Carbon fibre road wheel manufacturer Carbon Revolution is to inaugurate its Mega-line wheel manufacturing line at its Geelong factory this calendar year, the company has revealed. Carbon Revolution told investors in its rep[ort for the first half year that construction of the Mega-line which will substantially increase output is on time and on budget. CEO…
Cochlear’s strong sales growth Growth in services offered by hearing implant manufacturer Cochlear has driven sales revenue for the half year ended December 12 per cent higher in constant currency terms to $1,135 million. While sales of Cochlear implants rose seven per cent to 18,598 in the half, services revenues such as sound processor upgrades…
The Reinforced Earth Company, a civil engineering products business, will establish a new site at Avon Industrial Park, near Northam in Western Australia.
CSIRO’s SWIRLFLOW industrial mixing technology developed in partnership with Queensland Alumina Limited has marked a 25-year milestone of operations in alumina processing in Australia. Looking like a supercharged stick blender, SWIRLFLOW sits at the top of a mixing tank and generates a tornado-like swirl throughout the fluid, which delivers superior mixing and dispersion of solids…
“Productivity needs to improve,” says the RBA, BCA, CEDA, Treasury and the Banks. But that is not the real problem argues John Sheridan The RBA, the BCA, government ministers and others are all back on the bandwagon again – “Australia’s productivity needs to improve before people can expect wage rises”. One of the measures of…
Ergon Energy has opened a new $6 million energy R&D facility in Cairns, described by the Queensland government as one of the most sophisticated of its kind in the nation.
Two recent announcements hint at a seismic shift about to hit Australia’s coal industry.
Australian tech billionaire Mike Cannon-Brookes and Canada’s Brookfield put forward an extraordinary joint bid to takeover AGL Energy, Australia’s biggest emitting company, over the weekend. If successful, it would see AGL’s coal-fired power stations shut down early. And last week, Origin Energy announced that the country’s largest coal plant, Eraring, will close seven years early.
BlueScope steel is rapidly refining its plans for decarbonising its steel making and today announced the likely $1 billion relining of its currently mothballed No. 6 blast furnace (6BF) at Port Kembla in New South Wales. The company told investors that it now expects significant takeup of low emissions steel technology into the 2040s. “Given…
Australian high-tech welding manufacturer K-TIG will accelerate its global expansion, announcing it had raised $4 million in a share placement and revealing three new distribution deals. The TIG welding technology developer announced new distributors in Turkey, Spain, Portugal, and the successful placement of $4 million to investors including existing directors. Chairman Stuart Carmichael said the…
Rio Tinto and the Tasmanian Government are to work together to boost employment and growth outcomes for the company’s Bell Bay smelter, including examining the possibility of new investment in the smelter. They have signed a MoU to jointly investigate how the smelter’s manufacturing capability and electricity demand can help support the development of new…