Australia’s largest food manufacturer Nestlé has thrown its weight behind the circular economy movement with a massive commitment to cut back on the use of virgin plastic for packaging and to use recycled materials in its products. The Swiss company, which operates six large factories in Australia, has committed $2.5 billion globally to cover the…
Road and traffic technology group Redflex Holdings (ASX: RDF) won new equipment and services orders worth $73 million in the second quarter of the financial year according to an shereholder update from the company. Services revenues such as speed and red light enforcement and freeway management made up the bulk of the orders, however Redflex…
A Perth startup is developing an approach to pumping that could find a way into artificial heart implants. Brent Balinski spoke to its founders about the ambitious project, and about trying to solve really big problems within Australia.
Rare earths producer Lynas Corporation (ASX: LYC) faces new opposition to its continuing operations in Malaysia with the lodging of proceedings in the High Court in Kuala Lumpur. Lynas is building a processing plant in Western Australia to remove radioactive waste before shipment to Malaysia, a development forced onto the company by the Malaysian government.…
Analysis by Peter Roberts When it first became clear that vehicle assembly was finished in Australia the predictions of job losses were truly massive. But three years later the Coalition, which dealt the coup de grace to the sector, is claiming credit for an orderly transition for many of the local suppliers to the three…
By Peter Roberts While the federal government has reluctantly said it might ‘evolve’ its climate action policies the outcomes of current policy settings are seeing a collapse in investment in renewable energy alternatives to burning dirty fossil fuels. New figures from Bloomberg New Energy Finance (BNEF) show a near 60 per cent fall in investments…
Two new instruments to be built for Australian radio astronomy facilities have the potential to create new spin-off industrial opportunities. Australian Research Council Linkage Infrastructure, Equipment and Facilities (LIEF) grants have been awarded to develop a new receiver for the Parkes radio telescope, and a new digital signal processor for the Australia Telescope Compact Array…
By Andrew Blakers, Professor of Engineering, Australian National University In the 1980s, a global race was underway: to find a more efficient way of converting energy from the sun into electricity. Some 30 years ago, our research team at the University of New South Wales (UNSW) came up with a breakthrough, called the PERC silicon…
BlackRock, the mega funds manager which this week announced an exit from coal investments, has joined the share register of the producer of the iconic Australian red wine Penfolds Grange. The company has bought 7.3 million shares worth $250 million in Australia’s leading wine producer Treasury Wine Estates (ASX: TWE) over recent weeks. The global…
Metastatic cancer treatment biotech Noxopharm (ASX NOX) has successfully listed its Nyrada Inc spin off on the Australian Stock Exchange. Noxopharm, which is focusing on commercialising its Veyonda treatment for late-stage cancers, listed Nyrada to develop non-oncology drug prospects developed by the group. Nyrada is listed as a foreign company on the ASX through the…
