The federal government has backed a study into the feasibility of a new coal fired power station at Collinsville in north Queensland that will very likely not get built. The $4 million study funded by the $10 million Supporting Reliable Energy Infrastructure program will support Shine Energy Pty Ltd’s feasibility study for a proposed 1GW…
Comment by Peter Roberts While the federal government continues to thumb its nose at public and scientific opinion on climate change, there is no shortage of innovative businesses looking to help stem the global warming trend.. As Canberra was dying in a ditch protecting the failing technology of coal power, a group of entrepreneurs has…
Rare earths producer Lynas Corporation has been forced to go public to refute claims by anti-company activists in Malaysia that it was misleading the public. Lynas, which is mired in controversy about radioactive wastes from its Malaysian processing operations, reacted to claims from Save Malaysia, Stop Lynas (SMSL). The group said Lynas misled investors by…
Major awards for science, innovation and design kick off this week with nominations opening for two prestigious prizes. Through the annual Good Design Awards program, Good Design Australia recognises and celebrate excellence in cutting edge design and breakthrough innovation. The awards recognise good design, design innovation and design impact in a number of fields including…
Global surgical and protective glove manufacturer Ansell has moved to shore up its supply chain with the purchase of 50 per cent of Malaysian latex glove manufacturer, Careplus Group for $13.4 million. The joint venture essentially adds the current Ansell supplier of nitrile powder-free examination gloves with annual sales of $56 million and a factory…
Perth company Strategic Elements has demonstrated its nanocube data storage device (pictured) to a major printed electronics conference in Finland involving 50 companies in the field of printable electronics. The company’s Sydney product engineers, at its subsidiary Australian Advanved Materials, have been working with the University of New South Wales, CSIRO and VTT Finland to…
The food sector will see continuing growth in alternative, processed protein foods such as plant-based meats and other alternatives, according to a major report from AgriFutures Australia. AgriFutures, the successor to the Rural Industries Research and Development Corporation (RIRDC), estimates that additional opportunities for the protein sector will total more than $19.9 billion by 2030,…
At least one area of value-adding exports are booming – premium wines. Figures from Wine Australia showed the total value of Australian wine exports grew by three per cent to $2.91 billion in the 12 months to December 2019. The good news is that exports of higher valued wines – those above $10 per litre…
Specialist braking systems manufacturer Advanced Braking Systems is on a fast growth path, notching up sales of $4.3 million for the December half year, 32 per cent up on the corresponding period in the prior year. The Perth company boosted margins and achieved an EBITDA of $317,000 compared to a small loss the prior year.…
Rocket launch provider, Black Sky Aerospace and UK company Raptor Aerospace will conduct an international rocket motor test and sounding rocket launch campaign in Queensland’s outback. The campaign will begin later this month at the Beyond the Blue Aerospace sub-orbital launch facility at Goondiwindi, with Raptor testing and space qualifying their launch vehicles and systems.…
