Packaging giant Orora Limited (ASX: ORA) today reported big revenue gains and a profit jump in its latest financial year. The company, the de-merged Australian operations of the global AMCOR packaging group, saw a 12 per cent boost in revenues to $4.25 billion. The company also announced net profit was up 1.4 per cent to…
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Two groups progressing to manufacture modern batteries and systems in Australia have received government funding boosts. Queensland battery system manufacturer RedEarth has received a $5 million investment from the $80 million Queensland Government Business Development fund. The investment, which matches 4.75 million raised from investors, will boost production of the company’s residential and commercial scale…
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Global lead prices and fears of lead pollution are rising in the South Australian regional centre of Port Pirie as the town’s giant Nystar metals smelter enters its second prolonged period of shut down this year. The smelter has been shut since early this month when its’ top submerged lance furnace suffered damage, allowing molten…
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By Jeff Seadon, Auckland University of Technology Recycling in Australia used to be fairly simple. Our older readers may remember bottle drives, paper and cardboard collections, and the trip to the scrap metal merchant to sell metals. This is called, in recycling parlance, sorting the “streams”. It creates very clean recycling that requires little sorting…
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One of the leading Australian players in the Chinese wine market will increase production after purchasing a major vineyard in the Barossa Valley.
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Biotechnology and blood plasma business CSL (ASX: CSL) powered ahead in the latest financial year recording net profit of more than 1.9 billion, up 17 per cent on the year before. The Parkville, Melbourne based company expects this year to show another profit growth of seven to 10 per cent as it executes its strategy…
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Lithium Australia (ASX: LIT) has successfully refined lithium phosphate from spent lithium-ion batteries (LIBs), and is proceeding to manufacture cathode powders. The company, announced it was producing lithium-ferro-phosphate (LPT) coin cells to test the performance of its re-birthed cathodes, effectively proving its novel battery recycling technologies. The Perth company has also recovered nickle and cobalt…
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Australian-Israeli audio developer Audio Pixels is closer to its goal of a fully digital speaker system following the rectifying of a manufacturing fault that had held up development. The company, valued at $502 million on the Australian exchange, has been developing its digital speakers since 2006 at its Israeli technical centre. However micro-faults in the…
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Radar and communications specialist CEA Technologies has signed the first contract under the Defence Export Facility.
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Research released on Tuesday by Chemistry Australia estimates the chemical sector’s annual economic contribution to Australia as $37.7 billion and 212,000 full-time jobs, and found that each petajoule it uses creates 33 times more value than the LNG industry and 68 times more value than if that gas was used to create power.
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