The federal government’s Mandatory Gas Code of Conduct is now law, with the government aiming for the code to secure more gas at more reasonable prices for Australian gas users. The government said in a statement that the code would ensure Australian gas is available for Australian users at reasonable prices, give producers the certainty…
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Pharmaceutical manufacturer IDT Australia is seeing a surge in sales as demand for medical cannabis products rises and companies seek out more capable contract development and manufacturing organisations (CDMO). The Melbourne company told investors that revenues increased for the fourth quarter, with 4QFY23 revenue up 200 percent on the previous corresponding period to $2.4 million.…
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Hanwha tests Huntsman using ADF ammunition Hanwha Defense Australia (HDA) has completed the first stage of LAND 8116 Protected Mobile Fires (PMF) Ordnance Integration Testing utilising Australian Defence Force ammunition (pictured). Using a K9A1 Test Platform and 155mm rounds from two different families of munitions, the testing activity wrapped up in mid-June at the Anheung…
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Quickstep Holdings has announced a strategic Memorandum of Understanding with Alliance Aviation Services, with “significant” scope for support of the charter flight provider’s Embraer E190 aircraft fleet. According to a statement from Quickstep on Monday, the MoU opens a period of detailed negotiation and seeks to provide “a unique component repair capability to the Alliance…
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Support for 32 projects under the National Industry PhD Program has been announced, with $5 million awarded to industry-based projects in materials engineering, biomedical engineering and other research fields. According to assistant education minister Anthony Chisholm, who announced the funded projects on Monday, these would “enhance the world-class research being undertaken” in universities as well…
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The Prime Minister Anthony Albanese has confirmed that Australia will export 100 Boxer armoured fighting vehicles to Germany, according to reports. The value to the economy is more than $1 billion, making it one of the largest defence export deals in history. The vehicles, to be manufactured by Rheinmetall Defence Australia at its Military Vehicle…
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By Peter Roberts Defence, space and communications manufacturer Electro Optic Systems has beefed up its finances achieving a net cash balance of $42.2 million as at June 30 as it expands to cater for a raft of major new orders. On 30 June the Canberra company received a $17.2 million tax refund from the federal…
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Altech Batteries is rapidly progressing plans to manufacture in Germany its CERENERGY battery developed in joint venture with Germany’s Fraunhofer IKTS institute. Key workshops were held in May at the Fraunhofer ceramics research institute facilities in Dresden to finalise the plant’s design and select key suppliers. Altech Managing Director Iggy Tan said: “The level of…
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What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Fortescue progresses plans for Marsden Point green aviation fuel factory Channel Infrastructure and Fortescue Future Industries announced their investigation into a green hydrogen manufacturing facility at Marsden Point for synthetic Sustainable Aviation Fuel (eSAF) has progressed, with…
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A new $3 million collaborative research programme between the Queensland and German governments is building on German interest and investments in Australian green industrial projects, The programme is Queensland’s first joint initiative with Germany on bioeconomy research and development, and is seen as a key action under a Joint Declaration of Intent for Cooperation in…
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