The Victorian government has announced $10 million in grants for SMEs to assist them in joining the supply chain for the $1 billion LAND 8116 Self Propelled Howitzer program. According to a statement from the state government on Thursday, the funding would involve grants of up to $100,000 for companies “to improve their capability” through…
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While manufacturers are investing to increase legal production of medicinal cannabis products, most Australians are still self-medicating with illicit cannabis, according to a study by the University of Sydney’s Lambert Initiative. The third Cannabis as Medicine Survey (CAMS20) did find, however that numbers accessing prescription products have risen dramatically. The study of 1,600 people using…
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The Australian Renewable Energy Agency (ARENA) has announced $838,000 in funding to Hardwick Processors to install a 1 MW (thermal) demonstration scale heat pump at its meat processing plant in Kyneton, Victoria. The heat pump will enable the site to produce enough hot water to operate at levels to improve product shelf life and access…
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Crop nutrition business Yara Australia has announced that it will sell its Yara Nipro liquid fertiliser business to Incitec Pivot Fertilisers. Subject to ACCC approval, the transaction is expected to be complete later this year. It will include production plants at Moree and Griffith (both in NSW) and Boundary Bend (in Victoria) and distribution and…
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Maggie Beer achieved close to $100 million in sales for the year ended June 30 as its e-commerce and Hampers & Gifts Australia powered its latest results. The Tanunda, Barossa Valley company, which is divesting itself of its two dairy company assets which underperform the Maggie Beer brand, reported $10.3 million in trading EBITDA on…
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Recycling technology company Mint Innovation will open its first large-scale biorefinery in Sydney today, able to recover metals such as gold, copper and palladium from e-waste. New Zealand’s The National Business Review reports that the factory would be the world’s first e-waste biorefinery, and will sustainably recycle used metals back into local economies. “Mint have…
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FYI Resources has appointed an engineering services contract for the high purity alumina (HPA) demonstration plant it is developing in Western Australia with its partner, Alcoa. The company has appointed Hatch Engineering as an engineering services provider to support work on studies for the demonstration plant, which follows the successful operation of a pilot plant…
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XTEK’s HighCom Armor subsidiary has dispatched the fifth tranche of a major order, worth $US 33.21 and announced on May 27, for specialist armour products
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An Internet-of-Things (IoT) and low-cost satellite telecommunications system developed by Adelaide’s Myriota has won the Environment and Sustainability award from the Asia Pacific Spatial Excellence Awards. The company and its partners NGIS, FrontierSI and the South Australian Department for Environment and Water, developed the system that improves groundwater bore monitoring and management, dramatically increasing understanding…
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The FY22 yearly results for building products group Boral make clear the massive size of the haircut the company suffered through its fumbled foray into the United States market. The company reported total revenue in FY22 was 26.9 percent below the previous financial year’s $5.3 billion at $3.908 billion. It included revenues from now discontinued…
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