Drilling equipment and services company Boart Longyear’s Veracio subsidiary is to buy scanning instrument manufacturer Minalyze boosting its instrumentation and software offerings. The company will buy the manufacturer of products which visualise geological data for US$29.3 million, made up of cash and promissory notes which will be convertible into shares. The company’s patented scanner and…
The Victorian government has announced new co-investment partnerships with five Victorian universities, with $87 million in total to be allocated through the Breakthrough Victoria – University Innovation Platform program The new partnerships are with Deakin University, La Trobe University, Monash University, RMIT University and Swinburne University, and according to industry minister Ben Carroll “will help…
Chemicals and explosives technology manufacturer Orica today announced accelerated climate change targets. The Melbourne company has invested to deliver significant reductions in net operational Scope 1 and 2 greenhouse gas (GHG) emissions, according to the company. A forecast 19 per cent emissions reduction from FY2019 levels by the end of FY2023, successful low-emissions technology deployments,…
A global centre for hydrogen research has been established involving three Australian universities in South and Western Australia. The University of Adelaide, Flinders University, and Curtin University represent Australia in the international Global Hydrogen Production Technologies (HyPT) Centre, connecting research partners from the US, Canada, the UK, Egypt, and Germany. The centre will focus on…
Professional services firm GHD has been appointed as Owner’s Engineer by Green Steel of WA (GSWA) to develop the Collie steel recycling plant, which GSWA plans to have running in 2026. According to a statement from GHD on Tuesday, it will provide multidisciplinary services related to the plant’s specifications; support engineering, procurement, and construction engagement;…
Manufacturing industry sentiment has fallen to levels not seen since the Global Financial Crisis, according to the ACCI-Westpac Survey of Industrial Trends for the September quarter. Released on Tuesday morning, the survey showed a decline in new orders, a net five per cent of manufacturers reducing headcount, and a net 35 per cent of manufacturers…
The federal government will spend $1.5 billion to buy a fourth MQ-4C Triton Remotely Piloted Aircraft System, and upgrade to the Royal Australian Air Force’s fleet of P-8A Poseidon Maritime Patrol Aircraft. While Triton will be imported, Australian industry has got a look in to the spending with the government negotiating with Boeing Defence Australia…
Minister for Climate Change and Energy Chris Bowen has rubbished opposition calls for Australia to embrace nuclear power in the form of small modular reactors. Opposition leader Peter Dutton has injected his idea of a nuclear renaissance into the energy debate, suggesting he might change the Coalition’s official opposition to nuclear power, saying Labor was…
National Reconstruction Fund to hold inaugural meeting The board of the National Reconstruction Fund will hold its inaugural board meeting in Sydney on Monday afternoon. In attendance will also be Chair Martijn Wilder, as well as Kelly O’Dwyer, Kathryn Presser, Karen Smith-Pomeroy, Daniel Walton, Daniel Petre. Ahmed Fahour and Dr Katharine Giles will attend virtually. The make-up…
The Victorian government has announced that construction of Moderna’s mRNA vaccine manufacturing facility is ahead of schedule and at the halfway mark, with completion expected next year. State industry minister Ben Carroll visited Monash University’s Clayton precinct on Monday morning, where the US-based biotechnology company will eventually have capacity for 100 million vaccine doses per…