CSIRO is backing the formation of a new company to take a methane-busting seaweed to market, with $13 million secured from five investors. FutureFeed Pty Ltd will commercialise a livestock feed additive made from the seaweed Asparagopsis, which has been shown to reduce methane emissions in beef and dairy cattle by more than 80 per…
Our Australia’s niche champions series continues today with Alf Taylor, co-founder of global food processing and packaging machine manufacturer, tna Solutions. Here Alf reveals the key to global strength. Innovation is at the core of tna’s manufacturing philosophy. At the heart of our business, is a team of passionate individuals who continue to drive tna’s…
Wastewater treatment technology company SciDev has extended the reach of its water treatment chemistries to mineral processing, with a trial underway at BHP’s Olympic Dam copper and uranium mine in South Australia. SciDev has received a trial order worth $1 million to trial for six months its MaxiFlox chemistry which is normally used to treat…
Western Australian vanadium producer Australian Vanadium is examining the value adding of ores from its planned mine at Gabanintha, south of Meekatharra in Western Australia. The as yet unbuilt mine and processing plant would produce 10,115 tonnes of V2O2 flake per annum, together with 922,500 tonnes of iron rich calcine material which would go to…
Gaming manufacturer Ainsworth Game Technology continues to be hit hard by the Covid-19 pandemic with sales slowing further in the second half of 2020. The Sydney company reported expected second half revenues of $42 million, down from $116 million in the previous corresponding period. Preliminary unaudited figures have been delayed. Full year results are expected…
Mining technology company CR Digital is commercialising a new system which detects the approaching top of a coal seam during borehole drilling prior to blasting. The technology, which promises to reduce coal wastage during the blasting process, is being developed in conjunction with Mining3 and tested in Australian mines. This announcement comes on the back…
Analysis by Peter Roberts A surprising and sustained strength in key commodity prices has brought cheer to manufacturing and maintenance operations supporting Australia’s commodities export industries. While LNG gas prices are down and thermal coal is increasingly seen as yesterday’s fuel, prices for hard resources from iron ore to copper and gold are at very…
a2 Milk, the company that pioneered the idea that a2 proteins in its milk are healthier than alternatives has again shown strong growth in all markets and segments during the 2020 financial year. The company announced EBITDA of $501.9 million, up 32.9 per cent on the previous year, on revenues up 32.8 per cent to…
With biotechnology giant, CSL in the news for its potential to manufacture Covid-19 vaccines in Melbourne the company has reported a massive profit surge for the 2020 financial year. The blood products and vaccine maker reported net profit after tax of $2.9 billion (US$2.1 billion), a rise of 17 per cent on the previous year.…
The federal government has secured the right to early local manufacture of one of the most promising Covid–19 vaccine candidates being developed in the UK by Oxford University and AstraZeneca. According to media reports the agreement allows for the production of 25 million doses of the vaccine in Australia, possibly as early as late this…
