Lynas extends knowledge of critical rare earths resource Lynas Rare Earths will begin a new exploration programme following the identification of major extensions to its Mt Weld rare earths resource in Western Australia. The company has successfully completed a one kilometre deep exploration hole drilled in fresh carbonatite below the current Mt Weld ore reserve.…
Ed Husic spoke to the Sydney Institute last night and outlined his vision for industry and innovation should Labor be successful at the coming federal election. Here is a full transcript. Good industry policy isn’t just about economics – it helps build a sense of security as well. In tough, challenging times it’s as much…
Austal’s record half year profit Perth international shipbuilder Austal has posted a record half year profit to December despite revenue slipping 14 per cent to $722.4 million. Operating profit or EBIT of $71.1 million was up one per cent on the previous corresponding period to $70.5m. The record result was driven by a combination of…
Australia’s largest producer of minerals used to manufacture high technology products, Lynas Rare Earths has received ministerial approval for the rare earths processing facility it is constructing at Kalgoorlie in Western Australia. The company announced that a ministerial statement had been issued under the Environmental Protection Act 1986 (WA), one of a number of approvals…
Comment by Peter Roberts The graph tells you all you need to know about Australia’s – and the west’s – failure to secure the crucial processing stages of producing strategic and clean energy materials. Australia’s penchant for sending raw materials overseas unprocessed is well known from our focus on iron ore exports, and is obvious…
Wire arc-based additive manufacturing goes back to the 1990s, but is only starting to realise some of its commercial potential. Adelaide-based AML3D is one of the global leaders in commercialising this technique, which uses a combination of software, robotics and wire arc welding as a heat source, melting wire and depositing it, layer by layer,…
Cochlear implant company Hemideina raises $10 million. A second Australian cochlear implant player Hemideina has emerged to compete with Cochlear Ltd, with the technology company closing a $10 million capital raising, managed by Henslow. Founded in 2017 by research scientists Dr Kate Lomas and Dr Elizabeth Williams, the company has designed a new type of…
Namoi Cotton grows Northern Australia footprint Namoi Cotton plans to build and operate a new cotton gin with KCC Kimberley Cotton Company to service the Ord River Irrigation Area in Western Australia. The two companies have been developing plans for the gin since 2020, according to Namoi CEO John Stevenson, and was part of the…
By James Riley At a time when the economy is reeling from pandemic-related stress, when geo-strategic tensions have put a premium on building sovereign capability, and when the pace of technological change has accelerated, Australia finds itself without an Industry minister. In reality, the Industry portfolio has been rudderless for most of the year, ever since…
Funding totalling $47 million has been announced to support 22 CRC Projects in the 11th round of the program, including to efforts developing electric air transport, plant-based protein and orthotic products.
