Six grants totalling $4 million have been awarded for projects investing novel feeds to reduce methane emissions from livestock, based on seaweeds, tropical legumes and the chemical 3-NOP.
CSL profit dips on Covid disruptions Disruptions to the collection of blood plasma have impacted biotechnology giant CSL in the first half FY22, with EBITDA operating profits down eight per cent to $3.4 billion on sales up three per cent to $8.05 billion. CEO Paul Perreault said the company had responded with multiple initiatives in…
The shadow of COVID and the associated policy failures of the federal government hang heavy over the coming election, with the campaign certain to be chaotic and full of distractions. Here Lance Worrall looks at the biggest policy idea launched to date – Labor’s National Reconstruction Fund. Many voters were shocked to discover early in…
Engineers Australia has reported that job vacancies were up 50 per cent for 2021 compared to the year before, with demand for engineers at a ten-year high.
Andrew Forrest’s Fortescue metals group has confirmed it will continue to invest ten per cent of net profits after tax into developing its green hydrogen offshoot, Fortescue Future Industries. Announcing the group’s results for the half year to December, the company said FFI’s FY22 anticipated expenditure was in the range of US$400 – US$600 million.…
State and federal governments and major mining companies are backing a $15 million feasibility study to solve one of the major constraints of industrial and mining development in the state – a lack of water. With the Whyalla steelworks and existing copper mines supplied by pipeline from the Murray or underground, planned massive expansions of…
By Joseph Brookes As industry policy is reconsidered around the world, Australia’s federal Opposition says it is time to move on from ‘dogmatic’ notions of not picking winners, promising to direct a $15 billion Reconstruction Fund to areas of strength and national priority. Shadow minister for industry and innovation Ed Husic this week told Parliament…
@AuManufacturing news and media welcomes a new team member – Sarah McPhail. Ms McPhail takes up a new project-based post of partnerships manager, a role that will see her liaise on a regular basis with our advertisers and sponsors. With news that @AuManufacturing has grown to become the country’s number one manufacturing news website, she…
K-TIG raises new capital for growth K-TIG has announced that it has received binding commitments to raise $4 million (before costs) in new equity via a fully committed share placement to institutional and sophisticated investors. The Placement was completed at an issue price of $0.35 per share, with 11,428,571 new fully paid ordinary shares anticipated…
RMIT will get a new electric vehicle research facility, which the university says will be the first of its kind in the southern hemisphere, with a $5.2 million grant from the state government announced on Tuesday.
