Building-integrated photovoltaic energy company ClearVue has announced an immediate and “wide ranging initiative to review its operational spending”, with an expense analysis to “evaluate each budget line item”. Last Tuesday the ASX-listed, Perth-based company announced that Global CEO Martin Deil had resigned and Executive Director Jamie Lyford stepped down as an Executive Director, “effective immediately.”…
By Alison Reeve, Grattan Institute As the world looks for ways to tackle climate change, Australia has invested heavily in green hydrogen. Green hydrogen is shaping as the best option to strip carbon emissions from some industrial processes, such as iron-making and ammonia production. But making the dream a reality in Australia is proving difficult.…
What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Methane-to-turquoise hydrogen catalyst project awarded $492,526 grant from AEA A team including energy technology company 1414 Degrees has been awarded an Australia’s Economic Accelerator (AEA) Ignite grant of $492,526 for a project progressing a proprietary hydrogen reactor. According to a…
Battery anode material company Graphinex has opened its Townsville demonstration facility, which has received $5 million in federal and state government backing. According to a statement from federal resources minister Anthony Chisholm on Friday, the site will process graphite ores sourced from the Graphinex Esmeralda Graphite deposit, approximately 500 kilometres west of Townsville, and will…
By Joe Carrello, The University of Melbourne US President Donald Trump’s proposed tariffs on Australia’s pharmaceutical exports to the United States has raised alarm among industry and government leaders. There are fears that, if implemented, the tariffs could cost the Australian economy up to A$2.8 billion. That’s both in direct exports and as inputs to…
Battery technology company Li-S Energy has begun production of a vital ingredient in its batteries, ahead of schedule, in a project backed by a $1.76 million Industry Growth Program grant. According to a statement from the company on Friday, the milestone was achieved at its Geelong factory, where it has installed a new lithium extrusion…
Bega Cheese is closing its Kingaroy and Tolga peanut processing operations in QLD after failing to find a buyer for the failing business. The planned shutdown will cause the loss of 150 jobs across the two facilities. The peanut processing business has been incurring losses of between $5 and $10 million per annum, and Bega…
By Madoc Sheehan, James Cook University Green hydrogen is touted by some as the future – a way for Australia to slowly replace its reliance on fossil fuel exports. The energy-dense gas has the potential to reduce emissions in sectors challenging to decarbonise, such as steelmaking and fertiliser manufacturing. The Albanese government wants it to…
Focus and finance were the dominant themes at Spotlight on Scaling Up, a recent half-day seminar by @AuManufacturing in partnership with AMGC, BDO, and the Australian Business Growth Fund. Keynote speakers Alf and Nadia Taylor shared their adventure from husband-and-wife engineering consultancy to an international food packaging and processing solution provider with a headcount of over 600…
Adelaide-based Tindo has struck a cooperation partnership with Townsville procurement and logistics firm Wadda Mooli, aimed at placing Australian people and businesses at the forefront of infrastructure spending. Tindo, Australia’s only maker of solar panels, was recently announced as the solar PV supplier to the Bowen Water Pipeline project. During negotiations, the company formed a…