Orthocell receives $2.9 million R&D refund

Nerve technology developer Orthocell (ASX:OCC) has received a $2.9 million R&D tax incentive refund for the 2018/19 financial year. The Perth company, which is commercialising its CelGro product to facilitate the regeneration of severed peripheral nerves, will invest the funds to accelerate regulatory approvals and to advance R&D. The company also recently raised new capital…

Australian Vanadium in talks with Chinese steelmaker

Resources and chemicals group Australian Vanadium (ASX: AVL) has signed an agreement which could see its services and products sold into the China market. The company, which is developing large-scale vanadium deposits and manufactures vanadium battery electrolyte, signed agreements with Hebei Yanshan Vanadium and Titanium Industry Technology Research Co to allow the negotiation of a…

NW Tasmania fish food factory to begin commissioning next month

The BioMar Australia aqua feed mill in Tasmania’s north-west is on schedule to open in April, according to the company, with the site to employ 55 and have an annual capacity of 110,000 tonnes. The Advocate reports that commissioning at the Wesley Vale site is expected to begin “dry commissioning” in February, running machinery and…

Lithium a step closer to process patent protection

Lithium ion battery materials group Lithium Australia (ASX: LIT) has moved a step close to achieving patent protection for its key proprietary processes for recovering lithium phosphates from silicate ores and solutions. The International Bureau of the World Intellectual Property Organisation has published two Lithium Australia patent applications, a key step in the process of…

Canberra backs STEM education

Young Australians will have the chance to get involved in practical projects that open up the world of science, technology, engineering and mathematics (STEM) with $2 million available from the federal government. Industry minister Karen Andrews has announced the opening of applications for Maker Projects: Community STEM Engagement Grants. Maker Projects grants support STEM-related organisations…