A Victorian gold mine and a regionally based mining equipment manufacturer have collaborated to develop sophisticated technologies to automate gold processing plants. Since 2018 Stawell Gold Mine and Gekko Systems of Ballarat have installed new equipment and developed new processes to optimise processing. SGM, owned by private equity group Arete Capital Partners, first installed a…
On the whole, Australian manufacturers could arguably do better at planning ahead. According to an ABS survey from 2017, only 11.8 per cent of them had a written strategic plan. 31 per cent had some kind of strategic plan, but it wasn’t written down.
Analysis by Peter Roberts For a very long time now in Australia it has been possible to get venture capital for a yet-another gold mine or some fintech app. But when manufacturing innovators go looking for capital, other than a few angel investors, the cupboard has been bare – this despite us sitting on one…
The energy and resources industry growth centre is to launch GeneratER, a new open innovation challenge aiming to boost SME manufacturers in the energy resources supply chain. With similar programs successful in a wide range of industries, National Energy Resources Australia will launch GeneratER next week in Perth, offering SMEs the opportunity to capture a…
Perth shipbuilder Austal has been awarded a US$44 million ($56.9 million) contract to develop and demonstrate autonomous operation of its Expeditionary Fast Transport (EPF) vessels in service with the US Navy. The company, which has a $2 billion plus contract to build 15 EFP ships for the USN at its yard in Mobile, Alabama, will…
The federal government has awarded six companies a share in the Government’s $50 million Carbon Capture, Use and Storage (CCUS) Development Fund. Part of a $1.9 billion new energy technologies package announced in the 2020-21 Budget, the government aims to accelerate the development of the technology in Australia, reducing emissions and supporting new economic opportunities.…
How do we stop ourselves blundering into a quantum age without due forethought? How do we tackle the societal problems posed by quantum technologies, while nations and companies race to develop them?
Semiconductor technology developer BluGlass has announced an $8 million capital raising to further develop its first direct-to-market commercial laser diode product. The company, which is commercialising its Remote Plasma Chemical Vapour Deposition (RPCVD) production technology, plans a non-renounceable rights issue to current shareholders. The raising comes as the company revealed it was experiencing reliability issues…
It took a chance meeting between Cameron van den Dungen, founder of a start-up mattress company, and Madhu Bhaskaran, an engineering professor at RMIT University, to see an opportunity to collaborate and commercialise research.
Solar photovoltaics (PV) and wind continue to be the cheapest sources of new electricity generation capacity in Australia, even when the integration costs of renewables are included, according to a report released today by CSIRO and the Australian Energy Market Operator (AEMO). Their final 2020-21 GenCost Report, released today estimates the cost to generate electricity…
