The recently-updated Food Processing Machinery Manufacturing in Australia report from market research firm IBISWorld estimates an industry worth $1.4 billion in revenues in 2024-25, and which saw a 1.6 per cent compound annual growth rate in the last five years. According to IBISWorld, there are 481 businesses with 3,300 employees operating in the sector in…
Bioenergy developer Delorean Corporation has given the go ahead to proceed with the construction of its’ SA1 bioenergy project in Edinburgh Parks, South Australia. Construction will commence with early site work and ordering of long lead items prior to the end of December, 2024. The SA1 bioenergy plant (pictured) is located in the Northern Adelaide…
Olive grower and oil manufacturer Cobram Estate Olives has announced the 2024 Californian harvest led to the production of 3.0 million litres of olive oil, the result of what the industry calls an ‘off year’. Production was 6.4 percent lower than 2023, but 77.1 percent higher than 2022, the previous ‘off’ year, illustrating the company’s…
Ampcontrol has joined eight critical Hunter-based businesses and peak bodies to call on the federal government to commit to a strong 2035 emissions reduction target. The electrical engineering manufacturer joined AGL, Beyond Zero Emissions, Energy Renaissance, Hunter Jobs Alliance, Hunter Renewal, Investor Group on Climate Change, MCi Carbon, MGA Thermal and Verdant Produce in calling…
Sydney’s HB11 Energy, which is pursuing “fusion technology for sustainable baseload energy”, says it is a step closer to this goal after signing an agreement with the world’s top high-power laser research infrastructure provider, ELI ERIC. In a statement on Monday, HB11 said its new partner provides “coordinated access to three world-class laser facilities, aiming…
Mining equipment manufacturer Austin Engineering has received purchase orders for 17 heavy load haul truck trays from a tier one iron ore producer in India, its first in this prospective market. The orders for the ULTIMA trays will form part of a tray replacement programme with a service life of approximately four years. Austin’s expectation…
The Industry and Science Minister Ed Husic has tasked his department and industry to develop a National AI Capability Plan, aiming to grow investment in AI capabilities to help promote economic and productivity growth. Husic said there were around 650 AI companies headquartered in Australia and in the five years to 2023 foreign investors contributed…
Thermal energy storage solution company MGA Thermal has announced its first major customer, with Chevron to conduct an initial engineering and design study using a 5 megawatt-hour unit based on the Newcastle-based startup’s technology. In a statement on Monday, MGA said the study represented a “significant milestone” in its history. The budget of the project…
A team of BAE Systems Australia engineers have successfully flown the company’s Australian developed and manufactured Strix Vertical Take-Off and Landing (VTOL) uncrewed aerial system. The craft takes off vertically before moving to forward flight – reversing the manouvre to land. The Managing Director of BAE Systems Australia’s Defence Delivery business unit Andrew Gresham said…
Collins class submarine sustainment has been listed as a Product of Concern following a recommendation from the Department of Defence, enabling enhanced ministerial oversight of the key capability. With the submarines required to operate beyond their original design life, it is essential that increased sustainment requirements are met to ensure the Collins class remains an…