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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New national robotics strategy expected for 2023 Federal industry minister Ed Husic has told an interviewer that Australia currently “[doesn’t] have a game plan on robotics whatsoever”, and that a national strategy is expected to be developed by the end of March next year. The Australian Financial Review reported on Tuesday that no decision has…
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Bone reconstruction technology company Osteopore is heading for the China market, signing a distribution agreement with Kontour (Xi’an) Medical Technology Co. Ltd to market and sell its products within the People’s Republic. Kontour is listed on the Shanghai stock exchange and is a leading manufacturer and distributor of surgical supplies across mainland China. It manufactures…
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Austin Engineering will expand its range of mining excavator buckets, purchasing the business of Mainetec for upwards of $19.6 million, funded through existing debt facilities. Mainetec designs, builds and refurbishes mine buckets including the Hulk bucket range (pictured), and has significant overseas markets in the Americas which complement Austin’s own. It also manufactures rope shovels…
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Industrial gases company BOC has announced that it will build a new carbon dioxide processing plant in the Victorian town of Longford, with capacity of more than 60,000 tonnes annually and expected to be operational in 2024. In an announcement on Tuesday, BOC – owned by the Linde Group – said the output of beverage-grade…
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GFG Alliance’s mining arm, SIMEC Mining has produced its first high quality GREENSTEEL pellets that will underpin the future of steel production utilising hydrogen rather than coal at GFG’s primary steelworks at Whyalla, South Australia. The pellets were produced from the company’s Duchess South drill core in the Southern Middleback Ranges using innovative technologies proposed…
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In a separate story here, @AuManufacturing reports on the production of the first GREENSTEEL pellets at the Whyalla operations of Sanjeev Gupta’s GFG Alliance. In this video, Gupta explains the current expansion, his ambitions for Whyalla, and the technology that will be used to make green steel using hydrogen rather than coal at Whyalla in…
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The federal government is holding a Jobs and Skills Roundtable for Australian Heavy Industry on Tuesday, ahead of the two-day Jobs and Skills Summit next week. A statement from assistant manufacturing minister Tim Ayres (pictured) this morning said that he anticipated discussing the relevant challenges and opportunities ahead, and the strategies needed to train women…
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In 2021, 4.3 million students were enrolled in nationally recognised VET courses, according to new figures from the National Centre for Vocational Education Research (NCVER). This is the equivalent of 24.0 percent of the Australian resident population aged 15 to 64 years who participated in nationally recognised training in 2021. The figure is also higher…
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Confocal microscopy manufacturer Optiscan Imaging has moved to list its new oral tissue imaging device for sale in the United States. The Mulgrave, Melbourne company announced its submission of its US Food and Drug Administration pre-market notification (510(k)) application for its ultra small InVivage imaging device (pictured). Billed as the next generation, non invasive instantaneous…
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