Lithium Australia battery recycling achieves maiden profit

Lithium Australia’s lithium ion battery (LIB) recycling subsidiary Envirostream Australia has achieved a significant milestone, delivering its first positive operating profit during Q4 FY24. The achievement was driven by the company’s transition towards an upstream service model, which has increased revenues with a higher proportion of revenues now received upfront through recycling fees. Lithium Australia…

First submariners assigned to UK nuclear submarines

Following their completion of the Officers Nuclear Operator Course and Engineering Administration Course, the first three Royal Australian Navy officers have graduated from the Royal Navy’s Nuclear Reactor Course in the United Kingdom. Lieutenant Commander James, Lieutenant Stephen and Lieutenant Isabella have come to the end of their shore-based requirements as part of the Royal…

Quickstep beefs up aircraft MRO capabilities

Defence contractor Northrop Grumman has foreshadowed further expansion of composites manufacturer Quickstep’s Maintenance, Repair & Overhaul (MRO) capabilities at Melbourne’s Tullamarine airport. Quickstep hosted the aerospace manufacturer to inspect progress in developing its MRO operation which it purchased from Boeing more than two years ago. The company said it was taking delivery of an increasing…

New training centre will address predicted skills shortfall in “second quantum revolution”

The University of Adelaide has shared some details about a recently-funded ARC Training Centre in Current and Emergent Quantum Technologies (CE-QuTech), which it says will play “a critical role in advancing Australia’s position as a global leader in quantum technologies.” The new centre is led by University of Adelaide, and directed by the university’s Professor…

$13 million in critical minerals grants awarded to Renascor, Queensland Pacific Metals

The federal government has announced a total of $13 million in grants to Queensland Pacific Metals and Renascor Resources through the International Partnerships in Critical Minerals program. Each grant supports up to half of project costs, with $5 million to Renascor Resources for its pilot purified spherical graphite (PSG) project and $8 million to Queensland…