Biotechnology giant CSL has stepped up the fight against Covid-19 with the announcement it has begun trials to evaluate its monoclonal antibody CSL312 for respiratory distress. The company’s CSL Behring arm has begin phase II placebo-controlled studies on the safety and efficacy of the garadacimab, Factor XIIa antagonist monoclonal antibody for patients with Covid-19 related…
Details
Comment by Peter Roberts Rio Tinto will close New Zealand’s largest aluminium smelter operated by New Zealand Aluminium Smelters (pictured) in what should be a stark warning to the Coalition dithering on energy policy. A strategic review of the smelter which produces 335,290 tonnes of ultrahigh purity aluminium from Australian bauxite found the business is…
Details
Sydney premium vitamin manufacturer Blackmores has found strong investor support for its capital raising with a share purchase plan closing significantly over-subscribed. The company had beem planning to raise $25 million but received applications from existing shareholders for new shares worth $77 million. The company decided to scale back allocations to individual investors on a…
Details
Carbon fibre composite automotive wheel manufacturer Carbon Revolution has revealed that the Covid-19 pandemic is affecting demand for its product. The Geelong producer told investors that its sales growth was being affected, in turn cutting growth projections in the first half of the financial year. As recently as April Carbon Revolution was bullish about its…
Details
Composites manufacturer Quickstep Technologies has supplied the United States Marine Corps’ AV-8B Harrier fleet with 260 urgently needed, obsolete aircraft parts. Sydney-based Quickstep produced the parts for the vertical short takeoff and landing (V/STOL) aircraft on short notice under a contract with Boeing Global Services. Originally built by McDonnell Douglas, the Harrier II is a…
Details
Semiconductor device developer Bluglass will develop new machinery to manufacture devices such as laser diodes, LEDs and microLEDs with the aid of a grant from the Advanced Manufacturing Growth Centre. AMGC will contribute $250,000, matched by the company, to a project to manufacture more efficient plasma deposition sources for the company’s 300 series RPCVD systems.…
Details
Australian Parliament will listen to witnesses about the importance of strong domestic supply chains, collaboration, and resilience for manufacturers at a public hearing on Thursday.
Details
Indigenous Business Australia has built a satellite ground station at Alice Springs – the first development of its kind on aboriginal owned land. The ground station, fully built, project-managed and owned by indigenous companies, will transform Australia’s capability in earth observation. The new infrastructure has the potential to reduce the latency for high resolution earth…
Details
Oz Health Plus has purchased machinery from Germany’s Oerlikon Nonwoven for producing fabric for medical masks, filling what it says is an important supply chain gap for Australia.
Details
Perth shipbuilder Austal has delivered the first of two 118 metre long car and passenger ferries to shipping line Fred Olsen Express. The Bajamar Express (pictured), part of an order worth $190 million, was handed over at a ceremony held at Austal’s shipyard at Henderson, south of Perth. The aluminium trimaran, capable of transporting more…
Details