. The demonstrator plant will be built in Denham, Western Australia — on the state’s coast and 830 kilometres north of Perth — and be connected to Denham’s hybrid power station.…
Biomethane technology is no longer on the backburner in Australia after an announcement this week that gas from Sydney’s Malabar wastewater plant will be used to power up to 24,000 homes.
Rare earths producer Lynas Corp has identified further light and heavy rare earths resources at depths previously not investigated below the main orebody at its Mt Weld mine in Western Australia. Lynas has successfully established two new bores to a depth of 100 and 106 metres below the current pit floor where it encountered ‘significant…
Mitsubishi Heavy Industries will invest capital in green hydrogen developer H2U Investments and deliver the front end engineering and design study for the company’s Eyre Peninsula Gateway project in South Australia. The $240 million project, which includes a 75MW electrolyser near the regional city of Whyalla capable of producing enough hydrogen to create 40,000 tonnes…