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…

Titomic enters Japanese and Korean markets

Metal additive manufacturing company, Titomic (ASX: TTT) has expanded its global distribution network for its unique metals and materials technology and manufacturing business. The company signed a memorandum of understanding with Osaka Titanium Technologies (OTC) and Marubeni Corporation to be its distributor in Japan and South Korea. The agreement also givers Titomic access to a…

Element 25 to trial mineral processing with renewables

The Australian Renewable Energy Agency (ARENA) has funded metals company Element 25 (ASX: E25) to trial the use of variable renewable energy in processing manganese. Manganese is produces from its salts through an electrowinning process and normally relies on continuous grid connected sources of electricity. The one million dollar project will involve laboratory testing to…

Energy Renaissance plans massive Darwin battery factory

Plans by UGL-backed Energy Renaissance to establish a massive lithium ion battery manufacturing facility in Australia have taken another step forward with the company selecting the technology to be used. Energy Renaissance has partnered with Connecticut-based Cadenza Innovation which has developed a novel ‘supercell’ technology which simplifys the manufacturing process and improves energy storage density.…

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…