BlueScope welcomes NSW renewable manufacturing fund

BlueScope Steel has welcomed the announcement by the NSW Government of a $250 million Renewable Manufacturing Fund. CEO Mark Vassella welcomed the state’s commitment to create opportunities for local industry in this and other sectors. Vassella said: “The potential opportunity for local manufacturers in relation to NSW’s Renewable Energy Zones is enormous – several hundred…

Dassault joins “Team Albatross” effort to create aerospace manufacturing hub in Darwin

French engineering software company Dassault Systemes has joined Darwin’s Amphibian Aerospace Industries in its plan to build Albatross amphibious aircraft. Dassault announced on Tuesday that it was joining “Team Albatross” with AAI, which announced  plans in December to rebuild an upgraded version of the Albatross G-111 and to create an aviation manufacturing sector in the…

Fortescue plans zero emission Infinity Train

Fortescue Future Industries and its newly acquired, UK-based arm Williams Advanced Engineering (WAE) today announced the development of a world first, zero emission Infinity Train. The regenerating battery electric iron ore train project will use gravitational energy to fully recharge its battery electric systems without any additional charging requirements for the return trip to reload.…

Manufacturing bounces back after worst of Omicron

Manufacturing recovered after a difficult holiday period, according to the Australian Industry Group’s Australian Performance of Manufacturing Index survey. The PMI result for February was 53.2, up 4.8 points from December-January.  Any result above indicates expansion, below it contraction, and 50 indicating no change. According to a summary of the results, these indicated “mild improvements…