U.S. Export Import Bank considers loaning up to $200 million to Latrobe Magnesium

Latrobe Magnesium, which is commercialising a method of extracting magnesium and other useful material from brown coal fly ash, is one of seven Australian companies receiving Letters of Interest (LOIs) totalling over $US 2.2 billion (approximately $3.4 billion) from lender the U.S Export Import Bank (EXIM.) According to a statement from Latrobe Magnesium, EXIM’s financing…

The global race is on to secure critical minerals. Why do they matter so much?

By Amir Razmjou, Edith Cowan University Critical minerals are having a moment. Prime Minister Anthony Albanese is at the White House to talk up Australia’s rich deposits with President Donald Trump. China, which has a global stranglehold on rare earth elements, recently imposed new export restrictions, much to Trump’s annoyance. It’s clear there’s an era…

Anguses in tech leadership team reshuffle at DroneShield

Drone countermeasures company DroneShield has promoted its software engineering team leader Angus Harris to CTO, with Chief Product & Technology Officer Angus Bean moving into the role of Chief Product Officer. According to a statement from DroneShield, which recently became an ASX200 company, Harris’s appointment reflected the company’s “continued growth and organisational maturity” as it…

Another $9.3 million awarded to submarine qualification program

The federal government has awarded $9.3 million through the second stage of the Australian Submarine Supplier Qualification pilot program (AUSSQ), focussing on “industry uplift activities involving air and gas flasks, and fabricated parts.” The funding covers “additional work packages” and will help “build skills, create jobs, and strengthen our national security through industrial base collaboration…

Best of the week — the five most popular stories among readers, October 13 – October 17, 2025

What were the five biggest stories of the week? Here’s what visitors to @AuManufacturing were reading. 5) Former Queensland premier appointed chair of Advanced Materials and Battery Council Industry lobby group the Advanced Materials and Battery Council (AMBC) has rejigged its leadership team, with former Queensland premier Annastacia Palaszczuk (pictured) appointed its new chair. In a statement Monday,…