Artrya raises $15 million

ASX-listed Artrya, which is commercialising coronary disease diagnosis support products, has announced a successful $15 million raise through a share placement. In a statement on Friday, the company said it had received binding commitments under a two-tranche placement at $0.73 per share.  The proceeds will be used to progress regulatory applications for its Salix Coronary…

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AICRAFT to build onboard computers for Emirates Lunar Mission rovers

AICRAFT has announced that it will design and build onboard computers for rovers “aimed at prospecting locations on the Moon” for the Emirates Lunar Mission (ELM.) In a statement on Thursday, Adelaide’s AICRAFT said it will build onboard computers to allow “data processing from science cameras, rover navigation and communication” and autonomous operations on the…

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MTM recovers high levels of gallium, germanium from semiconductor industry waste

Metals recovery business MTM Critical Metals has announced a claimed breakthrough in recovering critical minerals from semiconductor waste, solving a problem “previously considered commercially unviable”. In a statement on Thursday, the ASX-listed company said it achieved a world first in recovering high levels of germanium and gallium “without using acids or environmentally harmful methods” using…

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Act on “cheap imported products” or risk domino effect on building sector, housing supply: AGWA

The Australian Glass and Window Association (AGWA) has added to comments urging government action on cheap imports following the collapse of Australia’s only producer of architectural glass last week. In a statement on Thursday, AGWA said “serious consequences for Australia’s building sector and national housing supply targets” were risks unless more was done to shield…

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$2.5 million in Industry Growth Program grants awarded

Another round of grant recipients under the federal government’s Industry Growth Program has been announced, with a combined $2.51 million awarded to CoilRig, Azaneo, Innovation Industries, Magic Valley and Allegro Energy. According to a statement from industry minister Ed Husic on Thursday, Allegro Energy was awarded $1.85 million to further their “Redox Flow Battery technology”…

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Whyalla steelworks seeks refinancing amid financial struggles

In response to mounting pressures to settle substantial debts, the owners of Whyalla Steelworks, led by GFG Alliance’s chairman Sanjeev Gupta, are actively pursuing new financing solutions to sustain operations. This development follows intense scrutiny from South Australia’s Premier, Peter Malinauskas, who recently visited Whyalla to engage with creditors and reinforce the urgency of financial…

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