Victorian government announces funding increase for recycling initiatives
The Victorian government has announced extra funding to encourage recycling and waste minimisation in the state’s businesses.
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What next but graphene safety boots
Graphene materials company First Graphene and boot maker Steel Blue have developed a graphene enhanced safety boot. The companies showcased the new boots, which incorporate the carbon-based nanomaterial in thermoplastic polyurethane (TPU) boot soles and foam innersoles at a presentation at the company’s commercial graphene facility at Henderson in WA. The companies have developed a…
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Blackmores to refocus after poor year
Vitamin manufacturer Blackmores is to refocus its business and streamline product development after net profit after tax plunged by 47 per cent to $18 million in the December half year. The Sydney company announced first half revenue down five per cent on the previous corresponding period to $303 million, with Australian sales down 20 per…
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Canberra exaggerates jobs created by F-35
Estimates widely vary of the number of jobs created by Australia’s role in making components and systems for the F-35 Lightning aircraft. While 50 companies share in $1.7 billion worth of contracts, new doubts have emerged about estimates from Defence that this was “tracking to 5,000 jobs”. The claim, made in November Senate estimates hearings,…
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NSW TAFE review announced
The NSW government has announced a review of the state’s $2.3 billion TAFE system, headed by businessman David Gonski and Western Sydney University Chancellor Peter Shergold, which will report back by July.
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PPK turnaround continues with modest loss
Mining products and services group PPK has continued its turnaround cutting its losses from $1 million the previous corresponding period to only $50,000 in the first half of the financial year. The maker of Rambor and PPK Mining Equipment boosted revenues 11 per cent to $22.05 million in the half, withd a $3 million EBITDA…
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Lithium Australia advances towards patent protection
Chemicals technology group Lithium Australia has achieved further steps in the progress of gaining patent protection for its LieNA process for extracting lithium from its ores.
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Soldiers to train in use of Australian-developed metal 3D printers under new trial
A 12-month trial between the Australian Army, Charles Darwin University and 3D printer manufacturer SPEE3D has been launched, and will provide training to soldiers for “3D printing in the field.”
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We won’t have fusion generators in five years. But the holy grail of clean energy may still be on its way
Recent reports from scientists pursuing a new kind of nuclear fusion technology are encouraging, but we are still some distance away from the “holy grail of clean energy”.
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Weak markets, coronavirus hit BlueScope profits
International steelmaker and value-added products group BlueScope steel’s profits have plunged as a hit from weaker market conditions was compounded by the effects of the coronavirus. The company, which has extensive operations in China, Asean, the United States and Australia, reported net profit after tax down 70 per cent in the first half to $185.8…
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