Gas now flowing from Project Atlas
Gas is now flowing from Senex’s Project Atlas in the Surat Basin, with the state’s resources council saying it will drive down elevated prices and protect Queensland manufacturing jobs.
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Aristocrat hits the jackpot in stellar year
Few manufacturing companies can hope to grow revenues and profits by more than 20 per cent a year but this is the winning hand that is held by Sydney’s Aristocrat Leisure (ASX: ALL). One of the world’s largest manufacturers of gaming machines, and an emerging power in online and digital gaming, Aristocrat recently announced results…
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Lithium Australia and Novonix both announce battery material progress
Lithium processing technology group Lithium Australia (ASX: LIT) and battery materials group Novonix (ASX: NVX) have announced separate advances in battery materials and lithium ion battery manufacture. Novonix announced it has sold 500 tonnes of lithium-ion battery anode material to Samsung, while Lithium Australia announced a new battery venture to evaluate local manufacture. Novonix will…
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Admedus sales win for cardio products
Cardiac surgery product developer Admedus (ASX: AHZ) has announced a major order of its cardiac repair devices to its US-based distributor. The Queensland-based company sold 12,500 CardioCel and VascuCel patches to LeMaitre Vascular Inc for the year ahead, a figure which exceeds global sales for the products over the past year. CardioCel and VascuCel patches…
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Lynas to build rare earths processing plant at Kalgoorlie, hire 200
Lynas announced on Monday that it will build a rare earths processing plant at Kalgoorlie, expected to be complete by late-2022 or early the following year.
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Carbon Revolution surges on debut
Carbon fibre road wheel manufacturer Carbon Revolution (ASX:CBR) made a spectacular debut on the stock exchange after raising $90.1 million and listing on the ASX. The Geelong company’s $2.60 shares soared immediately reaching as high as $3.81, before closing at $3.55 with a market capitalisation of $450 million. The stunning debut caps off the company’s…
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Manufacturing news briefs – stories you might have missed
CUB buys Balter Beer Carlton & United Breweries (CUB) has bought Gold Coast craft brewer, Balter Brewing Company for a confidential sum. Founded in 2016 by a group of friends including international surfer Mick Fanning, the brand joins other craft brews 4Pines and Pirate Life in the CUB stable. CUB is owned by Anheuser-Busch InBev.…
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Can you take Australian waste, turn it into a product, and sell it to the world’s richest nation?
A little over a week ago, a Queensland-based company announced a deal with an unnamed North American giant for countless units of a product you’ve probably seen at your local Bunnings.
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Maths report card brings Aussie white trash closer to reality
Comment by Peter Roberts It wasn’t so long ago that then senior Singaporean politician Lee Kuan Yew offended Australians when he called us the white trash of Asia. Working in Singapore at the time I had a first hand view, and a rather low opinion, of the products of Singapore’s rote-learning early school education. I…
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Ecocentric raises funds and prepares for ioT takeoff
Energy systems monitoring company Ecocentric is preparing to manufacture its Numen device that connects a building’s sensors and electrical equipment with the cloud after a novel fundraising effort. The Perth company has just completed an equity crowdfunding campaign which has netted $400,000 from 150 small investors, according to reports. This matches $3.2 million raised through…
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