Lithium Australia closer to value-adding metals

Lithium Australia (ASX: LIT) has announced progress on a number of fronts in its strategy of developing value-adding businesses in the fast-growing lithium metal space. The company detailed significant progress in its technologies to produce lithium chemicals, produce lithium cathode powder, make lithium-ion batteries and in battery recycling. The company is also evaluating several potential…

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Australia should reserve not import gas to lower prices, argues report

A report by the Institute for Energy Economics and Financial Analysis release this week argues that Australian gas producers are behaving like a cartel, and that a domestic gas reservation should be implemented to fix prices at $5 per gigajoule. The philanthropically-funded international organisation argues that gas prices – which are tied to electricity prices…

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Star Combo Pharma pays $60 million for Bio-E

Vitamin manufacturer Star Combo Pharma (ASX: S66) has outlaid $60 million to buy natural health, food and beauty business, Bio-E. Bio-E is a highly profitable marketer however it does not have the manufacturing footprint of Star Combo. The companies have “complementary skill sets (through) combining Star Combo’s R&D and manufacturing capabilities with Bio-E’s marketing and…

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Teamwork leads to thermal signature defence solution

By Jessica Mascione A partnership between three Australian advanced manufacturing SMEs is helping deliver training targets equipped with controlled thermal signatures to the Australian Defence Force. A world-first in commercial viability and agility, and a new capability for the Australian Government, the product enables army personnel to successfully engage practice targets using remote SMArt155 Precision…

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