Australia’s biggest producer of rare earths Lynas rare earths has reported record sales revenue of $327.2 million in the quarter to March 31 as the company benefitted from high prices and recovered from Covid related production interruptions. Both its Western Australian mine and Malaysian rare earths production facility increased production in the quarter and sales…
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Australian companies SPEE3D and Garry Rogers Motorsport teamed up for a demonstration of additively manufactured metal parts, printed on demand, at last weekend’s Formula 1 Grand Prix event at Melbourne. According to SPEE3D, which makes robot cells for rapidly-printed parts using “cold spray” processes, it was able to print “dozens” of metal auto parts at…
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Roadway signage and IoT traffic systems company Traffic Technologies will provide software and hardware systems to boost the efficiency of traffic management at the FIFA World Cup Qatar 2022. It will supply its Smart City traffic controllers and software for Qatar’s road network. The FIFA World Cup runs from November 21 to December 18, and…
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RPFC acquires pet supplement startup Real Pet Food Company (RPFC) has announced the acquisition of pet supplement business People for Pets, which was founded in 2021 and “built by a team of former Blackmores and P&G executives.” RPFC is investing alongside founder/shareholder/employee Gabriel Perera, who said, “This is an exciting partnership for People for Pets…
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Let’s take a look at the current state of the NBN, and what the major political parties have announced in the lead up to the next federal election.
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CST Composites has announced a joint venture with US company Optimum Composite Technologies, which the Australian company says positions it to be “a leading player in the global green hydrogen supply chain”.
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Last week wireless 5G innovator milliBeam came out of stealth mode, announcing its intention to make new hires and to establish a design centre by the year’s end. Brent Balinski spoke to CEO and founder Dr Venkata Gutta about the company’s origins and how it intends to overcome challenges around a small local ecosystem for…
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Automotive company Porsche AG has bought into HIF Global which has ambitious plans to manufacture carbon neutral liquid auto fuels in Australia, the United States and Chile. The company, which is building the Haru Oni eFuels pilot plant in Chile (pictured), raised US$260 million in equity to fund the global expansion of its business to…
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ARENA offers cash for low cost solar The Australian Renewable Energy Agency is allocating up to $40 million to support the research and commercialisation of Ultra Low Cost Solar PV (ULCS) technologies. “We are seeking proposals for Research & Development (R&D) projects to accelerate cost reductions and help meet the Australian Government’s solar stretch goal.…
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By Peter Roberts I have lost count how many from prime minister’s down have claimed to be working to make Australia a clever country, a maker of innovative things. Well guess what, it has all been hot air and good intentions – we have become less innovative year on year throughout the duration of this…
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