Avenira raises $5 million, with $2 million strategic investment from China’s Hebang

ASX-listed phosphate chemicals producer Avenira has announced the raise of approximately $4.8 million before costs through a placement of new, fully-paid ordinary shares. Avenira is developing a phosphate mine at Wonarah in the Northern Territory and a lithium ferro phosphate (LFP) battery cathode materials plant at Darwin’s Middle Arm precinct In a statement on Wednesday,…

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Livestock equipment maker expects to hire another six through automation

Leicht’s CIA, a Toowoomba-based manufacturer of livestock equipment, is investing in robotic welding and other technology with assistance from a Rural Economic Development Grant from the state government. Managing Director Mark Leicht said the company was implementing laser cutting and an automated welding robot to increase efficiency.  “Some of the equipment we will make with…

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Carbon Revolution wins new wheel contract – but where will they be made

By Peter Roberts Carbon fibre road wheel manufacturer Carbon Revolution‘s birthplace of Geelong, Victoria, or perhaps Mexico will manufacture a new wheel to be produced in a deal announced by the newly minted American-listed Carbon Revolution PLC. The company said it has been awarded a wheel development programme by a premium brand of a major…

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