Biotech giant CSL in massive global takeover

Analysis by Peter Roberts Australia’s largest and most successful manufacturer, global blood products and vaccine powerhouse CSL, is to raise billions from investors to execute a $17.2 billion all cash takeover of a complementary healthcare business, Swiss pharmaceutical manufacturer Vifor. The massive takeover expands CSL’s global footprint into complementary areas including haematology, thrombosis, cardiovascular and…

Fortescue and Incitec Pivot strike green gold at Gibson Island

By Peter Roberts Fortescue Future Industries and fertiliser manufacturer Incitec Pivot have struck gold at the Gibson Island, Brisbane urea plant in their efforts to convert the facility from natural gas to green hydrogen feedstock. The plant, which is to close in December because Incitec Pivot has been unable to secure a supply of gas,…

GaardTech tops a big year with sale of vehicle replicas to army

Military training armoured vehicle target system manufacturer GaardTech has topped off a stellar year with the announcement of the sale of replica ‘enemy’ vehicles to the Australian army. The vehicles supplied under the $930,000 contract, announced on social media, will be used for’ dynamic joint training scenarios to be established anywhere in Australia better reflecting…

Gilmour Space Technologies secures indigenous support

The Juru Traditional Owners at Bowen in Queensland have signed a Cultural Heritage Management Agreement with Australian rocket manufacturer Gilmour Space Technologies. The agreement supports a proposed launch site within the Queensland government-owned Abbot Point State Development Area, which could see the first Australian-made rockets and satellites launching to orbit next year. Chairperson of the…

1.5 years after starting a process, Canberra backs commercial mRNA vaccine manufacture

By Peter Roberts Prime Minister Scott Morrison announced today that state and federal governments and vaccine producer Moderna had signed an ‘in principle’ deal for the construction of a Melbourne plant capable of utilising the newly successful vaccine production technologies that produced the Pfizer and Moderna vaccines. The plant would be capable of producing up…

Importing trams because they were cheaper was never true – By Shane West

The idea that importing public transport rolling stock is somehow cheaper has been blown out of the water by Sydney’s recent disasters with trains that don’t fit the tunnels and trams that are cracking up, and let’s not forget imported ferries that don’t fit under bridges. Here Shane West forensically dissects the history of Sydney’s…

Silver, lead and zinc refining goes green as minerals sector rushes to decarbonise

By Peter Roberts Nystrar’s big silver, lead and zinc refinery at Port Pirie in South Australia is planning to go green with news that the company and the state are funding a $5 million front end engineering and design study for as $750 million green hydrogen electrolyser to power the plant. The plant, which was…

Finally, Australia signs a big defence buy from Korean firm Hanwha

By Peter Roberts Australia has signed a $1 billion defence contract for new Self-Propelled Howitzers for the army from an Asian nation – from Hanwha Defense Australia and Korea – ending a purchasing drought and bias towards buying from European nations and prime contractors and the United States. Hanwha plans to build and assemble its…