Rio Tinto and BlueScope combine for low-carbon steelmaking

Miner Rio Tinto and steel producer BlueScope will work together to explore low-carbon steelmaking pathways using Pilbara iron ores, including the use of clean hydrogen to replace coking coal at BlueScope’s Port Kembla Steelworks. The two companies have signed a Memorandum of Understanding (MOU) to research and design low-emissions processes for the steel value chain,…

Entech Electronics in long production run manufacturing breakthrough

Contract manufacturing group Entech Electronics and Brisbane diagnostic company Ellume have shown that when it comes to long production run electronics manufacturing, the old prejudice that Australian manufacturers have to offshore production to compete no longer holds true. Ellume, which automated its factory in Brisbane to make the company’s Covid-19 rapid antigen test with the…

Conflux Technology raises $8.5m to expand

Metal additive manufacturer Conflux Technologies has raised $8.5 million to boost capabilities and buy new equipment in a series A investment round. Investors Germany’s AM ventures and Australia’s Acorn Capital backed Conflux which uses metal additive manufacturing (AM) to improve heat exchangers for automotive, aerospace, energy and defence use. AM Ventures provided initial seed funding…

Army progresses autonomous truck development

A $3.5 million Australian Army project to develop a convoy of autonomous trucks that use technology to ‘follow the leader’, reducing the need for troops and the risks they face, has successfully completed a series of road trials. The autonomous leader-follower vehicle technology, using modified Rheinmetall MAN Military Vehicles–Australia (RMMV-A) trucks, was developed under a contract…

$50bn decommissioning costs face oil and gas facilities

Australia’s ageing offshore oil and gas infrastructure faces $50 billion in costs with a high powered advisory committee established by the Centre of Decommissioning Australia (CODA) to address the challenges and maximise business opportunities involved. Six industry leaders have been appointed to an advisory panel including experts from ExxonMobil, Santos, Baker Hughes, IAS Group and…

EOS receives contract payments, cuts profit outlook

Defence, space and telecommunications manufacturer Electro Optic Systems has clawed back most of the customer payments for its biggest defence contract delayed due to Covid-19, but nonetheless been forced to slash profit outlook for the current financial year. The Canberra company cut guidance for underlying operating profit (EBIT) for FY22, excluding costs associated with its…