By Peter Roberts There is a huge amount of hype around new energy sources to replace fossil fuels and none more so than the phenomenon of small modular nuclear reactors (SMR). But the hype remains just that according to the latest GenCost 2022–23 study released today by CSIRO and Australian Energy Market Operator. While SMRs…
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Radiopharmaceutical producer Cyclopharm has announced record sales revenue for 1H FY23 of $15.3 million, up 39 percent on the previous corresponding period. Sales of its Technegas product were steady on the previous corresponding period, with third party distribution sales up 116 percent on the PCP to $7.7 million. For the first time third party sales…
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Battery materials producer Talga Group has announced that environmental permits allowing the company to construct a battery anode plant at Lulea in Sweden are now in force. No appeals were submitted against the permit being issued, and with a Certificate of Finalitity now issued by the Swedish Land and Environment Court, this completes the statutory…
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The Hallett Group has doubled down on its commitment to decarbonise its cement production with the signing of an agreement which will see two Korean companies build an electrolyser at its cement facility at Port Augusta in the mid-north of South Australia. Hallett signed a Statement of Cooperation with the South Australian Government, Elecseed and…
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Green hydrogen producer Countrywide Hydrogen has revealed its hydrogen retailing strategy and launched its vehicle refuelling brand H2Co Energy. Countrywide, a subsidiary of listed green energy developer ReNu Energy, has previously announced its engineering supplier, Wood, had selected contractors and suppliers for its Tasmanian green hydrogen and green energy projects, ahead of a final investment…
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Australia and New Zealand metals distributor and processor Vulcan Steel has further pared back its full year earnings forecast following higher than expected costs for the integration of the Ullrich aluminium businesses. The Australian and NZ listed company said EBITDA for the 12 months to June 2023 would be between NZ$205 to $209 million, down…
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Resources giant BHP, Monash University and steelmaker China Baowu have announced that they have formed a new Industry Knowledge Centre, with its initial phase including piloting and plant-scale trials of potential carbon abatement technology for steel production. In a statement from BHP on Monday, it said it would provide $US 8 million over three years…
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Atomo Diagnostics to raise cash for HIV test marketing Rapid HIV test manufacturer Atomo Diagnostics will raise capital through a share purchase plan aiming to raise $2.75 million. This follows Atomo receiving commitments of $1.25 million via a share placement at $0.036 per share. The company, which is commercialising a handheld self-test device, is ensured…
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Drone detection and countermeasure manufacturer DroneShield has been awarded a massive $33 million order from a US government agency. The order, for equipment and the provision of multi-year services, is the largest ever received by the company which operates a factory in Sydney. In line with company practice, the company did not name the customer.…
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The CSIRO is opening another round of its free, ten-week Innovate to Grow program, this time for SMEs working on the issue of plastic waste. Applications are being accepted until August 14 for the round, with a cohort of up to 20 companies to commence the part-time course on September 7. It aims to assist…
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