Treasury Wine grows profits again after China hit At an investor information day Treasury Wine Estates, the maker of Penfolds wines, revealed its profits were recovering following a period affected by the Covid-19 pandemic and the imposition of punitive import tariffs by China. The company told investors its second half operating profit in FY21 would…
By Peter Roberts The dozen Independence-class Littoral Combat Ships delivered so far to the US Navy are at the one time shipbuilder Austal’s most successful design yet at the same time the one that has not quite lived up to its promise. The Independence vessels were conceived as a breakthrough ship. It was to be…
Perth shipbuilder Austal has delivered two Cape class patrol boats to the Trinidad and Tobago Coast Guard built at its Henderson shipyard in Western Australia. The company delivered the two 58 metre boats, TTS Port of Spain and TTS Scarborough to Lieutenant Commander Francise Paulette Cazoe of the TTCG at a ceremony in Perth today.…
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Graphene development company Sparc Technologies has identified three key areas for the commercialisation of its graphene products. The company told investors that it was pursuing product development in three streams: Environment – Industrial Materials – Product Enhancement workstream Sustainability and Remediation – Extraction workstream And a Health – Living a Better Life workstream. CEO Mike…
Iluka Resources has won Australian government backing for its proposal to build Australia’s first fully integrated rare earths refinery at its Eneabba monzanite deposit north of Perth. The company told investors that following a meeting with federal ministers in March, it had received a letter which indicated the government would look at ‘options for support’…
