Industry minister Ed Husic has given more details of the operations of the government’s proposed National Reconstruction Fund and the reasons behind the fund which the government took to the recent federal election. Speaking at the UBS Australasia conference, Husic said the pandemic exposed serious deficiencies in Australia’s economy, bringing to light the fact that…
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Quickstep business update shows strong recovery from FY22 Advanced composites manufacturer Quickstep has updated its business outlook and for the first time talked on expansion plans in the United States. The Sydney company told investors it expected FY23 revenue to be $100 million, up 15 per cent on the previous year – 94 percent of…
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Australia’s first renewable hydrogen microgrid has been launched in Denham, Western Australia where it will produce renewable energy that could power 100 households, or 20 per cent of Denham’s residents and businesses. Delivered by Horizon Power and Hybrid Systems Australia, the project is expected to offset 140,000 litres of diesel fuel each year, and is…
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Fertiliser and explosives group Incitec Pivot is weighing up the sale of its Waggaman, Louisana ammonia plant which has experienced a litany of breakdowns and outages caused by bad weather. The Melbourne company told investors it had received a number of unsolicited approaches for the potential acquisition of the $850 million plant which it took…
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We sometimes speak to startups and even established companies who are pleasantly surprised by what can get made in-country, if you know where to look. While this website celebrates just about every company manufacturing in Australia, we acknowledge that production for a long list of things — as our current semiconductor series is detailing, or…
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The CSIRO Board today announced that CSIRO’s Chief Executive Dr Larry Marshall will complete his third and final term in June 2023. Dr Marshall has led CSIRO since 2015, making him the agency’s longest serving chief executive in the past 50 years. The Minister for Industry and Science Ed Husic MP, thanked Dr Marshall for…
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Western Australian lithium producer Pilbara Minerals has secured a 10-year debt facility from the federal government to support the expansion of its Pilgangoora operation (pictured) underpinning its moves further down the battery materials supply chain. The facility, provided through the Export Finance Australia (EFA) and Northern Australia Infrastructure Facility (NAIF) agencies, will support construction of…
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Monash University team enters artificial heart competition A team of Monash University biomedical engineering students has launched Heart Hackathon, a global artificial heart competition. According to a statement from Monash, the team is harnessing the greatest emerging minds in biotech innovation to design and commercialise a robotic heart that will help the 64 million people…
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In the second day of our Australia’s place in the semiconductor world editorial series, Glenn Downey and Steven Duvall provide part two of their four-part feature. Here is a look at what certain nations are doing to respond to the challenges of the era. 1) Introduction The article continues our four-part series on semiconductors and their…
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Acting Prime Minister and defence minister Richard Marles has committed the government to more effectively draw on domestic as well as international industry to sustain Australia’s defence capabilities. Addressing the Sydney Institute, Marles said industry was part of strengthening the lethality, resilience and readiness of the Australian Defence Force. Marles said: “The war in Ukraine…
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