Interconnector likely to cut electricity costs

The Australian Energy Regulator (AER) has given approval for construction of an interstate electricity connector which has the potential of stimulating green-power investment and lowering eastern state power prices. The AER today approved the new South Australia-New South Wales interconnector, which will connect wind and solar production in South Australia with the east’s major electricity…

Bisalloy partners for market expansion

High strength steel manufacturer Bisalloy (ASX: BIS) is partnering with Singaporean/Chinese manufacturer Leong Jin (Changzhou) Special Steel to better penetrate Australian and South-East Asian steel markets. Bisdalloy will complement its range with Leong Jin product in Australia and the two companies will jointly pursue sales and distribution opportunities in Thailand, Indonesia and New Zealand. Bisalloy…

Lithium Australia wins backing for battery cathode production

The Advanced Manufacturing Growth Centre has backed Lithium Australia’s development of a battery cathode manufacturing capability. AMGC will co-fund a project with Brisbane’s VSPC, a subsidiary of Lithium Australia (ASX: LIT) to develop its technology to manufacture lithium ferro phosphate cathode material from recycled material. Lithium Australia is developing a circular economy approach to mining,…

RUAG expands F-35 actuator capabilities

Global aerospace manufacturer RUAG Australia has expanded and upgraded its Bayswater factory to deliver larger volumes of hydraulic actuators for the F-35 Lightning fighter jet. The company’s Hydraulic Actuator Centre of Excellence is the sole global source supplier for the uplock actuator systems which open and close the bay doors of the F-35, with the…

Anatara Lifesciences gets good news on GaRP supplement

Anatara Lifesciences (ASX:ANR) has released encouraging pre-clinical trial data of its Gastrointestinal ReProgramming (GaRP) dietary supplement which targets diarrhoea. The company is now targeting the second half of this year for human trials of GaRP which treats underlying causes such as irritable bowel syndrome (IBS) and inflammatory bowel disease (IBD). “Anatara believes its GaRP dietary…

Admedus receives approval for human heart valve implants

Heart surgery product developer Admedus (ASX: AHZ) has received approvals for its first in-human trial at Leuven University Hospital of the company’s proprietary ADAPT single-piece 3D aortic valve. The Belgian surgeon Professor Bart Meuris will conduct the trial of 15 patients who will be followed up six month after receiving the ADAPT implant. Results of…

ImpediMed books strong growth for SOZO device

Brisbane medical software and hardware group ImpediMed (ASX:IPD) recorded total revenue for the second quarter of the financial year of $1.5 million, up 63 per cent on the previous corresponding period. The company is on track to achieve full year sales of more than $7 million, according to a market update. The company’s devices and…

Lepidico makes progress in lithium chemicals

Lithium chemicals company Lepidico (ASX: LPD) has successfully produced lithium hydroxide monohydrate (LOH) suitable for battery production from its Perth pilot plant operation (pictured). The results were achieved in a batch trial of Lepidico’s proprietary LOH-Max process, with impurity levels comparable to lithium produced using conventional methods. Purities of greater than 56.5 per cent LOH…

Austal wins $15 million catamaran order

Perth international shipbuilder Austal (ASX: ASB) has won a $15.5 million contract to build a 41 metre high-speed catamaran ferry for STGM Mauritius. The vessel will be built at the company’s leased shipyard Austal Vietnam which is completing the construction of a 94 metre ferry for a customer in Trinidad and Tobago. Austal builds aluminium…

XTEK to launch new body armour for women

Canberra and Adelaide defence equipment supplier XTEK (ASX: XTEK) will launch three new products at Shot Show, the world’s largest shooting and hunting outdoor show to be held in Las Vegas later this month. The producer of ballistic products, unmanned aerial vehicles and advanced composites will launch new soft body armour designed for female users…