Adherium gets US sales approval

Australasian smart asthma inhaler device maker Adherium (ASX: ADR) has received US Food and Drug Administration clearance for over the counter sales of its Hailie sensors. The company, founded in New Zealand, listed in Australia and headquartered in the United States, manufactures connected respiratory devices. Its’ Hailie sensor attaches to a patient’s asthma inhaler, monitoring…

Lithium Australia closer to value-adding metals

Lithium Australia (ASX: LIT) has announced progress on a number of fronts in its strategy of developing value-adding businesses in the fast-growing lithium metal space. The company detailed significant progress in its technologies to produce lithium chemicals, produce lithium cathode powder, make lithium-ion batteries and in battery recycling. The company is also evaluating several potential…

DroneShield shares jump on sales boost

Shares in Australian-Israeli anti-drone security company, DroneShield (ASX: DRO) leapt 22 per cent this week on more positive sales news. The company reported increased cash inflows for the June quarter, continuing positive cash flows from its drone detection and counter-measure product portfolio. Record cash inflows of $1.1 million were recorded, reducing net cash burn to…

Australia should reserve not import gas to lower prices, argues report

A report by the Institute for Energy Economics and Financial Analysis release this week argues that Australian gas producers are behaving like a cartel, and that a domestic gas reservation should be implemented to fix prices at $5 per gigajoule. The philanthropically-funded international organisation argues that gas prices – which are tied to electricity prices…