Andrew Forrest’s Fortescue Metals Group has announced a reorganisation which upgrades its Fortescue Future Industries offshoot within the group, at the same time announcing the appointment of senior global executives and a new executive who will become FFI’s future CEO. The company said the reorganisation would transition the company to a truly global company. In…
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As our world continues to transform, major manufacturing projects – and the professionals who manage them – will be more important than ever. By Ben Breen. Projects have the power to shape a better world – to create new jobs, provide essential infrastructure, enhance education, advance diversity and equality and improve quality of life. Project…
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Bluescope has increased its guidance for earnings before interest, tax for the second half of FY2022 from between $1.2 billion and $1.35 billion to between $1.375 and $1.475 billion, credited to improved performance among its US businesses.
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Monitoring solutions business Monitum has launched a new asset management system, developed in collaboration with Queensland University of Technology geospatial specialists.
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ADVERTISING FEATURE Today we get an update from the series sponsor of our Packaging, process and progress series, SMC Corporation, from the floor of this week’s AUSPACK 2022 expo. SMC Corporation Australia New Zealand demonstrated its latest generation of heavy-duty electric actuators, the LEY100 series, in an interactive and eye-catching demo unit during AUSPACK 2022. The…
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From landfill to useful rail infrastructure The Victorian Government will invest $1.6 million to install a new production line that will process used plastic bags into durable railway sleepers as part of its Recycling Modernisation Fund. The Integrated Recycling facility in Mildura, where Duratrack railway sleepers made from 85 per cent recycled plastic will be…
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A $71 million investment will go ahead to establish a genuinely Australian-owned Satellite Manufacturing Hub in New South Wales. The facility will be Australia’s first commercial hub for larger satellites up to 500kg in weight, able to carry advanced optical instruments, and focused on building Earth observation satellites. A collaborative venture with government and leading…
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Australian Strategic Materials (ASM) which is developing a rare earths mine at Dubbo in New South Wales and value-added metal manufacturing plant in South Korea has moved to a staged investment approach to to match development work underway for the project. The company announced that Korean KCF Energy Co. Ltd (KCF), a company owned by…
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Buoyancy materials producer Matrix Composites & Engineering will establish the first deep water hyperbaric test chamber in Perth for subsea control modules. The chamber, to be an upgrade of Matrix’s existing Subsea Test Facility, will be capable of testing equipment the oil & gas industry. The Western Australian government and industry participants will each contribute…
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Twelve Tasmanian businesses have been awarded a total of $865,000 under the state government’s Advanced Manufacturing Accelerating Growth Grants program.
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