BAE Systems Australia has announced it will begin supplying passive radio frequency sensors to Norway’s Kongsberg Defence and Aerospace for use in the fifth-generation Joint Strike Missile. The purchase order was placed for an initial batch of the sensors was the “first Full Rate Production order and is part of a broader co-operation agreement” between…
The $540 million Australian Business Growth Fund has been officially launched, despite legislation unlocking $100 million in Commonwealth funding still languishing in Parliament.
The Australian Nuclear Science and Technology Organisation has suffered a second incident at the Lucas Heights reactor which has interrupted supply of a critical isotope used in nuclear medicine. The Guardian reported a fresh incident at the reactor had interrupted supply of molybdenum-99. Mo-99 is the parent isotope of Technetium-99m, which is used in hospitals…
The local oil refining sector has shrunk to parlous levels, while national airline Qantas has a need to reduce its carbon emissions. Shane West ponders how both issues could be tackled by a move to refine jet fuel from local crude oil. This is a great opportunity to bolster the Australian refining industry and reduce…
Anti depression drug developer Bionomics completes equity raising Bionomics has successfully completed an over-subscribed equity raising from current shareholders, raising $2.2 million before costs. The raising will accelerate the commercialisation of the company’s drug candidate, BNC210 for the treatment of post traumatic stress disorder. The company is also developing drugs for the treatment of pain,…
Last week @AuManufacturing revealed NSW had bought 2,000 railcars and trams in a decade overseas. Here Ross Sterland, explains how the problem could be turned into a lean manufacturing local opportunity. The year is 2050. Australia’s rail rolling stock manufacturing industry is world-leading. At a federal level, the government’s 30-year plan to reinvigorate the industry…
In day three of @AuManufacturing’s Robotics adoption matters series Matthew Adams discusses collaborative robots and where they can help SME manufacturers.
Rare earths producer Lynas Corp has reported its processing operations and sales are recovering from Covid-19 pandemic levels, and foreshadowed the possibility that governments in Australia and elsewhere may provide assistance to extend its strategic processing operations. The Perth company, which mines rare earths at Mt Weld in Western Australia and operates a controversial processing…
Resources and chemicals group Australian Vanadium has extended its option to purchase land for a value-adding metals processing facility close to the port of Geraldton in Western Australia. The company is developing a vanadium, iron and titanium resource at Gabanintha south of Meekatharra, where it will undertake crushing, milling and benefaction of the magnetite ores.…
The Australian Critical Minerals Prospectus 2020 has been launched, aiming to attract foreign investment to help value-add to raw materials.
