BlueScope’s weak US sales hit profit Steelmaker BlueScope has cut expectations for 1H VY24 EBIT to be in the range of $620 to $670 million, down from previous guidance of $700 to $770 million. The main driver of the change is the company’s US North Star operation, which is now expected to be half the…
A life-sized mock-up of the upcoming Melbourne G-class trams, to be built by Alstom, was on display at an event at Tullamarine on Monday morning. Transport minister Gabrielle Williams visited the unveiling of the model, which is being used for testing and evaluation before production ramps up. Testing on the network is scheduled for 2025…
Treasury Wine Estates the maker of Penfolds has welcomed moves by China to review its import tariffs slapped on Australian wine in 2020 and revealed how it will re-enter the critical growth market. The company said that it has maintained its commitment to Chinese consumers throughout the period including experienced sales and marketing leadership in…
TAFE NSW has launched eight new microskills related to renewables, with the NSW government citing the recently-signed National Skills Agreement and the need to transform the state economy for the net-zero transition. The five-year National Skills Agreement (NSA) takes effect in January, with the federal government to invest $12.6 billion in the vocational and educational…
5) SA’s ambitious advanced manufacturing strategy South Australia has launched an ambitious Advanced Manufacturing Strategy that aims to grow the sector’s share of the economy from six to 10 percent, writes Peter Roberts. The strategy, launched by SA Deputy Premier and Minister for Industry, Innovation and Science, Dr Susan Close also aims to boost manufacturing’s…
By Peter Roberts Mitsubishi Electric has made history in a new deal with Australia’s Department of Defence, becoming the first Japanese company to sign a defence contract with a foreign government. Not only will Australia access Japanese defence technologies, but the deal opens the way for Australian technologies to be adopted in Japan. The federal…
South Australia could become part of the in-space manufacturing industry after Varda Space Industries and Southern Launch announced a partnership to conduct space capsule re-entry operations at the Koonibba Test Range in South Australia. Torrance, California-based Varda are developing orbital manufacturing and space re-entry systems, utilising the space environment’s advantages including microgravity and vacuum. Varda…
Green energy manufacturer Energys has shown off the first of five Hydrogen Fuel Cell Generators being manufactured for Telstra where they will feature in an energy backup pilot programme. Victorian Minister for Climate Action and Minister for Energy and Resources Lily D’Ambrosio (pictured) was shown a demonstration of the genertator in action. The Hydrogen Fuel…
