Wesfarmers has secured ground for a new lithium refinery in southern Perth as part of its joint venture to control the full value chain of lithium hydroxide, a chemical compound used in electric vehicle and renewable energy batteries. Under a $1.8 billion joint venture with Chilean mining company Sociedad Química y Minera (SQM) known as Covalent…
Funding totalling $47 million has been announced to support 22 CRC Projects in the 11th round of the program, including to efforts developing electric air transport, plant-based protein and orthotic products.
Orbital Corporation has delivered its second unmanned aerial vehicle (UAV) engine in a development program for a Singapore defence industry customer. The company, which manufactures UAV engines for Boeing offshoot Insitu, is designing, developing and providing initial low-rate manufacturing of multi-fuel engines with the first units destined for system evaluation and customer acceptance trials. Orbital…
Monash University in Melbourne has been revealed as the first in Australia to manufacture a mRNA technology Covid-19 vaccine candidate. The candidate, developed by the University, will be made at a new node of its Parkville laboratory to be located at Clayton, with the expansion made possible by of a $13.8 million grant from the…
Matrix Composites moves to loss in Covid year Underwater systems composite manufacturer Matrix Composites & Engineering has plunged to an EBITDA loss of $4.4 million in FY 21 as disruption from the Covid-19 pandemic slashed sales to $17.6 million compared to the previous year’s $27.4 million. However the company reported final quarter revenue of $6…
Australian Vanadium (AVL )will receive this month three vanadium redox flow batteries (VRFBs) from its Singapore partner as it advances plans to manufacture vanadium electrolytes and VRFB’s in Western Australia. The batteries from V-Flow Tech destined for WA customers have been sold by AVL’s subsidiary VSUN Energy, which is leading the company’s push into vanadium…
