Critical minerals developer FYI Resources has moved into the rare earths processing business with the execution of an agreement for the staged acquisition of Minhub Operations Pty Ltd (MOPL). MOPL plans to provide rare earths processing solutions to suppliers of rare earths rich mineral sands via offtake of concentrates, including from the Gippsland and Murray…
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By Peter Roberts Much of the federal government’s 2023 budget has been leaked in advance, but Treasurer Jim Chalmers held back a few morsels including good news for the Industry Growth Centres in his official budget speech delivered in Canberra tonight. In a budget the government characterised as prudent – it predicts a rare surplus…
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A vigorous campaigner for truly sovereign, Australian defence SMEs, Nova Systems Chief Executive Officer Jim McDowell, is to leave his job for a new role with the Department of Defence that will help shape the future of industry. McDowell will leave the largely consulting services company to take up the appointment of Deputy Secretary Naval…
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For the latest nominee profile in our Australia’s 50 most innovative manufacturers campaign, we look at XFrame, a New Zealand-born company with a Meccano-like approach to construction. Brent Balinski spoke to the company’s CFO Simon McKean about building industry circularity. The amount of material used and created by the construction and demolition sector is huge:…
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A second new drug from biotechnology company Immuron is to undergo human trials in the United States following a decision by the Food and Drug Administration that allows trials to proceed. The Melbourne company told investors the US Naval Medical Research Centre (NMRC) had received approval to trial the drug targeting Campylobacter and Enterotoxigenic Escherichia…
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The government should prioritise building sovereign capability, argues Martin Ripple ahead of Tuesday night’s federal budget. As we are awaiting the budget announcement, it is crucial that the federal government addresses the issue of sovereign capability in the country’s manufacturing industry. Australia has the highest dependency on manufactured imports and the lowest level of manufacturing…
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@AuManufactruring’s sponsored series reporting BAE Systems Australia’s Partnering for success defence industry supplier event, concludes today, with a focus on cyber security. By Nicholas Way The tragic war in Ukraine has been a catalyst for serious investment in cybersecurity by defence organisations globally, and Australia is no exception. That’s the view of Tony Howell, Global…
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Start up business Sicona Battery Technologies has purchased a world-first, scalable, edge-functionalised graphene production method from researchers at the ARC Centre of Excellence for Electromaterials and ANFF-Materials. As part of the deal, Sicona signed a two-year research agreement with Australian National Fabrication Facility (ANFF) researchers to scale up the EFG fabrication process for commercial production…
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Support for university-industry research continued on Monday, with $27 million in funding across eight Industry Laureate Fellowships announced. Following Friday’s awarding support for 50 projects in a new round of the Australian Research Council’s Early Career Industry Fellowships, the ARC announced the 2023 Industry Laureate Fellows. “Complementing the early and mid-career Industry Fellowship schemes, these…
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Kinaltek, a Western Sydney-based company developing a new technology for production of metallic materials, has announced successful completion of a $15 million Series A round. In a short statement on Monday that shared nothing about who its investors are, Kinaltek said that the news represented a “significant milestone” and would be used “to propel us…
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