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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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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As readers of this website will know, nominations closed on Friday for @AuManufacturing’s very first Australia’s 50 most innovative manufacturers campaign. How was the response, you ask? Let us say that we are stunned. Shocked. Unable to stop smiling. Being the first time we have run this campaign, we were of course unsure of what…
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Tech billionaire Mike Cannon-Brookes has prevailed over mining tycoon Andrew Forrest in their battle to control the future direction of the ambitious Sun Cable renewable electricity in the Northern Territory. The two originally shared the same vision for the $30 billion project – the largest investment in revewable energy in the world. It was to…
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AUKUS representatives from Australia, the United Kingdom and United States have observed the successful demonstration of Artificial Intelligence (AI) and Autonomy at the Upavon Airfield in the UK – the first major joint test under the AUKUS pact The technologies, part of the Advanced Capabilities pillar (Pillar II) of the AUKUS pact, were jointly developed…
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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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In the final part in our two week editorial series – Celebrating Australian Made – we profile two venerable agricultural Australian manufacturing brands – Horwood Bagshaw and K-Line Ag. By Nicholas Way.. They might now be part of an international conglomerate, but agricultural machinery manufacturers, Horwood Bagshaw and K-line Ag, remain integral ingredients of the…
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The Executive Chairman of steelmaker GFG Alliance Sanjeev Gupta has urged Australia to forgo the export of green hydrogen in favour of making green iron and steel onshore. The owner of the Whyalla steelworks and distributor Infrabuild told the Australian Hydrogen Conference in Brisbane that Australia had a generational opportunity to lead the global race…
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Marand Precision Engineering and Rheinmetall have announced an extension to their manufacturing partnership worth $50 million. The announcement concerns the Boxer Combat Reconnaissance Vehicle (CRV), which is currently in use with the Australian Defence Force, and assembled near Brisbane. Marand’s work involves manufacture of LANCE digital turrets, hull components and vehicle attachments in Geelong for…
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he Australian Renewable Energy Agency (ARENA) has announced $20 million in funding to Stanwell Corporation to support a front-end engineering and design (FEED) study for a large-scale renewable hydrogen project in Gladstone, Queensland. The $117 million project will finalise the development stage of the Central Queensland Hydrogen (CQ-H2) Project, which will initially involve the installation…
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