Advanced materials business Archer Materials continued progress on a number of fronts during the third quarter as it advanced projects ranging from mining to cathode production and quantum computing development. The listed company re-iterated progress on a number of fronts in a statement to investors: # Drilling continued at its Franklyn deposit and concluded at…
Composite wheel manufacturer Carbon Revolution has revved up production of its one piece carbon fibre road wheels at its Geelong factory despite the uncertainties of the Covid-19 pandemic. The young company grew wheel sales 8.3 per cent in the March quarter as demand from its high-end global customers remained strong. A new high annualised rate…
Bisalloy reaffirms profit guidance High strength and armoured steel manufacturer Bisalloy Steel (pictured) does not expect the Covid-19 outbreak to alter its profit guidance for the year which remains at $12-$13 million, up to 40 per cent higher than the previous year. There are encouraging signs of revival in the company’s Chinese business, while Thai…
Australian Defence Force personnel sent to Shepparton, Victoria manufacturer Med-Con to lift production of surgical masks have finished up.
Defence, space and communications business Electro Optic Holdings has won contracts to supply its Cobra Maritime Satellite terminals (main picture) to four allied naval forces.
Comment by Peter Roberts The Covid-19 pandemic has seen the share prices of solid Australian manufacturers drop by a third, and younger firms in their growth phase halve or even worse. There have been exceptions – shares in established companies producing infant formula, such as Jatenergy for example, have even risen slightly while others have…
We have just witnessed an oil price crash like never before taking prices of West Texas Intermediate into deeply negative territory.
Adelaide’s Axiom Precision Manufacturing has begun producing face shields designed by Defence Science and Technology Group.
The Australian Manufacturing Forum and @AuManufacturing’s campaign to crowd source a new deal plan for manufacturing in Australia has focused on SME views. Today Mark Vassella, managing director and CEO of BlueScope Steel, focuses on trade, energy and infrastructure plus more. The disruption of global supply chains as a result of the COVID-19 pandemic has…
French defence group Thales is ramping up production of the Hawkei light armoured vehicle at the company’s protected vehicles manufacturing facility in Bendigo (pictured). Production of the seven tonne, 4×4 vehicle has been doubled this week as the company races to fill an order from defence for 1,100 vehicles and over 1,000 trailers. Hawkei is…
