The world is rapidly shifting to renewable energy technologies. Battery minerals are set to become the new oil, with lithium-ion battery supply chains becoming the new pipelines. China is currently leading this lithium-ion battery revolution—leaving the U.S. and its allies including Australia dependent on imports. However, there is pressure to develop our own domestic energy…
Australia’s latest apprentice and trainee data shows a continuation of the long term slump which has halved Australia’s training effort in only seven years. The number of Australians in training, measured by the National Centre for Vocational Education Research (NCVER), has been in a savage slump since the election of the Coalition in Canberra. The…
Australian Dairy Nutritionals Group (ASX: AHF) has given the go-ahead for a $6 million organic infant formula plant at the Camperdown dairy park in south-west Victoria. The company made the move following the certification of its first dairy farm at Yaringa in the region as 100 per cent organic. Its first-stage organic infant formula plant…
Agricultural biotechnology company Terragen Holdings (ASX: TGH) is reporting sales up 45 per cent as it increases distribution of its two launch products. The Queensland company, which raised $20 million on listing, produces microbial-based treatments and feeds at its Coolum plant. The company reported sales up until November of its Great Land microbial soil conditional…
Perth global shipbuilder Austal (ASX: ASB) has delivered its latest expeditionary fast transport ship, the USN Puerto Rico (EPF 11), to the US Navy at a ceremony at its yard in Mobile, Alabama. In August the vessel was the first of its class to complete integrated sea trials, involving builder’s trials and acceptance trials, in…
By Peter Roberts Defence, space and communications group Electro Optic Systems (ASX: EOS) has raised $85 million from investors and shareholders, confirming investor appetite for progressive manufacturers. The company announced it had raised $17 million – $10 million more than initially sought – in a share purchase plan from existing shareholders. This came on top…
Respiri Limited (ASX:RSH) has achieved TGA approval to list its wheezo asthma monitoring device (pictured) on the Australian Therapeutics Goods Register (ARTG). The device is the world’s first digital wheeze monitoring solution of sensor, smartphone application and digital health platform to help people manage respiratory disease. TGA approval came after the Melbourne company undertook an…
High-speed welding technology developer K-TIG (ASX: KTG) has signed on as a formal member of the UK’s Nuclear Advanced Manufacturing Research Centre. The company, whose technology has proven effective in nuclear container fabrication, cemented years of collaboration with the signing. The signig took place in Sheffield, UK. The Nuclear AMRC is made up of government,…
Holden has dumped its once market-leading Commodore nameplate as sales of the brand continue to tank. With sales of about 6,000 a year, the model is obviously unviable. But then again it was always on the cards – no-one really expected that buyers of the big rear drive Commodore made in Adelaide until 2017 would…
A second plant-based meat food business, Fable, has attracted capital as factory-made meats take off. Fable raised $1.5 million from Atlassian co-founder Mike Cannon-Brookes, Blackbird Ventures and angel investors, according to a report in Channel 9 media. Fable’s plant-based meat product launched at Heston Blumenthal’s Dinner restaurant in Melbourne on Tuesday is said to have…
