By Peter Roberts One of Australia’s most respected property developers has put a bold plan to the South Australian government to revive the steel city of Whyalla by building hotels and thousands of new homes to house a massive influx of residents needed to support planned green hydrogen and green steel manufacturing facilities. With the…
Fortescue deploys green ammonia powered test locomotive After almost a year of development, one of Fortescue Future Industries’ green ammonia test locomotives (pictured) has been sent up to the Pilbara in Western Australia. The locomotive will undergo further testing, before heading to one of Fortescue Metals Group’s operational sites. FFI took to social media and…
By Peter Roberts Manufacturing industry is not going to see any relief to current high energy prices following a week of meetings and announcements that revealed how the Albanese government is taking back some control of energy markets. But it will benefit from moderation of future rises and, surprisingly, a new mechanism that could align…
Businesses are increasingly being asked to report, justify and act to reduce their carbon emissions. Here Bruce Macfarlane outlines what it means as the circular economy crashes into supply chains. As the UN’s COP27 carnival packs up and leaves Egypt’s Sharm el-Sheikh, many questions will be on the minds of government and business leaders. Like…
Matrix raises cash for expansion Perth’s Matrix Composites and Engineering has secured funding via a $7.5 million convertible note to fund major new contracts as it continues its emergence from a Covid pandemic low in business. The company, which manufactures buoyancy systems for underwater oil and gas infrastructure, has secured $30 million in orders since…
A new report launched by the Gladstone Regional Council on Wednesday cites the role that strengthening its “manufacturing powerhouse” will play in moving its economy moves away from fossil fuels. Gladstone Region Economic Transition Roadmap 2022-2032 was prepared with consultancy The Next Economy, gathered input from 220 local stakeholders over two years, and was supported…
EMVision backed by $2.5 million NSW government grant Medical imaging technology developer EMVision Medical Devices has been awarded a $2.5 million grant from the NSW Medical Devices Fund. The company, which is commercialising a microwave technology for stroke imaging (pictured), will receive the funding of the NSW Office for Health and Medical Research to support…
Innovative green hydrogen developer Sparc Hydrogen has turned its focus to scoping out the construction of a pilot plant to prove its low cost processes to produce green hydrogen following the publication of a global patent application. The company, a joint venture between Sparc Technologies, Fortescue Future Industries (FFI) and the University of Adelaide, is…
A plan to use green hydrogen in ammonia synthesis at Incitec Pivot’s Gibson Island plant in Brisbane has progressed, with the Australian Renewable Energy Agency awarding $13.7 million to the consortium behind it for a $38 million front-end engineering and design (FEED) study. The Gibson Island green hydrogen project was first raised by Incitec –…
Fortescue Metals Group has told the ASX that its Fortescue Future Industries subsidiary has entered a global strategic collaboration with energy infrastructure developer Tree Energy Solutions (TES), aiming to accelerate development of a green hydrogen and green energy import facility in Germany and with a €130 million ($200 million) investment funded from FFI’s unutilised capital…
