Just when it had looked as if control of Australia’s largest cotton processor, Namoi Cotton would fall to one Singapore predator, another Singapore company which had been the underbidder has stepped back into the ring. Olam Agri Holdings announced today that it would increase its offer to buy the company to 66 cents cash, trumping…
Details
James Cook University has claimed a new compound developed by their researchers is a potential “game changer” against corrosion, and is seeking industry partners to get it into new paints. According to a statement from JCU on Thursday, a research team led by Professor Peter Junk has developed a compound combining “an organic corrosion inhibitor…
Details
The Western Australian government has announced $18.4 million for an additional 50 standalone power systems to be installed by Horizon Power. In a statement on Wednesday, the WA government said that it was committing the funds to the state budget, as well as another $8 million “to support local businesses to manufacture wind turbine components.”…
Details
The largest end-of-life vehicle recycler in the UK, EMR has acquired ‘a significant stake’ in Australian recycling company Renewable Metals in a multi-million dollar deal which will see a novel demonstration-scale battery shredding and critical minerals refining plant built in the UK. Renewable Metals has developed a highly differentiated recycling process which has fewer steps…
Details
By Peter Roberts Defence Minister Richard Marles is comfortable with the possibility of Australia’s most successful locally owned defence manufacturer, Austal, falling to overseas ownership. I, for one, am not. In April Korean defence group Hanwha bid to buy Austal, emerging into the open after months of speculation that the company was a takeover target.…
Details
Increased copper production in Chile and the positive outlook for copper are driving growth of the Chilean business of mining equipment manufacturer Austin Engineering. The Perth company told investors that Austin Chile had won a $2.5 million order for a full Cat 7495 dipper bucket for a local customer – a product it acquired with…
Details
Today our editorial series – Towards 3% R&D – Turbocharging Australia’s Innovation Effort – turns to successful overseas models boosting innovation such as the US SBIR model. By Jefferson Harcourt. Research and Development (R&D) is essential in driving economic growth and maintaining a competitive advantage, and in Australia there’s a pressing need to enhance R&D…
Details
AML3D expands scope of work for DSTG with new contract Wire arc additive manufacturing company AML3D has announced a contract with Toolcraft Australia to supply a six-part nozzle assembly for the Defence Science and Technology Group project. In a statement on Wednesday, AML3D said the $350,000 contract follows successful delivery of a four-stage nozzle assembly…
Details
Battery technology company Li-S Energy has announced that its GEN3 semi-solid-state lithium sulfur (Li-S) battery cells have successfully passed a series of nail penetration tests with the results exceeding both the civilian and US military performance standards. The company tested its multi-layer semi-solid-state 2.5Ah lithium sulfur cells built on the company’s Phase 2 micro-production line…
Details
Modular relocatable carpark manufacturer, PARKD is bringing a new level of prefabrication to the construction of multi-level car parks. The company’s modular design allows car parks up to six levels to be fabricated offsite and assembled to increase parking at shopping centres, airports and commercial sites. The listed Western Australian company released its results for…
Details