Comment by Peter Roberts The federal government appears likely to make no effort to support the establishment of electric vehicle manufacturing in Australia following the release of a new report. The report, funded by the Australian Renewable Energy Agency’s Advancing Renewables Programme, looked at the very low level of EV sales in Australia and decided…
BlueScope Steel has revealed a strong result for the 2020 financial year with its results in the 18 countries where it operates reflecting local fallout from the Covid-19 pandemic. Business was disrupted by compulsory industry closures in some markets such as Malaysia and the United States, China is recovering strongly and the company is reviewing…
Respiri secures global sales and distribution agreement Asthma management system developer Respiri has signed an exclusive agreement with pharmaceutical firm Cipla to sell its Wheezo asthma management device. Cipla will initially market Wheezo in Australia and New Zealand, with further territories including the United States, Europe and India also on Cipla’s radar. Initial minimum sales…
Defence minister Linda Reynolds has signaled support for Australian involvement in future purchases of unmanned aerial vehicles for the army with a surprise visit to Orbital UAV in Perth. Coming so soon after the release of an updated Force Structure Plan which foreshadowed new spending on unmanned military systems, the visit to UAV engine manufacturer…
Recce Pharmaceuticals will trial its anti-infective agents RECCE 327 and RECCE 529 against SARS- CoV-2. The company has teamed with North Carolina’s Path BioAnalytics to trial its broad-spectrum synthetic antibiotics which the company is commercialising to defeat resistant superbugs, Researchers at PBA will evaluate the company’s drug candidates in an ‘ex vivo respiratory organoid model…
Brisbane electronics manufacturer Elexon Electronics has opened a new state of the art ‘intelligent factory’ to help it enter new markets in defence and aerospace. State government politicians including manufacturing minister Glenn Butcher (pictured, at right) launched our the new facility along with CEO Frank Faller (left). The government supported the investment in automated surface-mount…
Recycling and packaging giant Visy has spent $947 million to buy the Australian and New Zealand glass bottle manufacturing business of global packager, Owens-Illinois Glass. In a major show of confidence in Australian manufacturing, Visy’s owner ad executive chairman Richard Pratt has made one of the country’s largest-ever manufacturing acquisitions – all in the midst…
Advanced composites manufacturer Quickstep Holdings has continued to grow sales during the Covid-19 pandemic according to its results released today for the June quarter. The Sydney defence, aerospace and advanced manufacturing supplier recorded quarterly sales up seven per cent over the previous corresponding period to $24.6 million. Full year sales were up 12 per cent…
Rare earths producer Lynas Corp has ordered long lead time equipment for a new processing plant it is building at Kalgoorlie, a move forced on the company by troubles at its existing Malaysian processing plant. The Perth company operates a mine and concentration plant at Mt Weld in Western Australia for Neodymium, Praseodymium, Lanthanum, Cerium…
Engineering and manufacturing company CR has bought the underground mining business of specialised Bendigo steel casting company Keech Castings. CR, formally known as CQMS Razer, will acquire Keech’s business in underground ground engagement tools including customer contracts, mining products and all associated Intellectual Property. The acquisition includes Keech’s UGET WearPact, ArmourBlade & new SNRG product…
