The Future Made in Australia is great if you are in one of the chosen new high growth sectors that are its focus. But what of existing, centuries old manufacturing value chains assailed by cheap online retailing? By Allyn Beard. Cheap, imported and mass-produced goods are seemingly taking over Australia, with the likes of online…
The use of local components and wider economic benefits to the community will be key considerations in Climate Change and Energy Minister Chris Bowen’s selection of companies to construct Australia’s new offshore wind farms. Bowen made the commitment talking at BlueScope Steel’s Port Kembla plant after announcing the declaration of an offshore wind production zone…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Psychotropic medicines manufacturer bids for IDT Australia Psychotropic medicines manufacturer Mynd Bio Pty Ltd has made a surprise bid to acquire listed pharmaceutical developer, Melbourne-based IDT Australia. The bidder is part of a larger group which has already…
The entity charged with investing $15 billion on behalf of the federal government to diversify and transform the national economy has appointed its inaugural Chief Investment Officer (CIO). In a statement on Friday, the National Reconstruction Fund Corporation announced Dr Mary Manning’s appointment in the role. She will begin next month. She will “oversee investment…
Tata Steel – part of the Indian Tata conglomerate – and Monash University will establish a new Centre for Innovation on Environment and Intelligent Manufacturing, the company’s first major R&D collaboration with an Australian institution. In a joint statement on a signed MoU on Friday, the university said it would draw on its “world-leading expertise…
Mine mill relining systems original equipment manufacturer (OEM), Russell Mineral Equipment has launched a global campaign celebrating the company’s upcoming 40-year anniversary. RME Founder, Executive Chairman and Chief Engineer Dr John Russell said in a statement that the anniversary was as an opportunity to express his gratitude for the colleagues, customers and suppliers who helped…
The first electric bus to be manufactured as part of a joint $250 million Australian and Western Australian government initiative has now been completed. Canberra committed $125 million toward electric bus charging infrastructure in Perth and the state government made a $125 million commitment for the acquisition of 130 locally manufactured electric buses. The electric…
By Peter Roberts The federal government has secured ‘more gas at reasonable prices’ to be made available for Australia’s east coast gas users through a new supply deal with Walloons, part of Shell, according to the government. An additional 40 petajoules will be made available for the domestic market for gas power generation between now…
Lithium Australia subsidiary Envirostream has signed a new three-year Mixed Metal Dust (MMD) off-take agreement to supply leading South Korean battery recycler SungEel HiTech. SungEel HiTech will purchase a minimum of 60 percent of Envirostream’s annual MMD production from its battery recycling facility in Melbourne. The facility utilises ANSTO/Lithium technology which recovers 95 per cent…
Vast Renewables has deepened its relationship with its partner and potential offtake customer for its concentrated solar thermal powered (CSP) green methanol plant Solar Methanol 1 (SM1) being constructed at Port Pirie in South Australia. Vast has signed a Joint Development Agreement (JDA) with global energy company Mabanaft to advance the Port Augusta green methanol…