The Australian Renewable Energy Agency (ARENA) has welcomed new funding in the budget to deliver the Industrial Transformation Stream of the government’s Powering the Regions Fund. As part of the $1.9 billion Powering the Regions Fund package, the government announced the $400 million Industrial Transformation Stream to support industrial facilities across Australia to reduce their…
Companies, industry groups and experts comment on last night’s Budget 2023 – this is what they said. Green technology developer Fortescue Future Industries welcomed the budget’s Hydrogen Headstart announcement which ‘demonstrates how seriously the government is taking the green hydrogen industry’ and its critical role in Australia’s future. FFI said in a statement: “This is…
The SmartSat Cooperative Research Centre (CRC) has unveiled a Compact Hybrid Optical-RF User Segment (CHORUS) prototype terminal to provide more stable and secured military satellite communications. Funded by SmartSat CRC, the terminal which was developed over three years of research was revealed at the 15th Australian Space Forum underway in Adelaide. Technology embedded in the…
On the opening day of Australian Manufacturing Week, @AuManufacturing and the Advanced Manufacturing Growth Centre held a special event: Lessons from Australia’s most innovative manufacturers. Below is the introduction speech from the event, covering some of what we’ve learned so far from @AuManufacturing’s ongoing search to identify and celebrate Australia’s 50 most innovative manufacturers. By…
Budget 2023 provided $392 million for an Industry Growth Program to maximise the return on taxpayers’ investments and provide a clearer pathway for entrepreneurs to develop businesses for later consideration by the government’s $15 billion National Reconstruction Fund. By Roy Green. The new Industry Growth Program is a modest but well considered recognition of the…
Critical minerals developer FYI Resources has moved into the rare earths processing business with the execution of an agreement for the staged acquisition of Minhub Operations Pty Ltd (MOPL). MOPL plans to provide rare earths processing solutions to suppliers of rare earths rich mineral sands via offtake of concentrates, including from the Gippsland and Murray…
