GME acquires Eylex for undisclosed amount

Radio frequency communications specialist GME has announced its acquisition of defence electronics company Eylex. In a statement on Wednesday, GME said the acquisition represented “full ownership and management control” of Eylex, and will boost its “innovation opportunities and assist in its ongoing diversification efforts” within the “defence, security and resilience sectors”.  The value of the…

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Rio Tinto signs on for two new projects expected to take Boyne aluminium smelter to 80 per cent renewables

Metals company Rio Tinto and renewable energy generation and storage provider Edify Energy have agreed to two deals aimed at increasing supply of “reliable, competitively priced electricity” to Rio’s Gladstone aluminium operations. According to a statement from Rio on Thursday, the solar and battery hybrid services agreements (HSAs) cover purchase of 90 per cent of…

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With Australian steel and aluminium set to incur US tariffs, global uncertainty will be our next challenge

By Lisa Toohey, UNSW Sydney “Unjustified” and “not the way that friends and allies should be treated”. That’s how Prime Minister Anthony Albanese and Foreign Minister Penny Wong have described the latest shot in United States President Trump’s trade war. Effective today, there is a 25% tariff on all imports of steel and aluminium into…

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First-of-its-kind green hydrogen facility begins construction in South Australia

Sparc Technologies commenced construction of a revolutionary green hydrogen pilot plant in South Australia on Tuesday, marking a significant milestone for next-generation hydrogen production technology. The facility, located at the University of Adelaide’s Roseworthy Campus, will employ photocatalytic water splitting (PWS) technology that produces hydrogen directly from water using only sunlight and a photocatalyst material…

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Health sensor company WearOptimo announces expert advisory board

WearOptimo, a Brisbane heath technology company commercialising sticker-like sensors for monitoring biosignals, has announced its Advisory Board, made up of experts in biotechnology, healthcare, regulatory affairs, and venture investment. In a statement on Tuesday, the company said the six-member board was part of ambitions around its “Microwearable” hydration sensors and United States launch. The initial…

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