Lithium ion battery recycler Envirostream has won a contract from Korean-owned LG ENERGY Solutions (LGES) to process its spent residential and grid-scale lithium-ion batteries at its Victorian plant. Envirostream, a subsidiary of Lithium Australia, will process a minimum of 250 tonnes of LG batteries a year, equal to about 5,000 batteries and about 25 per…
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Australian and Indian space industry companies are looking to greater opportunities through collaborating following our participation in this year’s Bengaluru Space Expo held in the technology-intensive city formerly known as Bangalore. Australia was the partner country in this year’s expo, with companies signing six new industry-to-industry memorandums for collaboration, with the aim to boost commercial…
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HySupply green hydrogen export roadmap released The UNSW Sydney-led HySupply Australia Consortium has released a supply-side roadmap for fostering a green hydrogen export supply chain with Germany. The HySupply Supply-Side Roadmapping Exercise, developed with Deloitte, involved consultations with more than 50 hydrogen experts across industry, academia, government and relevant agencies. HySupply is a joint collaboration…
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The state government has announced $2.4 million in funding to establish the Victorian Connected Health Innovation and Commercialisation Centre. The centre in Melbourne’s CBD will be delivered by ANDHealth, a health technology-focussed deliverer of accelerator, incubator and commercialisation programs. It will be funded through the Victorian government’s Australian Medtech Manufacturing Centre and Biotechnology Fund. According…
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Today as part of @AuManufacturing’s series looking forward from the Jobs and Skills Summit, Mark Leith proposes a radical re-think of Australia’s procurement practices. If Australia is to meet its revised 2030 emissions reduction targets, early action to accelerate zero emission bus and truck adoption is essential. While the business case for fleet electrification and…
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By Peter Roberts It is understandable for a party like One Nation to be advocating a policy as dumb as its Project Iron Boomerang steelmaking plan for Australia, but it is dumber for the Senate to vote to support it as well. But that is what the Senate has done passing a motion establishing an…
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EOS appoints new CFO Australian space and defence company Electro Optic Systems (EOS) has appointed a new chief financial officer (CFO), Clive Cuthell. Cuthell will work from EOS’s Canberra head office and report directly to CEO Dr Andreas Schwer. His career includes over 15 years in a CFO role at a variety of ASX-listed and…
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Mars Wrigley has announced it will invest a further $25.5 million at its Ballarat site over the next 12 months, improving its ability to innovate across its Bitesize Portfolio. It follows $67 million invested at the site over the last two years, according to Mars Wrigley. As well as activities in the Bitesize Portfolio –…
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The world’s biggest source of critical minerals outside China, Lynas Rare Earths, has secured further backing in Japan to develop its Mt Weld rare earths resource in Western Australia. Lynas has announced an agreement with Japan Australia Rare Earths B.V. which will provide US$9 million through a subscription to Lynas shares to help fund an…
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Electric vertical take-off and landing aircraft manufacturer AMSL Aero has announced closure of a $23 million Series B round as it progresses commercialisation of its Vertiia vehicle. The Australian Financial Review reported on Tuesday that the round involved the St Baker Energy Innovation Fund, IP Group Australia (which invested $3 million in AMSL’s Series A),…
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