The Western Australian government has announced $18.4 million for an additional 50 standalone power systems to be installed by Horizon Power. In a statement on Wednesday, the WA government said that it was committing the funds to the state budget, as well as another $8 million “to support local businesses to manufacture wind turbine components.”…
The largest end-of-life vehicle recycler in the UK, EMR has acquired ‘a significant stake’ in Australian recycling company Renewable Metals in a multi-million dollar deal which will see a novel demonstration-scale battery shredding and critical minerals refining plant built in the UK. Renewable Metals has developed a highly differentiated recycling process which has fewer steps…
By Peter Roberts Defence Minister Richard Marles is comfortable with the possibility of Australia’s most successful locally owned defence manufacturer, Austal, falling to overseas ownership. I, for one, am not. In April Korean defence group Hanwha bid to buy Austal, emerging into the open after months of speculation that the company was a takeover target.…
Increased copper production in Chile and the positive outlook for copper are driving growth of the Chilean business of mining equipment manufacturer Austin Engineering. The Perth company told investors that Austin Chile had won a $2.5 million order for a full Cat 7495 dipper bucket for a local customer – a product it acquired with…
Today our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – turns to successful overseas models boosting innovation such as the US SBIR model. By Jefferson Harcourt. Research and Development (R&D) is essential in driving economic growth and maintaining a competitive advantage, and in Australia there’s a pressing need to enhance R&D…
AML3D expands scope of work for DSTG with new contract Wire arc additive manufacturing company AML3D has announced a contract with Toolcraft Australia to supply a six-part nozzle assembly for the Defence Science and Technology Group project. In a statement on Wednesday, AML3D said the $350,000 contract follows successful delivery of a four-stage nozzle assembly…
Battery technology company Li-S Energy has announced that its GEN3 semi-solid-state lithium sulfur (Li-S) battery cells have successfully passed a series of nail penetration tests with the results exceeding both the civilian and US military performance standards. The company tested its multi-layer semi-solid-state 2.5Ah lithium sulfur cells built on the company’s Phase 2 micro-production line…
Modular relocatable carpark manufacturer, PARKD is bringing a new level of prefabrication to the construction of multi-level car parks. The company’s modular design allows car parks up to six levels to be fabricated offsite and assembled to increase parking at shopping centres, airports and commercial sites. The listed Western Australian company released its results for…
Nominations have opened for NSW’s annual export awards, with the program covering 13 national categories and five NSW categories and accepting nominations until Friday June 14. In a statement on Wednesday, Investment NSW’s Deputy Secretary Katie Knight said the state’s exports continued to grow, currently contributing $150 billion, and with trade supporting one in five…
Australian Turntable Company is in demand all over the world in its niche: designing, engineering, assembling and maintaining platforms that spin. Brent Balinski speaks to Managing Director Ben Chapman about the regional Victorian company’s story, and the imminent launch of its very first first business-to-consumer product. It was the middle-aughts. Then as now, Iran’s military…