Alpha HPA expands supply to the semiconductor sector

Alpha HPA expanded its capability to supply high purity alumina materials to the semiconductor industry, according to a statement released by the company on Tuesday. The company reported recent customer test results and a new Letter of Intent to meet demand from AI-driven data centres and next-generation power electronics. Chemical Mechanical Planarization (CMP) testing confirmed…

Fabricated wood sector tipped to slump 1.4 per cent this financial year

The nation’s $1.7 billion fabricated wood manufacturing industry is expected to return to growth after a decline in revenue of 1.4 per cent in 2024 – 25, though it faces difficulties including plantation tree availability and competition from imports. According to market research firm IBISWorld’s Fabricated Wood Manufacturing in Australia – Market Research Report (2015-2030),…

UQ biotech innovation partnership forges a second startup

A new startup aimed at discovering and developing anti-inflammatory disease medicines has been formed by The University of Queensland’s commercialisation arm UniQuest and global biotech company Molecule to Medicine (MTM), according to a statement released on Tuesday. Curlew Bio will leverage expertise from the Queensland Emory and Drug Discovery Initiative (QEDDI) and research developed by…

Whyalla steelworks was ‘relying on luck for safety’ before administration

The Whyalla steelworks was losing $1.5 million per day before being forced into administration, burning through nearly $320 million in seven months, administrators KordaMentha revealed at a creditors meeting on Monday. The administrators outlined total debts exceeding $1.34 billion, including $189 million in outstanding employee entitlements and $40.2 million owed to the South Australian government…

Federal government will allocate $3.5 million to new food security strategy if returned

The federal government has said it will develop a new national food security strategy titled “Feeding Australia” if re-elected, aimed at increasing “the security and supply chain resilience” of both agriculture and food production. According to a statement from agriculture minister Julie Collins (pictured) on Tuesday, Australia produces enough food “to feed more than twice…