Leading wine producer Treasury Wine Estates, the maker of Penfolds wines, has lost its anti-dumping case brought by the Chinese government which has confirmed crippling import duties will apply to the company. The Chinese ministry of commerce issued a final determination in its anti-dumping and countervailing investigations into Australian wine exports to China, including Treasury.…
According to a recent PwC report, the circular economy offers a potential $1.86 trillion nationally in new economic value over the next decade. Brent Balinski speaks to a few experts about the opportunities attached to recycling and the circular economy.
The federal government has opened grant applications for a fourth priority sector under the Modern Manufacturing Initiative, the Food and Beverage industry.
Perth international shipbuilder Austal Limited, best known for its aluminium vessels, has broken ground on a new steel shipbuilding facility alongside its naval shipyard in Mobile, Alabama. Funded through a loan from the US Department of Defence of US$50 million matched by company funds, the $131 million facility will prepare Austal to compete for new…
By Peter Roberts ASC which built and sustains Australia’s Collins Class submarines in Adelaide has embarked on an ambitious project to fully digitise its shipyard operations. It is not clear whether the investment in Adelaide and Perth will put an end end speculation that further major Collins sustainment work could be shifted to Western Australia.…
By Peter Roberts A patch of dirt in Dubbo, NSW and a lot of hard work are starting to pay off as a second Australian rare earths producer becomes a reality in the form of Australian Strategic Materials. In the past week ASM received firm commitments from sophisticated investors to raise $65 million to kick-start…
SEA Electric buys big in batteries to cut costs Truck and van electric vehicle drive train manufacturer SEA Electric has put in a massive order from Soundon New Energy Technology for 1,000 EV battery sets. Soundon has been supplying SEA Electric since 2012, with the new purchase cutting kilowatt hour costs by 36 per cent.…
