A few thoughts on innovation from Russell Mineral Equipment’s founder

This week Russell Mineral Equipment was announced as the National Reconstruction Fund Corporation’s first investee, with the NRFC taking a $40 million stake in the company alongside US-based private equity firm Resource Capital Funds. Earlier this year, RME was a gold award winner in @AuManufacturing‘s Australia’s 50 Most Innovative Manufacturers campaign for 2024. Below is…

Husic: NRF “on the cusp of announcing the first investments”

The main initiative serving the federal government’s 2022 election pledge to transform the nation’s industry, the $15 billion National Reconstruction Fund, is about to start investing in Australian companies, according to industry minister Ed Husic. The NRF Corporation – the independent body administering the fund – “will soon be cutting its first cheques”, according to…

Best of the week — the five most popular stories among readers, September 9 – September 13, 2024

What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) AIM Defence opens new anti-drone laser factory Laser-based anti-drone system maker AIM Defence has expanded into a 4000 sqm facility to support the manufacture and export of AIM’s Fractl Counter Uncrewed Aerial Systems (C-UAS) laser. The new facility will house a skilled…

Solar above, batteries below: here’s how warehouses and shopping centres could produce 25% of Australia’s power

By Bruce Mountain, Victoria University Imagine if Australian cities became major producers of clean energy, rather than relying on far-flung solar and wind farms. Far fetched? Hardly. Our cities and towns are full of warehouses, commercial areas, shopping centres and factories. These types of buildings have one very important underutilised resource – large expanses of…