REDARC and Fleet Space push frontiers of mining technology

Electronics manufacturer REDARC is teaming up with nanosatellite systems manufacturer Fleet Space Technologies to push the frontiers of mining technology utilising satellite sensing. REDARC will manufacture Fleet Space’s high technology satellite-connected mining exploration products at its Lonsdale, Adelaide facility. The products will be used with Fleet Space’s ExoSphere, a satellite solution for the mineral exploration…

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3 little-known reasons why plastic recycling could actually make things worse

By Pascal Scherrer, Southern Cross University This week in Paris, negotiators from around the world are convening for a United Nations meeting. They will tackle a thorny problem: finding a globally binding solution for plastic pollution. Of the staggering 460 million tonnes of plastic used globally in 2019 alone, much is used only once and…

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Infrabuild to the rescue as loan bolsters GFG Alliance

UK billionaire Sanjeev Gupta has again relied on his successful Australian steel businesses to bolster his GFG Alliance group’s finances, with steel manufacturer and distributor Infrabuild confirming a new secured loan. InfraBuild closed a $537 million (USD350 million) Senior Secured Asset-Backed Term Loan led by funds and accounts managed by BlackRock and Silver Point Finance.…

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Best of the week — the five most popular stories among @AuManufacturing’s readers

What were the five biggest stories of the week? Here’s what visitors to this site were reading. 5) Hydrogen energy company Endua raises $11.8 million Green energy company Endua announced that it has raised $7.5 million in pre-series private funding, with new investors including Queensland Investment Corporation (QIC), Melt Ventures and 77 Partners. The company…

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