Sydney-based quantum computing startup Diraq has been awarded a $3 million grant from the NSW Quantum Computing Commercialisation Fund (QCCF) to assist with R&D. Diraq, which is aiming to enable up to billions of spin-based qubits on a circuit using CMOS chip fabrication processes, was awarded the grant following an “extensive peer review by a…
Applications opened on Tuesday morning for the Plastics Technology stream of the federal Recycling Modernisation Fund, offering grant funding of between $1 million and $20 million each to projects concerned with hard-to-recycle plastics. According to a statement from federal environment minister Tanya Plibersek, up to $60 million in total would support projects including: advanced recycling…
A proposed national framework aimed at improving trust in recycled materials has moved forward with the release of a new discussion paper. The country’s environment ministers met last month and agreed to progress an initiative on recycled content traceability. According to a statement from federal environment minister Tanya Plibersek on Tuesday, this would allow users…
By Peter Roberts There is a huge amount of hype around new energy sources to replace fossil fuels and none more so than the phenomenon of small modular nuclear reactors (SMR). But the hype remains just that according to the latest GenCost 2022–23 study released today by CSIRO and Australian Energy Market Operator. While SMRs…
Radiopharmaceutical producer Cyclopharm has announced record sales revenue for 1H FY23 of $15.3 million, up 39 percent on the previous corresponding period. Sales of its Technegas product were steady on the previous corresponding period, with third party distribution sales up 116 percent on the PCP to $7.7 million. For the first time third party sales…
Battery materials producer Talga Group has announced that environmental permits allowing the company to construct a battery anode plant at Lulea in Sweden are now in force. No appeals were submitted against the permit being issued, and with a Certificate of Finalitity now issued by the Swedish Land and Environment Court, this completes the statutory…
The Hallett Group has doubled down on its commitment to decarbonise its cement production with the signing of an agreement which will see two Korean companies build an electrolyser at its cement facility at Port Augusta in the mid-north of South Australia. Hallett signed a Statement of Cooperation with the South Australian Government, Elecseed and…
Green hydrogen producer Countrywide Hydrogen has revealed its hydrogen retailing strategy and launched its vehicle refuelling brand H2Co Energy. Countrywide, a subsidiary of listed green energy developer ReNu Energy, has previously announced its engineering supplier, Wood, had selected contractors and suppliers for its Tasmanian green hydrogen and green energy projects, ahead of a final investment…
Australia and New Zealand metals distributor and processor Vulcan Steel has further pared back its full year earnings forecast following higher than expected costs for the integration of the Ullrich aluminium businesses. The Australian and NZ listed company said EBITDA for the 12 months to June 2023 would be between NZ$205 to $209 million, down…
