CEA Technologies and Austal to boost defence exports

Canberra’s CEA Technologies and Perth’s Austal (ASX: ASB) are the first manufacturers to receive federal government loans from the Export Finance and Insurance Corporation (EFIC) to boost Australian defence exports. A loan of $90 million has been made to CEA to help build a new manufacturing plant to build its CEAFAR phased array radars in…

Impression Healthcare wins right to sell medical cannabis products

Local manufacturer Impression Healthcare (ASX: IHL) has received the required licenses to allow it to make and sell medical cannabis products in Australia. The company announced today it had received licenses from the Victorian Department of Health to sell products containing four scheduled cannabinoid substances. The approvals cover cannabis, cannabidiol (CBD), tetrahydrocannabinols (THC) and dronabinol.…

Titomic makes waves in titanium process and product markets

Additive manufacturing technology company Titomic (ASX: TTT) has inked three agreements with Chinese entities that further its development of 3D printing machines and products based on titanium metal powders. The Melbourne company released three statements to investors over Christmas that secure its supply of titanium metal powders, deepen its R&D relationships and provide a path…

Energy metals boom challenges Australia to add value

Today’s inforgarphic, from Visual Capitalist, throws down the challenge to Australia for the 21st Century. Will we ride this new bull wave for metals needed in the new economy simply by digging the stuff up and shipping it out? Or will we use our natural advantages, skills and wealth as a nation to go up…

DroneShield wins approval to sell to Central American customer.

Sydney-based anti-drone security company, DroneShield (ASX: DRO), has won regulatory approval to fulfil an export order to a Central American customer. The company announced in a statement that approval would allow it to go ahead and fulfil a $300,000 order for its DroneGun Tactical jammer products. Oleg Vornik, DroneShield’s CEO, commented: “Drone misuse is a…

Lithium supply chain matures

Albemarle Corporation has begun earthworks on the company’s Kemerton lithium hydroxide (LiOH) conversion plant, deepening Australia’s burgeoning lithium products industry. The plant, at the Kemerton Strategic Industrial Area, in Western Australia, will have an initial capacity of 60,000 metric tons of lithium hydroxide (LiOH) when commissioned in 2021. Eric Norris, Albemarle President, Lithium said in…

Why we need a real energy policy in one, easy graph

Analysis by Peter Roberts Anthony Pratt, Global Chairman of Pratt Industries and Visy Industries, has nicely summed up the drag energy policy has become on Australian manufacturing in an end of the year social media post. He shared the image below, comparing American and Australian industrial gas prices since 2008, with a simple message. “Glad…