Preliminary master planning is underway for Iron Road’s planned multi-purpose, multi-user deep-sea port for iron, grain and green hydrogen and ammonia export at Cape Hardy on Eyre Peninsula in South Australia. The company’s Central Eyre Iron Project will integrate a ‘green pellet’ plant fuelled by renewable energy, using high grade concentrate from the company’s Central…
The federal government has announced that it has selected Hanwha Defense Australia as the preferred tenderer to deliver 129 infantry fighting vehicles to the Australian Army. The Government has also decided that the new vehicles will be built in Australia at Hanwha’s facilities now under construction at Avalon airport in Geelong, Victoria. Conroy said the…
Increasing multinational collaboration among AUKUS companies in Australia’s shipbuilding sector is apparent in a new tie up between US-based Fairbanks Morse Defense (FMD) and Melbourne’s Marand Precision Engineering. FMD is a primary supplier to the US Navy of marine power and propulsion systems, while Marand has increasingly been penetrating defence from its origins in the…
The federal government appears to have done what all governments have done recently – leaked the result of a critical government decision to favoured news sources. In this case selected media are reporting tonight that the government has decided to buy 129 infantry fighting vehicles from South Korea’s Hanwha Defense over its German rival for…
Perth international shipbuilder Austal’s shares dropped on the ASX this morning following a company report of specification changes and inflation which has hit its US steel naval shipbuilding operation. In early trading Austal’s shares were down 11 percent to $2.28, with the company announcing a ‘substantial revision in earnings’ following these changes and ‘inefficiencies’ in…
Applications are now being sought to receive funding from South Australia’s Defence Innovation Partnership’s Collaborative Research Fund. Successful applicants will receive grants of up to $150,000 to support collaboration across government, universities and industry for early-stage defence-relevant research, development and innovation. The CRF was established in 2018 to support research partnerships between industry, academia and…
By Peter Roberts The Treasurer Jim Chalmers has opted for gradualist reform of the much criticised Productivity Commission, appointing a former Labor Party staffer to be the commission’s new chair. Chalmers appointed Chris Barrett (pictured) as the new Chair and said ‘to build a stronger economy, we need to build stronger economic institutions – and…
Aerospace composites manufacturer Quickstep moved back into the black in the fourth quarter FY23 as the company continued to recover from operational and supply chain issues that hit the global industry in FY22. The Sydney company told investors that it had experienced favourable outcomes in all three areas of its business leading to the positive…
Carbon fibre nanotube X-ray manufacturer Micro-X has scored a coup with the announcement it has been funded by the US Department of Homeland Security to manufacture full size, integrated, self-screening airport passenger checkpoints. The company’s minaturised CT scanner technology, which has been in development under two DHS contracts worth $8 million, makes possible the concept…
The federal government has announced a massive new order for 20 new C-130J Hercules aircraft for the Royal Australian Air Force, but worryingly failed to define Australian industry benefits in the announcement. Defence minister Richard Marles and Defence Industry Minister Pat Conroy revealed the $9.8 billion in spending with Lockheed Martin but were vague about…
