a2 Milk Company grows despite decline in China market The a2 Milk Company, which pioneered the use of a2 proteins in milk as a healthy alternative, has reported positive results for 1H24. Revenue was up 3.7 percent to $812.1 million and EBITDA profit up five percent to $113.2 million despite a double-digit decline in the…
By Mohan Yellishetty, Monash University Australia’s nickel industry has been granted access to billions of dollars in federal funding as well as relief from royalty payments after a collapse in the global price of nickel that threatens thousands of jobs. On Thursday BHP wrote down the value of its West Australian nickel division Nickel West…
Processing of rare earth elements will be a key area of focus for the Australian Nuclear Science and Technology Organisation’s Minerals unit following a $13.9 million funding allocation under the Australian Critical Minerals Research and Development Hub. The Minister for Resources and Minister Madeleine King announced the funding for a research project to accelerate the…
Gaia EnviroTech welcomes new investors in decarbonisation Gaia EnviroTech management and team has hosted key investors at its first board meeting following the recent equity investment in Gaia EnviroTech by RFC Ambrian Funds Management (RFM). Bioenergy decarbonisation developer Gaia EnviroTech was spun out of Ballarat, Victoria based Gekko Systems in 2023 in advance of capital…
Iluka reveals capital cost of rare earths refinery Perth minerals company Iluka Resources has revealed a $1.5 to $1.8 billion capital cost of Australia’s first integrated rare earths refinery for producing rare earths oxides at Eneabba in Western Australia. The estimate comes from Iluka and Fluor who are optimising the project and conducting FEED work.…
Commissioning has been completed and production ramp up is underway at Lynas Rare Earths new Kalgoorlie Rare Earths Processing Facility in Western Australia (pictured). Staff from the company’s Malaysian value-added metals production facility, which has been closed while capacity is increased to 10,500 tonnes of Neodymium and praseodymium (NdPr) per annum, are in Kalgoorlie assisting…
Austal receives $1.3bn order from US Navy Shipbuilder Austal‘s US arm has received a $1.28 billion ‘undefinitised’ contract award (UCA) for the final design and construction of three Expeditionary Medical Ships (EMS) from the United States Navy. The EMS is based on Austal’s proven Expeditionary Fast Transport ship (EPF) platform and will be manufactured in…
Cobram Estate now the US’s biggest producer of olive oil Cobram Estate Olives has likely become the largest olive oil producer in the United States following strong growth seen in the just completed 2023 Californian harvest season. The company saw the production of 3.2 million litres of olive oil, 89 percent higher than 29022’s harvest…
The young New South Wales government perplexed many when it axed the role of Commissioner for Modern Manufacturing. Here manufacturer Julie Harrison asks ‘where are we headed?’, and offers a way forward. The decision of the New South Wales government to axe the role of Commissioner of Modern Manufacturing just weeks ago came as a…
The Western Australian Government is refocusing the State’s activities in the rapidly evolving battery and critical minerals sector with the release of a new paper for public consultation. The state’s Battery and Critical Minerals Strategy opened for comment, aiming to build on successes already achieved by the increasingly lucrative industry. The state is already home…
