The development of a new rare earths resource at Dubbo in New South Wales has taken a step forward with the completion of due diligence by a group of South Korean Investors. The investors, Cerritos Holdings Co., Ltd, Kamur Partners LLC and ACE Equity Partners LLC, completed their appraisal of the Australian Strategic Materials Limited…
Fortescue Future Industries has entered into an agreement to buy F1 racing-related Williams Advanced Engineering. FFI said today the purchase would set the pace for ground-breaking innovation in the green energy space, bringing together leading thinkers and engineers in areas such as high performance battery systems and electrification. WAE, an offshoot of the Williams F1…
By Peter Roberts Another free trade deal, another disappointment. It seems the benefits to the wine industry from the recent, much-vaunted free trade deal with the United Kingdom are to be negated by a rise in UK wine import duties. Media reports suggest that a $49 million benefit for Australian wine growers from the recently…
A new virtual reality tool that manipulates digital human mannequins to solve ergonomic challenges posed by military vessels is one of five cutting-edge ventures to receive funding as part of the latest round of grants from the Defence Innovation Partnership’s Collaborative Research Fund (CRF). The University of South Australia, with partners The University of Adelaide…
Hazer’s commercial demonstration plant strikes trouble with imported reactor vessel Perth’s Hazer Group’s plans to build a demonstration plant to produce hydrogen from biogas has stuck yet more trouble with news that a defect has been identified in the main reactor vessel being manufactured in China. The project at the Western Australian Water Board’s Woodman…
The world’s first liquefied hydrogen carrier Suiso Frontier has arrived at the Port of Hastings in Victoria to test the viability of a hydrogen export market between Australia and Japan. The Susio Frontier will load what is claimed to be the world’s first-ever cargo of liquified hydrogen produced at the Hydrogen Energy Supply Chain (HESC)…
A defence department backed team at the University of New South Wales has demonstrated that near error-free quantum computing is possible, paving the way to build silicon-based quantum devices compatible with current semiconductor manufacturing technology. UNSW’s Professor Andrea Morello said: “Today’s publication shows our operations were 99 per cent error-free. “When the errors are so…
FYI Resources and Alcoa continue pilot plant operation FYI Resources and alumina and aluminium producer Alcoa have commenced their third extended pilot plant campaign in Perth developing processes to make high purity alumina (HPA). The extended series of one week pilot plant runs incorporates process and operating refinements, helping to optimise FYI’s refining processes. FYI…
Drone detection and countermeasure manufacturer DroneShield has reported a bumper quarterly result and a renewed focus on ‘more business-transparent’ government markets in Australia and the United States. The ASX listed company, which has operations in Australia, the US and the UK, reported cash receipts of $2.6 million in the December quarter, up 53 per cent…
Australia should build, launch and operate a range of satellites to reduce sovereign risk, according to a new report from the prestigious Australian Academy of Science. The Australia in Space: a decadal plan for Australian space science 2021–2030 report released today said Australia’s complete reliance on data from foreign-owned satellites in weather forecasting, resource and…