Adelaide’s metal 3D printing pioneers AML3D are taking their Aussie-made tech expertise to British shores, securing an $830,000 contract with defence giant BAE Systems. In an announcement released to the ASX on Tuesday, AML3D revealed it will source 8.5 tonnes of Nickel Aluminium Bronze wire feedstock for BAE as part of a material feasibility program—enough…
Australian medicinal cannabis producer ECS Botanics is taking its expansion plans global after securing a significant funding boost from one of Australia’s biggest banks. The Victorian-based cultivator announced on Monday it had increased its National Australia Bank loan facility by $2 million to a total of $5.2 million, while also securing an additional $400,000 for…
Fitch Ratings downgraded Australian steel manufacturer InfraBuild’s Long-Term Issuer Default Rating to ‘CC’ from ‘CCC-‘ on Monday, citing an elevated probability of default on its USD $550 million notes within the next three months. The ratings agency pointed to InfraBuild’s failure to publish audited financial statements for FY24, which were initially due in October 2024…
Livium’s wholly owned subsidiary VSPC has reported increased investor engagement following its recent A$30 million grant from the Australian Renewable Energy Agency (ARENA) for an LFP Demonstration Plant. The company announced on Tuesday that it is actively seeking to close the remaining A$30 million funding gap for the 250-tonne per annum demonstration facility, which will…
Bus manufacturer Volgren reached a historic milestone with the delivery of its 2000th locally built bus from its Eagle Farm facility in Brisbane, the company announced this week. Since opening in 2009, the Queensland facility has been central to bus manufacturing in the state, delivering over 1000 buses to Brisbane City Council and achieving a…
Mill relining systems manufacturer Russell Mineral Equipment (RME) appointed Simon Thompson to the role of Chief Engineer, the company announced on Sunday. Thompson, who will officially commence in the role on 26 March, brings more than a decade of experience in the mining machinery original equipment manufacturer sector. He joined RME in 2018 as Global…
Boral launched an Australian-first proprietary crumbed rubber asphalt bitumen derived from Off the Road (OTR) tyres on Wednesday, claiming the new product can extend pavement life up to twice that of conventional road treatments. The construction materials company has developed the asphalt using end-of-life tyres from front-end loaders and quarry haul dump trucks from its…
Australian steel and aluminium manufacturers faced a significant setback on Tuesday as the White House confirmed there would be no exemption from the 25 per cent tariffs imposed by US President Donald Trump. “He considered it and considered against it. There will be no exemptions,” White House press secretary Karoline Leavitt told Australian media in…
Sphere has taken full control of its manufacturing operations by shifting to in-house production through a partnership with towbar and trailer business Carasel, according to a statement from the company on Tuesday. The strategic move aims to strengthen Sphere’s manufacturing capabilities and support the rapid scaling of HubX development and delivery. The company has also…
Producing iron using renewable hydrogen is Australia’s best pathway to remain competitive as the global steel industry decarbonises, according to research published by Deloitte and WWF-Australia on Wednesday. The report, titled Forging Futures: Changing the nature of iron and steel production, assessed different approaches for Australia to support steelmaking decarbonisation in the Asia-Pacific region, which…
