BlueScope Steel today cut guidance for earnings before interest and tax (EBIT) for 1H FY2025 on continued record China steel sales in the region and softness in North America in the countdown to the Presidential election. The company told investors it expected underlying EBIT to be in the range of $270 million to $310 million,…
The NSW and federal governments have announced that they will spend $28.1 million each over five years to establish a Hunter Net Zero Manufacturing Centre of Excellence in Newcastle, aimed at developing workforce skills needed to support the energy transition. According to a release from the state government on Tuesday, the funding will “accelerate the…
Needle free biotechnology company Vaxxas has announced that the United States National Institutes of Health (NIH) has granted the company a licence to a vaccine antigen candidate (DS2), designed for use in prophylactic vaccines against Respiratory Syncytial Virus (RSV). RSV is a common contagious virus affecting the lungs and breathing passages which causes an estimated…
A study by composites manufacturer Quickstep Technologies and RMIT University has concluded that braiding technology offers an opportunity to enhance the production rate of composite structures for eVTOL UAS applications. A collaboration between Quickstep, RMIT and the Defence Science Institute studied the use of advanced composite manufacturing methodology — braiding — to produce the primary…
Defence engineering services group Babcock Australasia has opened a new cutting-edge facility, that will see its Adelaide maintenance, manufacturing and repair footprint double in support of critical army and navy programmes. The $31 million building will be home to more than 100 Babcock engineers and technical experts working across nationally significant defence programmes including: Collins…
Battery manufacturer Li-S Energy has announced that it has proved substantial improvement in energy density for its lithium sulfur battery technology in tests. Li-S said on Monday that it had manufactured full-size 10Ah (amp-hour) semi-solid-state cells at its production facility, with the pouch cells using the company’s GEN3 cell chemistry (announced in April 2023.) According…
Lincoln Minerals has released a revised pre-feasibility study for its Kookaburra Graphite Project 35km north of Port Lincoln in South Australia. Described as the newest mine to market in Australia’s graphite industry after the Uley Mine in SA closed in 2017, the study proposes open-pit mining and a simple floatation process to produce a graphite…
Sleep apnoea treatment business ResMed has launched its new AirTouch N30i product – manufactured at Bella Vista, New South Wales – in Australia, describing the new nasal mask as combining softness, breathability, and a high-performance seal. The company’s first fully-fabric mask is “a fabric-wrapped frame featuring a soft, breathable, and moisture-wicking design”, ResMed said on…
Electronics business GME has released the new TX6165 range of 5-watt UHF CB (citizen band) radios. In a statement on Monday, the company said the range offers class-leading features including a “large, clear LCD display, 2-Watt speaker and a user-programmable button” as well as 5-Watt transmission power and an IP67 ingress-protection rating. It described the…
Queensland manufacturer Products For Industry (PFi) is introducing what is believed to be a world-first pure titanium cross flow membrane solution, which has uptime, environmental, and yield benefits compared to traditional wastewater treatment methods. After more than 10 years of development, the product is now entering service in Australia with a leading beverages company, which…