By Dr Jim Stanford The COVID-19 pandemic has reminded Australians of the importance of being able to manufacture a full range of essential equipment and supplies. And the COVID recession has created a large economic void that a revitalised manufacturing sector could help to fill in coming years. The Centre for Future Work has released…
Rare earths producer Lynas Corporation has signed a ‘phase one’ contract with the US Department of Defence to construct a rare earths processing plant in the United States. The contract will allow the company and its US partner Blue Line to complete a market and strategy study and planning and design work for the heavy…
Steelmaker BlueScope is one of a number of major companies who have joined in the Australian Industry Energy Transitions Initiative (Australian Industry ETI) launched this week. Together with a number of gas producers and industrial companies such as BHP, the initiative will work to understand how to move towards net zero emissions in supply chains…
Infant and goats milk formula producer Bubs Australia has added a Vita Bubs range of infant vitamins to its infants and children’s product range. The company, which has experienced fast growth of its formula exported to the China market, also announced full year turnover to June 30 of $62 million, up 34 per cent on…
Australia is the least self-sufficient in manufacturing – report A report by The Australia Institute’s Centre for Future Work reveals Australia is the least self-sufficient of all OECD Countries. Australia is 36th in the OECD in terms of the amount of goods we manufacture versus the amount of manufactured goods we use. The Centre’s Jim…
Magnis Energy Technologies may build a new type of extra fast charge lithium ion electric vehicle battery at massive new factories it is planning in Townsville and New York. The company’s battery partner, Charge CCCV (CV4), has completed test results on the new battery which Magnis describes as a ‘potential game changer for EV manufacturers.’…
Analysis by Peter Roberts Australia is not going to see any significant change in the focus of national policy for manufacturing nor any significant boost to federal attempts to grow the sector. This was abundantly clear in Josh Frydenberg’s 2020 budget update speech on Thursday, representing the federal government’s response to the Covid-19 pandemic. While…
Perth shipbuilder Austal has laid the keel of the first of six Cape Class patrol boats the company is building for the navy at its Henderson shipyard south of Perth. Keel laying is a major milestone in the construction of the ship, known hull 811, which is scheduled for delivery to the RAN in September…
Oil and gas industry composites manufacturer Matrix Composites has been hard hit by the Covid-19 pandemic, reporting subdued revenue in the latest financial year and sparking a strategic review of its businesses. The company, which supplies buoyancy systems for undersea gas and oil installations and pipelines (pictured below), reported unaudited fourth quarter revenue of $27.5…
Drone detection and countermeasure company, DroneShield has announced two orders from military customers in Europe and the United States in two days. The company won an order for its RadarZero portable counterdrone system (main picture), powered by the DroneShieldComplete control system from a significant European military force. And it won a contract from the US…
