Australia has not approved any new defence exports for use Israel since ‘high intensity conflict’ began in Gaza, according to the Minister for Defence Industry Pat Conroy. On ABC Radio National Conroy was asked about Greens claims that Australia had entered into a contract with Israel’s Elbit Systems worth $917 million. He said that the…
The NSW Government has given planning approval for a $300 million refurbishment of BlueScope’s 60-year-old plate mill at Port Kembla. The development is a massive endorsement of locally made steel operations in NSW according to the government, with an estimated $650 million injection of stimulus to the economy. The upgrade will improve production capability and…
IDT Australia to raise $7 million for mRNA vaccine production Pharmaceutical manufacturer IDT Australia is to raise $7 million a fully underwritten entitlement offer of fully paid ordinary shares to eligible shareholders. The funds raised will be used to fund capital expenditure relating to current and potential future works in the mRNA therapeutics field including…
Hanwha Defence Australia has announced that it will use Dassault Systèmes’ 3DEXPERIENCE software platform to support their Australian Department of Defence contracts. In a statement on Friday, the local subsidiary of the South Korean prime said the platform – which includes PLM, data analytics, simulation and other functions – was already being used for purposes…
Critical minerals developer Tivan has signed a Strategic Alliance Agreement with Japanese trading house Sumitomo Corporation that provides a framework for negotiation of a binding joint venture agreement for the development, financing and operation of the Speewah Fluorite Project in the East Kimberley region of Western Australia. The project will be Australia’s only source of…
By Tianyi Ma, RMIT University Renewable energy sources such as wind and solar are vital tools to help us make cuts to the 36 billion tonnes of greenhouse gases we emit each year. But renewables alone can’t get us to net zero. Sectors such as cement, steel and chemical manufacturing produce significant carbon dioxide emissions…
By Peter Roberts You really would pull your hair out if you stopped to think about the supermarket duopoly’s commitment to Australian industry – you know the growers and industry manned by its customers – Australians. The first image (pictured) last night on the Woolworths Group website is captioned – Growing Together for 36 Years…
The federal government has issued $7 billion of its inaugural green bond, in a major milestone aimed at creating a sustainable finance market. The global energy transformation represents a golden opportunity for Australia and this bond is pulling more green capital into financing that opportunity, according to a joint statement from Treasurer Jim Chalmers, Climate…
Australian-Singaporean bioresorbable implants manufacturer Osteopore has reached key milestones in its development of 3D printed bioresorbable dental implants to aid bone healing and boost the success of tooth implant surgeries. The company is developing the implants in an $18.7 million programme with the National Dental Centre Singapore (NDCS) and the Agency for Science, Technology and…
US nuclear submarine constructor Huntington Ingalls Industries has announced the appointment of Tim Brown as vice president of operations and Terry Nichols as the managing director for two HII business areas in Australia. Brown and Nichols will work from HII’s Canberra office, and both will report directly to Michael Lempke, president of Mission Technologies’ Nuclear…