Critical mineral nickel slump spurs government action

A slump in prices for the critical mineral nickel – used in battery manufacture – has brought action from the federal and Western Australian governments. In the past few days federal Resources Minister Madeleine King placed nickel on the Critical Minerals List, giving nickel companies opportunity to access billions of dollars in Commonwealth funding. And…

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Singaporean rockets set for Arnhem space port launch

Spaceport operator and launch technology infrastructure company, Equatorial Launch Australia (ELA) has announced the signing of a Memorandum of Understanding (MOU) with Singaporean rocket company Equatorial Space Systems (ESS) to launch Dorado suborbital rockets at the Arnhem Space Centre. ESS has plans for rockets including orbital rockets and the MOU paves the way for a…

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Carbon Revolution sales up, US listed shares down

By Peter Roberts Australian-born, US based automotive wheel manufacturer Carbon Revolution has announced preliminary sales for the fiscal second-quarter ending December 2023 of a record US$14.8 million, exceeding previously announced guidance for the quarter of US$14.0M-US$14.5M. For the year ended December 31, 2023, revenue increased 42 percent to US$40.3 million. CEO of Carbon Revolution Jake…

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Powering Australia industry growth centre announced

The federal government has awarded $14 million to Powering Australia Limited to establish the Powering Australia Industry Growth Centre to help Australian businesses manufacture renewable energy technologies. The Centre which stems from the Energy Storage CRC and Curtin University will fund activities and provide services to: help commercialise locally manufactured renewable energy technologies and ideas…

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BluGlass teams up with Applied Energetics 

ASX-listed compound semiconductor developer BluGlass has signed a Memorandum of Understanding (MOU) with US defence and dual-use photonics company, Applied Energetics, with the two companies to work together on military and commercial applications.  In a statement on Friday, BluGlass said the work would leverage its high-performance gallium nitride (GaN) distributed feedback (DFB) lasers “in Applied…

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