Heavy industry roundtable to be held today

The federal government is holding a Jobs and Skills Roundtable for Australian Heavy Industry on Tuesday, ahead of the two-day Jobs and Skills Summit next week. A statement from assistant manufacturing minister Tim Ayres (pictured) this morning said that he anticipated discussing the relevant challenges and opportunities ahead, and the strategies needed to train women…

ATSE calls for swift action on energy transition

Leading fellows of the Academy of Technology and Engineering (ATSE) have called for a rapid deployment of new technologies to decarbonise energy systems. Here, Peter Roberts exposes the industry backdrop to their calls. Australia is in the throes of an energy crisis, with electricity generation prices around 115 per cent above the previous highest average…

PM wants to shore up seven sectors of manufacturing for “just in case” era

Prime minister Scott Morrison has outlined seven supply chain priorities in a speech this morning ahead of the March 29 budget. The seven sectors of manufactured goods that Australia needed to focus on, “in the national interest”, were given as semiconductors, agricultural chemicals, water treatment chemicals, telecommunications equipment, plastics, pharmaceuticals, and personal protective equipment. Supply…

Fortescue invests 10% of profits into green hydrogen sector

Andrew Forrest’s Fortescue metals group has confirmed it will continue to invest ten per cent of net profits after tax into developing its green hydrogen offshoot, Fortescue Future Industries. Announcing the group’s results for the half year to December, the company said FFI’s FY22 anticipated expenditure was in the range of US$400 – US$600 million.…

Infrastructure loans back Pilbara urea project

The Northern Australia Infrastructure Facility (NAIF) has announced it will invest $255 million in infrastructure supporting the proposed $4.3 billion Perdaman Urea Project at Karratha in Western Australia. The investment in the form of loans will upgrade common-user infrastructure that will support the project, which will convert liquefied natural gas into about two million tonnes…

Summer news briefs – stories you might have missed

Tritium signs global supply deal with Shell Fast electric vehicle charger manufacturer Tritium has signed a global framework agreement with Shell to provide fast charging technology and services. The Queensland company expects the deal with Shell, which operates 46,000 retail sites, will accelerate the supply of Tritium DC fast chargers to their business operations in…