Impression Healthcare wins right to sell medical cannabis products

Local manufacturer Impression Healthcare (ASX: IHL) has received the required licenses to allow it to make and sell medical cannabis products in Australia. The company announced today it had received licenses from the Victorian Department of Health to sell products containing four scheduled cannabinoid substances. The approvals cover cannabis, cannabidiol (CBD), tetrahydrocannabinols (THC) and dronabinol.…

Latrobe Magnesium protects its technology

Latrobe Magnesium (ASX: LMG) which is developing a project to produce magnesium metal in Victoria’s La Trobe Valley has extended protection for its unique technology with the granting of a patent in India. The patent, which adds to protection in Australia, the US, EU, China and Indonesia, protects the company’s 100 per cent owned electrolytic…

Rio completes deployment of world’s biggest robot and ‘factory’

Analysis by Peter Roberts Iron ore miner Rio Tinto (ASX: RIO) has completed the deployment phase of its $900 million Pilbara AutoHaul automated heavy-haul, long distance rail network. After a build up from running its first autonomous train in July, the company has announced the system is now fully operational. The company operates more than…

Leigh Creek raises $5 million to develop chemicals potential

Leigh Creek Energy (ASX: LCK) company will raise $5.1 million through a rights issue and placement to fund development of chemicals processing opportunities in South Australia. The company said in a statement that its in situ coal gasification demonstration plant at the former Leigh Creek coal fields has notched up 13 days continuous production of…

DroneShield wins approval to sell to Central American customer.

Sydney-based anti-drone security company, DroneShield (ASX: DRO), has won regulatory approval to fulfil an export order to a Central American customer. The company announced in a statement that approval would allow it to go ahead and fulfil a $300,000 order for its DroneGun Tactical jammer products. Oleg Vornik, DroneShield’s CEO, commented: “Drone misuse is a…

Lithium supply chain matures

Albemarle Corporation has begun earthworks on the company’s Kemerton lithium hydroxide (LiOH) conversion plant, deepening Australia’s burgeoning lithium products industry. The plant, at the Kemerton Strategic Industrial Area, in Western Australia, will have an initial capacity of 60,000 metric tons of lithium hydroxide (LiOH) when commissioned in 2021. Eric Norris, Albemarle President, Lithium said in…