Brisbane medical software and hardware group ImpediMed (ASX:IPD) recorded total revenue for the second quarter of the financial year of $1.5 million, up 63 per cent on the previous corresponding period. The company is on track to achieve full year sales of more than $7 million, according to a market update. The company’s devices and…
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Another circular economy initiative has been announced by a large Australian business, this time by Woolworths Group (ASX:WOW), which will use overripe bananas in bread.
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Lithium chemicals company Lepidico (ASX: LPD) has successfully produced lithium hydroxide monohydrate (LOH) suitable for battery production from its Perth pilot plant operation (pictured). The results were achieved in a batch trial of Lepidico’s proprietary LOH-Max process, with impurity levels comparable to lithium produced using conventional methods. Purities of greater than 56.5 per cent LOH…
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Perth international shipbuilder Austal (ASX: ASB) has won a $15.5 million contract to build a 41 metre high-speed catamaran ferry for STGM Mauritius. The vessel will be built at the company’s leased shipyard Austal Vietnam which is completing the construction of a 94 metre ferry for a customer in Trinidad and Tobago. Austal builds aluminium…
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Research by Western Sydney University and the University of Newcastle, studying ten companies within the state, has considered the future of manufacturing and its role in addressing “challenges of growing inequality, social exclusion and environmental degradation.”
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Canberra and Adelaide defence equipment supplier XTEK (ASX: XTEK) will launch three new products at Shot Show, the world’s largest shooting and hunting outdoor show to be held in Las Vegas later this month. The producer of ballistic products, unmanned aerial vehicles and advanced composites will launch new soft body armour designed for female users…
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Two WA companies, First Graphene (ASX: FGR) and boot-maker Steel Blue, announced a 24-month supply agreement, with graphene additives to enhance an upcoming release of safety boots. This nanomaterial will be incorporated in boot components, including a thermoplastic polyurethane (TPU) sole. Graphene is a single layer of hexagonally-arranged carbon atoms, first successfully created in…
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Pact Group (ASX:PGH) announced on Tuesday that it had appointed Citigroup to oversee the sale of its contract manufacturing division, which is worth an estimated $200 million.
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Chemicals and explosives group Orica (ASX: ORI) has released its new blast design and modelling software for underground and complex mining applications, SHOTPlus Underground, following extensive testing. The launch by the world’s largest manufacturer of commercial explosives complements its established SHOTPlus drill and blast software solution. Orica Global Digital Products Senior Manager, Angelo Labriola said…
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Australia’s two dozen would be cannabis product manufacturers continue to score goals in the young market, with two producers announcing major milestones on the same day. Medicinal cannabis producer THC Global (ASX: THC) has received Therapeutic Goods Administration approval for its Southport manufacturing facility which has harvested its first cannabis crop and begun manufacturing operations.…
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