Carbon fibre composite innovator Omni Tanker has gained a $4 million equity investment from the Clean Energy Innovation Fund as part of a $7.9 million capital raising to support its expansion and export growth.
The Coalition will announce $100 million in concessional loans to support recycling by manufacturers, as well as extra funding for Cooperative Research Centres for research projects on recycling.
Comment by Peter Roberts Tony Abbott, the prime minister that oversaw the death blow to Australia’s car industry, went on a bizarre rant over the industry at an electorate debate on Thursday. Abbott made ridiculous claims that a move to electric vehicles (EVs) would mean “no Hiluxs … no Taragos, no SUVS, no utes”. Toyota…
The South Australian government has used its leverage to force Belgian metals group Nystrar to pay back its first instalment of a $291 million loan made to help rebuild the Port Pirie silver, lead and zinc smelter. Treasurer Rob Lucas used his power to approve or veto a takeover of Nystar to negotiate the making…
Canadian conglomerate BRP has purchased 80 pert cent of the shares in leading Australian aluminium leisure craft and trailer builder, Telwater Pty Ltd. BRP Marine, which owns the Evinrude, Alumacraft and Manitou brands, will increase its global reach by buying Australia’s number one builder of aluminum boats from owner, Paul Phelan. Phelan, Telwater’s managing director,…