Fortescue Metals Group founder Andrew Forrest stunned investors when he committed to massive investments in green hydrogen and green steel production in his recent Boyer lecture. Here is the full text of this landmark speech. The Boyer lectures are traditionally lectures – a speaker lecturing Australia about what it should do. I’ve chosen a different…
The federal government is to spend $1 billion on new longer-range missiles for the navy and air force, plugging a significant gap in Australia’s defence capabilities. The purchase of Evolved Sea Sparrow missiles and a decision to invest in developing the Standard Missile surface-to-air missile increases the range of the missile arsenal to more than …
As interesting as the topic of reshoring might be to some manufacturers, its discussion in Australia relies heavily on hunches and anecdote. By Brent Balinski.
Even a modest boost to recycling and reuse of materials instead of sending to landfill would have major economic and jobs impacts, according to a National Circular Economy Roadmap released today by CSIRO. According to the roadmap the recycling sector currently generates 9.2 jobs per 10,000 tonnes of waste, compared with only 2.8 jobs for…
BusTech Group and its partner Scania Australia have delivered their first two hybrid buses for the Adelaide metropolitan commuter network. The new hybrid buses (pictured), with the bright green tops, have been designed to reduce emission by 25 per cent and have a 15 per cent reduction in fuel consumption. The hybrid buses hit the…
Varley Electric Vehicles has delivered an Ambicart emergency vehicle (pictured) to Westmead Hospital in Sydney, Australia’s largest hospital. The Ambicart, one of 80 electric vehicle variants offered by the Tomago, NSW manufacturer (factory pictured below), will be used as a rapid response vehicle for the emergency department. This vehicle is fitted with a standard Stryker…
Lynas Rare Earths is to build a light rare earths separation plant in the United States which will process concentrates from the company’s cracking and leaching plant now under construction in Kalgoorlie. The plant will be subsidised by the US government under its Defence Production Act, recognising the company’s critical importance as the only large-scale…
Andrew Forrest’s Fortescue Metals Group has stunned investors with the announcement it will construct Australia’s first green steel production plant in 2021 and develop massive renewable power resources to produce green hydrogen. Delivering the prestigious Boyer Lecture, Forrest said the time for green hydrogen and green steel had come. Forrest said: “We aim to start…
The Prime Minister Scott Morrison has joined in the sod turning ceremony for a new School of Advanced Manufacturing building at Central Queensland University in Gladstone. Morrison, who reviewed plans with Vice-Chancellor Prof Nick Klomp (pictured), made a lightning visit to CQ University’s Gladstone Marina campus to inaugurate the project. Funded by the federal government,…
Sydney firm Lavo has announced a low-price domestic hydrogen electrolyser and storage system, and a range of domestic products in a move which beats many of the world’s largest companies to the punch. The company, which has developed its technology in partnership with the University of New South Wales, will initially target the residential, commercial,…
