Government focus on defence innovation – Thistlethwaite

The Assistant Minister for defence Matt Thistlethwaite has spruiked the government’s response to the Defence Strategic Review in the field of defence innovation, including through joint work with AUKUS partners the US and the UK. The DSR found that more support is needed for innovation, faster acquisition and better links between Defence and industry to…

Norweld expands to new Perth facility

Premium 4WD aluminium tray and canopy manufacturer Norweld has invested $5 million in a new 2,573sqm purpose-built facility in Wangara, Perth to meet demand from recreational and fleet customers. Once at full capacity the facility will employ 30 local staff and triple Norweld’s previous output capabilities in Western Australia, including servicing customers as far north…

Orica expands with mining chemicals buy

Chemicals and explosives manufacturer Orica is to acquire 100 per cent of the common stock of Cyanco Intermediate 4 Corp. (Cyanco) (the Acquisition) from an affiliate of Cerberus Capital Management, L.P. (Cerberus) for US$640 million. The acquisition of Cyanco, a US-based leader in the manufacture and distribution of sodium cyanide primarily serving the gold mining…