Santos and CSIRO back carbon capture and storage Oil and gas producer Santos has announced a $220 million Moomba, South Australia carbon capture and storage project to store 1.7 million tonnes of carbon dioxide a year from 2024, making it one of the largest in the world with the lowest unit costs, according to the…
Details
Monash University spinout Additive Assurance has announced a partnership with Volkswagen today, beginning with one metal 3D printer at Wolfsburg being decked out with the Australian partner’s sensors and the two companies working on “a manufacturing system” suited to the German company’s production printers. By Brent Balinski.
Details
By Joseph Brookes The expected surge in sustained demand for critical metals for the electric vehicle revolution may be shorter lived than many are predicting, but repurposing the batteries could transform Australia’s energy grid and economy, according to the national science agency. CSIRO this week released a report modelling various electric vehicle (EV) uptake scenarios with…
Details
Australian hydrogen vehicle developer H2X Global is to manufacture hydrogen fuel cell vehicles in Sarawak, Malaysia. The company, which recently announced plans to convert utility vehicles to hydrogen power in Australia, will initially build fuel cell electric buses for the Sarawak Transport System. The company will also create a training Centre of Excellence to help…
Details
By Giles Parkinson of The Driven Could Australia be one of the next destinations for a Tesla Giga-factory? It is an idea raised in a recent piece of analysis by Morgan Stanley analysts, citing the growing complexity of doing business in China, including that country’s rising electricity prices. And it turns out that Australian billionaire…
Details
The Australian food industry is an advanced sector with a wide range of competitive advantages. Here Derek Lulham explores our advantages and opportunities in the Australian and global marketplace. Australia continues to be a solid platform to launch brands and products targeted to consumers across Asia. This mature sector has conversations on a broad range…
Details
Two Loyal Wingman aircraft have recently completed flight missions from South Australia’s Woomera Range complex, the Department of Defence and Boeing have said in an update. The Royal Australian Air Force and Boeing Australia are partnered on the Boeing Airpower Teaming System, which also involves over 30 Australian businesses. “We’re in a steady rhythm of…
Details
Hypersonix Launch Systems has announced it is using modelling software from Siemens to design its planned hypersonic launch vehicle, ahead of a minimum viable product of the Delta-Velos craft scheduled to be ready in 23 months.
Details
Building products group Adbri has bolstered its position in Queensland markets, spending $58 million to buy Zanow’s Concrete And Quarries. Zanow’s owns two concrete plants and sand, gravel and hard rock quarries in western Brisbane, and comes with approvals for further expansion. The purchase is being made at an EBITDA multiple of 8.5 times and…
Details
Fortescue Future Industries has continued its recent stream of green hydrogen announcements with the signing of a framework agreement with the Kingdom of Jordan to investigate large-scale production and export.
Details