Having already stepped in to prevent the Whyalla steel works from closing, British businessman Sanjeev Gupta is eyeing off Alcoa’s Portland aluminium smelter in Victoria, according to reports. Gupta, who is investing $2 billion in Whyalla to boost primary steel output and develop solar and pumped hydro renewables projects, is considering a move on the…
Lithium ion battery materials group Lithium Australia (ASX: LIT) has raised $6.4 million from New York institutional investor The Lind Partners. Lind will provide $3 million initially and subsequently subscribe to new shares on a monthly basis to the value if $3.4 million. The initial raising is in the form of a secured convertible security…
Diversified mining equipment and services group PPK Group (ASX: PPK) has bought 45 per cent of armour manufacturer Craig International Ballistics. PPK, chaired by former Industrea boss Robin Levison, paid cash and issued shares to the value of $5 million for 45 per cent of Craig, Australia’s largest manufacturer of body armour. Craig makes personal…
Building products group CSR has cut its CO2 emissions three per cent in 2019 as it continues to exceed its targets to cut its impact on the climate. The manufacturer of Hebel bricks, Monier roofing, Bradford insulation and Gyprock also cut water and enery usage according to its 2019 sustainability report. Potable water usage was…
Wind turbine components are being manufactured and wind turbines assembled in Australia for the first time in a decade at the Vestas Renewable Energy Hub (VREH) in Geelong. The hub, a venture between Danish energy company Vestas and Australian engineering company Marand, has assembled and tested 44 turbine hubs and 36 drive trains, according to…
Naval Group has signed nine different Memorandums of Understanding (MoUs) with Australian SMEs to manufacture its Canto anti-torpedo decoy system. Already in service with the French navy, Canto is being proposed as a torpedo-defence system for the Royal Australian Navy. Canto decoys generate high-level acoustic signals covering the full frequency range of an attacking torpedo,…
Iconic bootmaker Rossi Boots Australia, one of the great survivors of Australia’s textile, clothing and footwear sector, is giving itself a new lease of life under fourth-generation family owners and managers.
A new Australian Research Council (ARC) Training Centre for Future Energy Storage Technologies (StorEnergy) at Deakin University was launched on Friday.
There’s pride in dreaming up and making, says Grant Menzies of Adina Watches. Brent Balinski spoke to Menzies about not just being proud of what you do, but telling the story attached to it.
By Peter Roberts An announcement by technology group Silex Systems (ASX: SLX) that it will make silicon suitable for fabricating quantum computing chips shows the way forward for Australian involvement in this emerging manufacturing sector. Silex has entered into a R&D project with Silicon Quantum Computing (SQC), a spin off from the University of NSW,…
