A new deal plan for manufacturing – eight keys to the future by Danny Samson

Professor Danny Samson continues @AuManufacturing’s campaign to crowd source a new deal plan for manufacturing with eight keys to unlocking our manufacturing future. Send your ideas or make a submission to [email protected] Australia’s manufacturing sector has shrunk significantly over the past 30 years, in terms of share of GDP, and absolute employment numbers. But we…

EOS the latest to raise new equity

Space, communications and defence manufacturer Electro Optic Systems has become the latest in the sector affected by Covid-19 to go to the market seeking new capital from investors. The company will seek to raise $144 million from a fully underwritten placement to institutional investors and a share purchase plan, with the company noting some disruption…

Lynas Corp refinery to remain shut

Lynas Corporation’s troubled rare earths refinery in Malaysia is to remain closed until April 28 following the extension of Covid-19 measures by the Malaysian government. The company has been plagued by controversy over its plant even before the virus hit, and is moving some refining operations back to its mine and processing site in Western…

EOIs open for $70 m renewable hydrogen funding round

The Australian Renewable Energy Agency is accepting expressions of interest in its $70 million Renewable Hydrogen Deployment Funding Round. The round will support “two or more large scale renewable hydrogen projects, with electrolysers of a minimum of 5 MW capacity, with a preference for 10 MW or larger.” The electrolysers must be powered by renewable electricity. “With…

A new deal for manufacturing – a rallying cry to get involved by Grant Anderson

Grant Anderson joins @AuManufacturing’s campaign to crowd source a new deal plan for manufacturing in Australia with this powerful call to action. Send your submission to [email protected] Never waste a good crisis ! Why is it that we need a crisis to bring about change to policy around manufacturing? Why is it that most countries…

Sky & Space Global in administration

Hall Chadwick have been appointed administrators of Perth satellite IoT communications company Sky and Space Global and are conducting a preliminary review and assessment of the business. The administrators were called in after a period of voluntary suspension, during which directors sought to raise new capital from shareholders. The administrators told investors they were determining…