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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The Northern Territory government has put out an invitation to nominate for the 30th Chief Ministers NT Export Awards 2023. The export awards are coordinated by the Chamber of Commerce NT, with support from Austrade and the Department of Industry, Tourism and Trade. According to a statement from the territory government on Monday, the awards…
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Critical minerals producer Lynas Rare Earths has received an extension to its operating licence for its metals manufacturing plant in Malaysia – but only until 1 January, 2024. Announced by Malaysia’s Ministry of Science, Technology and Innovation, the reprieve means the company will now be able to continue to import lanthanide concentrate from Australia Lynas…
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The federal government will establish two new agencies to oversee the acquisition of nuclear powered submarines and to regulate the safety of the vessels and their reactors. The Australian Submarine Agency (ASA) will be established by Executive Order and be responsible and accountable for the management and oversight of Australia’s nuclear-powered submarine programme. The Nuclear-Powered…
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The Minister for Defence Industry Pat Conroy will move ‘very shortly’ to action plans to cut back on Army purchases of infantry fighting vehicles (IFV) as foreshadowed in the government’s response to the Defence Strategic Review. The review, which emphasised long-range strike capabilities and naval reform over the land army, called for the Land 400…
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Our sponsored series reporting on BAE Systems Australia’s Partnering for success defence industry supplier event continues with a look at additive manufacturer Titomic’s work in defence. Brent Balinski speaks to the company’s Dominic Parsonson about the potential in lightweighting and supply chain optimisation. Titomic’s story will be well known to many of this website’s readers,…
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What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) VISY ACQUIRES ZENEXUS FOR UNDISCLOSED SUM Packaging and recycling company Visy announced on Monday that it has acquired privately-owned hardware and storage products supplier Zenexus. The amount paid for Zenexus was not given, but Visy said it…
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Reused food waste for farming gets support The federal and Western Australian governments have co-invested $11.25 million in three organic recycling infrastructure projects that will divert up to 275,000 tonnes of Western Australia’s food organic and garden organic (FOGO) waste from landfill each year and convert it into compost. The new facilities are located to…
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Fifty projects have been funded through a new round of the Australian Research Council’s Early Career Industry Fellowships, announced on Friday, with nine of them classified by ANZSIC code as manufacturing. By successful applications, engineering led the research field category with 20; followed by agricultural, veterinary and food sciences (six); chemical sciences (four) and environmental sciences…
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The federal government has appointed the head of the Guided Weapons and Explosive Ordnance (GWEO) Enterprise who will be responsible for accelerating the establishment of a local long-range guided weapons and munitions manufacturing industry in Australia. The Defence Strategic Review recommended the appointment of a Senior Officer with the sole responsibility of leading the GWEO…
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