Carbon fibre road wheel manufacturer Carbon Revolution has released new forecasts for future sales and confirmed a path to a maiden profit in a turnaround for the company as it heads towards a US listing. The Geelong Victoria company suffered badly during Covid with its car maker customers pausing new wheel developments and even closing…
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Brisbane-headquartered Vaxxas, which is commercialising a needle-and-syringe-free technology for vaccine delivery, has announced a new Chief Medical Officer and interim results from a recent Phase 1 trial using its technology to administer a SARS-CoV-2 vaccine candidate. The company used the BIO International Convention in Boston to share news of the appointment of Dr Rochelle Chaiken…
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Coal’s future as a source of electricity isn’t what it used to be, writes Jan Kwak, but the material could be a rich source of industrial chemicals. In this article he considers the challenges and opportunities involved. Australia, renowned for its abundant coal reserves, has long been a major player in the global mining industry.…
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Conroy to visit US and India The Minister for Defence Industry and Minister for International Development and the Pacific Pat Conroy will travel to the United States and India this week. In the United States he will hold high-level talks with representatives from the US Administration and Congress to advance the implementation of the pathway…
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By Peter Roberts Perth international shipbuilder Austal has hosed down speculation that it could be involved in merger and acquisition activity or subject to takeover interest following a run on its shares. The Perth company’s shares closed on the ASX last night at $2.21, having risen steadily from $1.60 in mid-May, a rise of more…
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The Australian manufacturing landscape is littered with the remnants of once-great manufacturers that abandoned local manufacturing and took to importing. To finance types no doubt this offshoring path seemed like a good idea at the time, but in practice these companies have mostly gradually faded from view. One such manufacturing icon – and here icon…
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The new kid on the rare earths block Arafura Rare Earths is underway with early works construction at its Nolans rare earths project, 135 kilometres from Alice Springs in the Northern Territory. According to a recent update, Arafura is advancing enabling works and equipment procurement including sulphanation bake and cooler units, funded by its successful…
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Edge computer manufacturer Spiral Blue has announced what it calls a major breakthrough in the field of space-based Earth observation (EO). The company released operational data from successfully running proprietary artificial intelligence (AI) algorithms in space, ‘opening up new horizons for AI-powered advancements in monitoring and understanding our planet’. This comes after making history in…
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Saunders International has announced it has won a $42 million engineering, procurement and construction (EPC) contract with bp on tank refurbishment and modification services. According to a statement by the engineering and construction company to the ASX on Monday, the contract is part of bp’s Kwinana Renewable Fuels project, and has a scope involving 25…
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South Australian-based packaging specialist Detmold Group has released a list of “six positive impact targets” as part of its sustainability objectives, and will begin including them in their end of year report this calendar year. In a statement making World Environment Day on Monday, Detmold said it aimed to meet these targets by 2025: •…
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