Maggie Beer slims down, moves online

Maggie Beer achieved close to $100 million in sales for the year ended June 30 as its e-commerce and Hampers & Gifts Australia powered its latest results. The Tanunda, Barossa Valley company, which is divesting itself of its two dairy company assets which underperform the Maggie Beer brand, reported $10.3 million in trading EBITDA on…

Myriota IoT monitoring project wins environment award

An Internet-of-Things (IoT) and low-cost satellite telecommunications system developed by Adelaide’s Myriota has won the Environment and Sustainability award from the Asia Pacific Spatial Excellence Awards. The company and its partners NGIS, FrontierSI and the South Australian Department for Environment and Water, developed the system that improves groundwater bore monitoring and management, dramatically increasing understanding…

Osteopore heads for China market

Bone reconstruction technology company Osteopore is heading for the China market, signing a distribution agreement with Kontour (Xi’an) Medical Technology Co. Ltd to market and sell its products within the People’s Republic. Kontour is listed on the Shanghai stock exchange and is a leading manufacturer and distributor of surgical supplies across mainland China. It manufactures…

Austin Engineering to buy Mainetec

Austin Engineering will expand its range of mining excavator buckets, purchasing the business of Mainetec for upwards of $19.6 million, funded through existing debt facilities. Mainetec designs, builds and refurbishes mine buckets including the Hulk bucket range (pictured), and has significant overseas markets in the Americas which complement Austin’s own. It also manufactures rope shovels…

First GREENSTEEL pellets made at Whyalla steelworks

GFG Alliance’s mining arm, SIMEC Mining has produced its first high quality GREENSTEEL pellets that will underpin the future of steel production utilising hydrogen rather than coal at GFG’s primary steelworks at Whyalla, South Australia. The pellets were produced from the company’s Duchess South drill core in the Southern Middleback Ranges using innovative technologies proposed…

Optiscan Imaging to market InVivage imaging device

Confocal microscopy manufacturer Optiscan Imaging has moved to list its new oral tissue imaging device for sale in the United States. The Mulgrave, Melbourne company announced its submission of its US Food and Drug Administration pre-market notification (510(k)) application for its ultra small InVivage imaging device (pictured). Billed as the next generation, non invasive instantaneous…