Leading prestige winemaker Treasury Wine Estates has all but moved on from the disruptions caused to its businesses by Covid-19 and punitive Chinese trade attacks against Australia. At the company’s annual general meeting this morning chairman Paul Rayner and CEO Tim Ford paid more attention to progress achieved in their new strategy of premiumisation of…
BHP is planning to enter into renewable energy supply arrangements to enable the giant Olympic Dam copper, gold and uranium mine in South Australia to reduce its greenhouse gas emissions to zero for 50 per cent of its electricity consumption by 2025. Energy will be supplied by clean energy supplier Iberdrola Australia, including from the…
A new partnership between mining equipment manufacturer Austin Engineering and a Mexican manufacturer is set to strengthen the company’s market position in the United States and central and northern South American markets. The partnership, part of a new ‘hub-and-spoke’ market strategy adopted by Austin after a strategic review, will see Mexico’s Melter manufacture Austin heavy-haul…
Fertiliser, chemicals and explosives group Orica today announced its ambition to achieve net zero emissions by 2050, eclipsing its previously announced medium-term target to reduce scope 1 and 2 operational emissions by at least 40 per cent by 2030. The new ambition covers the company’s scope 1 and 2 greenhouse gas (GHG) emissions and its…
Engineers from UNSW have helped to discover a cheap new way to capture and convert CO2 greenhouse emissions into a useful, solid carbon form using liquid metal. The process can be done at room temperature and uses liquid gallium to convert the carbon dioxide into oxygen and a solid carbon product that can later be…
Mining group Rio Tinto is progressing an innovative new technology to deliver low-carbon steel, using sustainable biomass in place of coking coal as a reductant in the steelmaking process, in a potentially cost-effective option to cut industry carbon emissions. Rio Tinto has spent 10 years to develop a laboratory-proven process that combines the use of…
Energy storage developer 1414 Degrees has signed agreements with Woodside Energy Technologies to support further development and potential partnership in the future commercialisation of 14D’s SiBox silicon energy storage technology. 1414 Degrees have been working with Woodside to establish a suitable validation project that will assess the commercial potential of 14D’s thermal energy storage technology,…
The structural manufacture of the first steel prototype unit for the Hunter Class Frigate Program, the largest surface shipbuilding project in Australian history, has been completed at the Osborne naval shipyard in Adelaide. BAE Systems Maritime Australia completed the conversion of more than 28 tonnes of Australian steel into the 217sqm unit (pictured), which has…
Analysis by Peter Roberts The announcement by defence, space and communications manufacturer Electro Optic Systems that it is to spend US$300 million building four communications satellites is an extraordinarily bold move for an Australian technology company. But it it the culmination of decades of quiet research and development and careful corporate-building which has put the…
Bubs booms on China infant formula sales Infant formula and children’s nutrition product manufacturer Bubs Australia has gross revenue of $18.5 million for the first quarter of FY22, nearly double the prior year and up 45 per cent on the previous quarter. Bubs achieved market share gains of 35 per cent for Bubs Infant Formula…