Bega Cheese has greatly expanded its manufacturing and brand footprint in the food and beverage sector with the purchase of Lion Dairy & Drinks for $534 million. Bega will take over the business at the end of January 2021, adding to its cheese and spreads businesses numerous milk drinks, yoghurt, cream, and fresh juice brands.…
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Ophthalmic treatment device manufacturer Nova Eye Medical has reported strong sales for its glaucoma surgical device business in the four months to 31 October. The company sold iTrack and Molteno3 devices worth $4.4 million, up from $2.6 million in the four months to 30 June when sales were affected by Covid-19 lockdowns. iTrack is a…
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Construction will begin by August on Australia’s first remote microgrid using renewable-generated hydrogen, producing 526 MWh of dispatchable renewable electricity, enough for 100 residential homes. The demonstrator plant will be built in Denham, Western Australia — on the state’s coast and 830 kilometres north of Perth — and be connected to Denham’s hybrid power station.…
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Biomethane technology is no longer on the backburner in Australia after an announcement this week that gas from Sydney’s Malabar wastewater plant will be used to power up to 24,000 homes.
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Rare earths producer Lynas Corp has identified further light and heavy rare earths resources at depths previously not investigated below the main orebody at its Mt Weld mine in Western Australia. Lynas has successfully established two new bores to a depth of 100 and 106 metres below the current pit floor where it encountered ‘significant…
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Mitsubishi Heavy Industries will invest capital in green hydrogen developer H2U Investments and deliver the front end engineering and design study for the company’s Eyre Peninsula Gateway project in South Australia. The $240 million project, which includes a 75MW electrolyser near the regional city of Whyalla capable of producing enough hydrogen to create 40,000 tonnes…
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Innovative Australian company, JUC Surf, this week took out the popular award as one of six finalists in the world’s largest global startup booster competition for composites and advanced materials.
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There needs to be a return to Australia’s “reformist zeal” around tech and innovation and a move away from the current hands-off approach, according to shadow innovation minister Clare O’Neil.
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Yara Pilbara Fertilisers which controls 20 per cent of the global ammonium trade is considering switching feedstock for its Burrup Peninsula production facility in in Western Australia from natural gas to green hydrogen. The Australian Renewable Energy Agency has published details of Yara’s $3.8 million feasibility study into production and export of renewable hydrogen and…
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South Australian coal gasification company Leigh Creek Energy has made progress towards the production of urea fertilisers with the issue of a petroleum production licence by the South Australian Government. The licence envisages that commercial syngas production from the former Leigh Creek brown coal reserve in the state’s north could begin within 24 months. Leigh…
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