Li-ion battery recycling boost from investment

Lithium metal technology company Lithium Australia (ASX: LIT) is to invest in Melbourne li-ion battery recycling business, Envirostream, with plans to expand its capacity. The company has invested $600,000 to take 18.9 per cent of Envirostream which operates Australia’s only plant that shreds used batteries. The process produces a powder containing the critical metal components…

Micro-X forms alliance with Thales Group

By Angela Skujins South Australian company Micro-X has signed a contract with Thales Group to develop its mobile X-ray products for security purposes. Under a new contract with the global company, Adelaide-based Micro-X will develop multiple image processing systems for defence and security purposes. Micro-X manufactures carbon nanotube X-ray systems that are portable and adaptable…

Drought, floods and plant closure hits Incitec Pivot

Chemicals, fertiliser and explosives manufacturer, Incitec Pivot (ASX: IPL) has reported big hits to its profits from a number of weather-related events and the closure of its Portland, Victoria super phosphate factory. The closure costs, along with drought in eastern Australia and cyclonic floods in the Townsville region, were outlined in a report to the…