What were the five biggest stories this week? Here’s what visitors to this site were reading. CARBON REVOLUTION LOOKS TO MERGE, LIST IN THE US Carbon Fibre road wheel manufacturer Carbon Revolution has outlined an ambitious plan to merge with a US fund, list on a US stock exchange and emerge with a warchest to…
The Healthy Mummy to be sold through Woolworths Halo Food Co’s The Healthy Mummy sports and diet products are to be sold through Woolworths supermarkets nationally. The retailer will stock three THM powdered smoothie products from the first quarter of 2023. The sales value of the products to Halo is forecast to be $2.5 million…
What were the five biggest stories last week? Here’s what visitors to this site were reading. FIRST DRIVE IN H2X HYDROGEN POWER WARREGO UTILITY About 100 kilometres from Amsterdam in a workshop dedicated to vehicle electrification sits one of two unique hydrogen fuel cell-electric utility vehicles – Australian company H2X Global’s Warrego utility, writes Peter…
Industry minister Ed Husic has given the strongest indication yet that the federal government will back with cash new battery manufacturing in Australia. Speaking to the Australian Information Industry Association, Husic indicated funds would come from the government’s $15 billion National Reconstruction Fund. One of the fund’s seven priority areas is in manufacturing renewables and…
The world’s biggest producer of rare earths critical to the production of permanent magnets used in electric vehicles, electric motors, computer drives, medical devices and defence equipment is to ramp up the speed and size of previously announced production increase. Lynas Rare Earths has previously announced a 50 percent expansion of its Mt Weld mine…
Critical metals supplier Lynas Rare Earths has reported record sales receipts for the fourth quarter as well as progress in construction of a rare earths processing plant in Kalgoorlie, Western Australia (pictured). The company, which mines ore at Mt Weld in WA and produces high value metals critical to high-tech industries in Malaysia, reported sales…
The Western Australian state government has launched a new prospectus promoting investment opportunities in the state’s growing battery and critical minerals industries. The prospectus, which has already been presented to potential investors in Germany by development minister Roger Cook, aims to build on the state’s minerals endowment and local companies’ increasing involvement in critical metals…
Australian rare earths producer Australian Strategic Materials rolled out the Lamingtons during celebrations to open the company’s first critical metals production plant in South Korea. Located in the Ochang Foreign Investment Zone south of Seoul, the Korean Metals Plant will initially focus on supplying neodymium iron borate (NdFeB) and titanium metal alloys into Korean high…
Perth’s Curtin University has been named the first of Australia’s Trailblazer universities to receive a share of more than $242 million in federal government funding to develop a research commercialisation hub turning research outputs into businesses. The Curtin-led Resources Technology and Critical Minerals Trailblazer hub will match $50 million of government funding to support from…
By Peter Roberts If covid-19 has taught us anything it is that Australia needs to be more self sufficient in what we manufacture onshore and depend less on globalised supply chains that are easily interrupted by accident or design. For advanced nations there is a range of rare earths that are essential to high tech…
