First video of new Australian-assembled EV ahead of launch next month
It’s quiet, it’s not a smoker, it’s a great cargo and parcel transfer asset, it’s greener than most, it’s economical, it’s practical.
Peter Roberts – on the road in Berri
By Peter Roberts When wine connoisseurs think of fine wine they rarely think of South Australia’s Riverland, and never of Berri Estates with its price-busting five litre casks. But on a tour of businesses in the Riverland last week it was hard to miss the ambition of Accolade Wines, Berri’s parent, to move upmarket. Accolade,…
Recce pharmaceuticals gets global protection
Medical technology company Recce Limited (ASX: RCE) has won US patent protection for a range of new synthetic antibiotics it has developed and manufactured in Australia. The company announced that the US Patents and Trade Marks Office had granted patents over 23 claims for patent including its lead drug candidate, RECCE 327. The company has…
Lithium Australia tests battery production technology
Perth’s Lithium Australia (ASX: LIT) has begun a feasibility study to evaluate the direct production of battery cathode products such as lithium iron phosphate (LFP) from mine wastes. The study, to be be carried out in Germany using mica feed material from the Sadisdorf lithium/tin deposit, is part of its plans to move to battery…
Safety Survey Announced at ABA Launch
The newly launched Australian Balustrade Association has announced a national survey as part of its plan to ‘get serious’ about safety. The association’s launch, at Elite Glass in Melbourne on Thursday, was well-attended by industry leaders, founding members and Victorian Skills Commissioner, Neil Coulson. Speakers called for the industry to work together to eradicate the…
Renewable thermal solution provides green alternative for gas-hungry industries
By Andrew Spence A novel blend of old and new technology is helping Australian researchers combine renewable energy and low-cost thermal storage to deliver heat for industrial processes. Developed at the University of South Australia in Adelaide, the method involves using low cost renewable energy such as wind or solar PV to power electrical elements that heat rocks in…
Private equity to back manufacturing?
Analysis by Peter Roberts The Australian Financial Review has an extraordinarily tantalising piece of gossip today which, if confirmed, will mark a milestone for private equity investment in manufacturing. Normally PE suppliers take positions in manufacturers under strain, only to onsell the businesses after stripping them of assets and offshoring operations. Few genuine PE investments…
New navy shipbuilding milestones
The federal government’s naval shipbuilding plans are ramping up with progress building massive new facilities in Adelaide, and the laying down of the keel of the first Arafura class offshore patrol vessel (OPV). Defence announced more than 50 tonnes of Australian steel has been assembled at Osborne Naval Shipyard in Adelaide marking the official completion…
Brickworks powers to record profit
Brickworks (ASX: BRK) has powered to a record profit for the half year to January 31 of $160 million, up 37 per cent on the year before. After tax profit was up 18 per cent to $115 million. Chairman Robert Milner said: “Our strong financial performance during the period again reinforced the benefits of our…
ResMed and F&P agree on intellectual property
Sleep apnea manufacturer ResMed (ASX: RMD) and Fisher & Paykel Healthcare have settled their longstanding patent infringement dispute. The settlement involved no payment or admission of liability on either side, and both parties will pay their own costs. The two have been in dispute over aspects of the technologies in ResMed generators and masks, and…