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…
Australian manufacturing conditions deteriorated further in March as political uncertainty and global trade disruptions weighed on business confidence, according to the latest Ai Group Australian Industry Index released on Tuesday. The Australian manufacturing PMI fell by 17.8 points to -29.7, deepening the sector’s contraction. This stands in contrast to the S&P Global Australia Manufacturing PMI,…
Australian manufacturing conditions improved at their fastest pace since late 2022 in March, according to S&P Global data released on Tuesday. The headline S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) posted 52.1 in March, up from 50.4 in February, marking the third consecutive month above the 50.0 neutral threshold. New orders grew at their…
Swinburne University of Technology announced on Sunday an investment in H3D, supporting the commercialisation of AI-driven technology for dental devices based on research conducted at the university. H3D, which has already transformed the audio manufacturing industry by automating the design of custom hearing aids and related products, will now expand its cloud-based AI Computer-Aided Design…
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…
Brisbane-based EV charging startup EVOS signed a licensing agreement with Japanese manufacturer FKK to produce and sell its electric vehicle charging solutions in Japan, the company announced on Wednesday. The agreement allows EVOS to enter the Japanese market while FKK gains access to EVOS’ energy management cloud platform and Grid Integration Device systems. FKK, a…
Livium’s battery recycling division Envirostream has started receiving initial volumes under new long-term agreements with major clients including BYD and ZECO Energy, according to an announcement released on Monday. The company stated it is focusing on growing end-of-life battery volumes while seeking partners to scale operations to meet future demand, which it estimates will create…
South Australia welcomed its first cohort of 30 trainees and apprentices under two new defence industry pathways programs aimed at building the skilled workforce needed for Australia’s nuclear-powered submarines and naval vessels, Defence Industry Minister Pat Conroy announced on Monday. The Defence Industry Pathways Program and the Shipbuilding Employment Pathways initiative will ultimately provide training…
Oceania Glass, Australia’s only architectural glass manufacturer, collapsed after its private equity owner declined to fund a $21 million plant upgrade, administrators told creditors on Sunday. The 169-year-old company, which supplied large glass panes for Parliament House in Canberra, appointed Grant Thornton as administrator on February 4 after facing liquidity issues. Administrator Lisa Gibb informed…
The Albanese government announced $750 million in funding to support the development of new technologies for Australia’s metals manufacturing sector, according to a joint media release on Friday. The investment aims to help metals manufacturers remain globally competitive while reducing emissions and is part of the $1.7 billion Future Made in Australia Innovation Fund announced…