The PhosOne joint venture between North West Phosphate (NWP) and Sibanye-Stillwater (SSW) has been awarded prescribed project status by the Queensland government, which says it is expected “to generate $1.4 billion in economic value”. In a statement on Friday, the state government described PhosOne as a pit-to-production venture capable of creating 490 jobs in construction…
Hanwha Defence Australia (HDA) has announced that Ben Hudson will be the new Managing Director, effective on Monday. HDA said that Hudson’s background includes working with and leading teams at BAE Systems, Rheinmetall, General Dynamics, and service in the Australian Army. He takes over in the new role on June 2 from Dean Michie, who…
As artificial intelligence (AI) reshapes industries across the globe, Australian manufacturing faces a critical crossroads. To remain competitive in increasingly advanced global markets, Australian businesses must urgently adopt smart, high-tech solutions, writes Graeme Sheather. The emergence of AI as a dominant force is no longer a distant threat—it’s a present-day disruptor altering the foundation of…
The National Reconstruction Fund Corporation will reportedly announce a $27 million stake in PolyActiva, a company commercialising an injectable device to treat glaucoma. According to The Australian Financial Review, the investment to be announced on Friday is alongside $13 million in new funding from Brandon Capital, and will support PolyActiva in moving to phase-two trials,…