Fortescue continues to make progress towards its goal of being the number one green technology, energy and metals business, according to its latest quarterly report. While iron ore shipments totalled 45.9 million tonnes (Mt) in Q1 FY24, attention was on achievements in the company’s move into the green energy space. During the quarter Fortescue: Completed…
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Space facilities owner Southern Launch has welcomed the signing of a Technology Safeguards Agreement (TSA) between Australia and the US which will allow for the transfer of US space technology, including rockets and satellites, between the two countries. Southern Launch CEO, Lloyd Damp said: “The TSA is a game-changer for Southern Launch. “The US space…
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The federal government has announced that it has reached an agreement to invest $69.2 million in the Stanwell Corporation-led Central Queensland Hydrogen Hub in Gladstone, with construction expected to begin next year. According to a joint statement from the federal and state governments on Thursday, the hub will create “over 8,900 jobs including roles in…
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Winners of Weld Australia’s NSW and ACT Welding Excellence Awards were named at an event in Sydney on Wednesday night. The industry peak body held the event at Waterview in Bicentennial Park, Sydney, and described them as showcasing and celebrating “the world-class work being undertaken by local welders, fabricators and industry educators” over the last…
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Low Emission Technology Australia (LETA), a group that invests money in decarbonisation technology on behalf of the coal industry, has announced a commitment for $6 million in support for a project to demonstrate carbon capture from clinker production. In a statement on Thursday, LETA said it was partnering with KC8 Capture Technologies on the PACER…
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The federal government has announced a $2 billion expansion in critical minerals financing, doubling the capacity of the Critical Minerals Facility to finance critical minerals mining and processing projects. The funding would solidify Australia’s position as a world leading provider, help the transition to net zero, boost the economy and support more jobs and opportunities…
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Drone countermeasure manufacturer DroneShield Lhas added long-range RADA RPS-82 radar capabilities to its flagship DroneSentry drone detection system. RPS-82 provides DroneSentry operators with a significantly enhanced radar detection, classification and tracking range for wide area, multi-mission requirements, according to the Sydney company. “With DroneSentry’s compatibility with multiple radar platforms, DroneShield can offer both high-performance and…
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Healthcare manufacturer Viatris Australia has announced the Australian Made, Australian Grown (AMAG) logo has now been added to 50 of its Australian medicine products. In what the company describes as a first for a prescription medicine manufacturer in Australia, 50 products manufactured in Carole Park, Queensland, now showcase the logo. Products bearing the AMAG logo…
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Pain-free diabetes testing, a new vessel to track climate-change data and sensors for driverless cars are some of the innovations being supported through new funding from the federal government. Eighty projects across 25 lead agencies received $650 million in funding from the National Collaborative Research Infrastructure Strategy (NCRIS) from 1 July 2023 to 30 June…
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Eminent Australian political leader Kim Beazley has weighed in on the AUKUS submarine debate, writing that the submarines were necessitated by Australia’s strategic position in our region. Beazley, a former Governor of Western Australia, Ambassador to the United States and federal opposition leader, said Australia’s nuclear-powered submarines would be worth the wait, and the cost.…
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