In a project that sounds like textile alchemy, Deakin University has partnered with Full Circle Fibres and Loomtex to transform Australia’s unwanted wool scraps into premium yarn—proving that one farmer’s trash really can become a fashionista’s treasure. The cleverly named “Mud to Marle” project has successfully demonstrated how low-grade Merino wool fibres, typically destined for chunky homeware,…
Australian heat exchanger specialist Conflux Technology has announced the establishment of its first European business hub in the United Kingdom, marking a significant expansion for the Melbourne-based advanced manufacturing firm. The new facility, announced on Monday, will initially focus on research and development, materials certification, and local supply chain support, with plans to develop into…
The federal government announced plans on Thursday to establish a Critical Minerals Strategic Reserve with an initial investment of $1.2 billion, including a $1 billion increase to the existing Critical Minerals Facility. Prime Minister Anthony Albanese said the initiative would boost Australia’s economic resilience and leverage the country’s abundant resources of critical minerals and rare…
The federal government announced $158 million in funding for three new Cooperative Research Centres (CRCs) on Thursday, with a major focus on manufacturing life-saving medical treatments for diseases including cancer. Industry and Science Minister Ed Husic (pictured) revealed the funding package, which includes $65 million over ten years for the newly established SMART CRC. This…
A viral claim that the Whitlam government signed away 30 per cent of Australia’s manufacturing capabilities in 1975 has been debunked by experts, the AAP FactCheck service revealed on Monday. The false claim, which has resurfaced on social media, alleged that Australia was required to slash its manufacturing sector by 30 per cent under a…
Greensteel Australia has signed a $1.6 billion order for a “next-generation” steel mill to be built in Italy as it advances its plan to take over the troubled Whyalla steelworks. The Sydney-based company finalised the deal with Italian firm Danieli at a contract signing in Adelaide on Sunday. The agreement includes a new plant, two…
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…