Hearing implant manufacturer Cochlear has reported sales revenue up 15 percent to $2.3 billion for FY24, with growth across all business units. Cochlear implant units increased nine percent with strong growth across the developed markets, while services revenue increased 15 percent driven by strong upgrade demand for the Cochlear Nucleus 8 Sound Processor (pictured). Statutory…
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Rio Tinto’s Boyne Island smelter in Queensland will operate into the 2040s following a partnership with the state government that will see the smelter supplied with renewable energy by the state’s government owned generators. The agreement safeguards 1,000 jobs and ensure the continuing manufacture of carbon anodes, aluminium production, and casting of 295,000 tonnes of…
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ASX-listed semiconductor developer and manufacturer BluGlass has announced a one-day Semiconductor Australia Conference 2024 in October. In a statement on Thursday, Bluglass said it has partnered with the Semiconductor Sector Service Bureau (S3B), and ShareCafe on the event, to be held at Deloitte’s premises in Sydney’s Quay Quarter Tower on October 24.. It will feature…
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Australian businesses could access world-leading battery manufacturing scale-up facilities following an agreement between Powering Australia and the UK Battery Industrialisation Centre (UKBIC). UKBIC is a $250 million battery manufacturing scale-up facility based in Coventry, UK, while Powering Australia is the team behind the Future Battery Industries Cooperative Research Centre. Powering Australia was allocated $20.3 million…
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Additive manufacturing technology company Amaero International has revealed that its capital expenditures over the 3-year period of FY2024-FY2026 was $71.3 million. The company also said that capital expenditure for FY2024 was $11.2 million, compared to earlier estimates of $18.6 million, with $7.4 million of capital expenditures budgeted for the year deferred to FY2025. Amaero did…
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A major report marking the 40th anniversary of the founding of the Industry Capability Network (ICN) has highlighted the massive benefits of the organisation which links 100,000 Australian suppliers to proponents of major infrastructure and other projects. The report, Industry Capability Network. Past, Present and Future by the University of Sydney’s Phillip Toner and UTS…
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A device developed by Defence, originally for laboratory tests and investigated for early warning of chemical threats on the battlefield, was used in a pilot test by the federal department of agriculture this year. According to a statement on Wednesday from Defence, the MIST sensor is thumb-sized, low-cost, low-weight and simple to use, with no…
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Robotic technology company FBR has received confirmation from CRH Ventures that the first next-generation Hadrian X block laying robot has successfully met their requirements and has completed Site Acceptance Testing at its Fort Myers facility in Florida, United States. An independent structural engineer provided confirmation that the walls of the test build were consistent with…
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Four key skills challenges face a manufacturing sector already worth $124 billion a year and set to grow again, according to the 2024 Manufacturing Workforce Plan released today by the Manufacturing Industry Skills Alliance Job and Skills Council. The Manufacturing Alliance projected employment growth equivalent to around 120,000 additional workers, up 16.8 percent from today,…
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The head of education at The Australian Industry Group and a national leader at the Electrical Trades Union have been appointed as Deputy Commissioners at the federal government’s Jobs and Skills Australia (JSA) The Ai Group’s Executive Director – Centre for Education & Training. Megan Lilly (pictured), and the ETU’s National Assistant Secretary Trevor Gauld…
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