The Auto Express 109, the first of a new class of fast ferry built by Austal in Perth, has been honoured by the Royal Institute of Naval Architects (RINA). Designated by the company as Hull 393, the game-changing vessel has been included in RINA’s listing of Significant Ships of 2019. Built for MOLSLINJEN A/S of…
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Pharmaceutical developer Noxopharm has been awarded patent protection for its Veyonda treatment for late-stage cancers. The patent, one of a number of families of patents the company is seeking in major drug markets, is for a suppository formulation including the drug idronoxil. Idronoxil is an inhibitor of sphingosine-1-phosphate (S1P) – a messenger in cells that…
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The Hazer Group has executed an agreement with the Australian Renewable Energy Agency that will see it develop a $16.5 million commercial demonstration plant to produce low emission hydrogen from methane biogas. The agreement with the Perth company will see ARENA provide $9.41 million in funding to the project to construct the Hazer Process Commercial…
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A dozen Australian Defence Force engineers are assisting manufacturer Med-Con keep up with increased demand due to the novel coronavirus outbreak.
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The federal government has reached out to the manufacturing sector to help defeat the coronavirus now threatening Australia. The government has issued a request for information from companies capable of supplying medical personal protective equipment (PPE). This includes surgical gowns, gloves, goggles, hand sanitisers, clinical waste bags, waste bag closure devices (ties), blood and fluid…
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The Victorian government has announced it will introduce legislation overturning an effective ban on onshore gas extraction in the state.
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Magnis Energy Technologies (ASX: MNS) has reaffirmed its commitment to financing a $2 billion lithium-ion battery cell gigafactory in Townsville being developed by Imperium3. The company lodged its feasibility study for the an 18GWh mega factory to be built in three stages with the Queensland government in October. Magnis, which owns a third of Imperium3,…
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Only a day after its shares plunged 18 per cent on bad news, hearing implant manufacturer Cochlear has been hit again by more adverse news. But instead of falling further, by late this morning the company’s shares had risen 0.85 per cent or $1.49 to reach $176. On Monday @AuManufacturing reported that Cochlear had abandoned…
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By Peter Martin, Visiting Fellow, Crawford School of Public Policy, Australian National University The government is planning to deliver a second coronavirus economic support package within days, and the Reserve Bank will announce “further policy measures” to support the economy on Thursday. The bank sometimes uses the phrase “policy measures” to describe adjustments to its “policy…
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Australian Vanadium’s ambitions to mine and process vanadium from its mine in Western Australia have brightened with the completion of a critical stage of pilot plant tests. The company’s pilot plant at Balcatta in Perth treated 20 tonnes of ore and validated and optimised the grinding, separation, thickening and concentration steps achieving up to 76…
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