Australian Manufacturing PMI in April reaches 35-month low amid weak demand
Weak demand in the Australian manufacturing sector has driven the country’s Purchasing Managers Index (PMI) to a 35-month low, according to the latest data from Judo Bank.Â
Quickstep to establish Kansas manufacturing plant to expand US market presence
Aerospace composite manufacturer Quickstep announced the selection of Wichita, Kansas as the preferred location for its first engineering and manufacturing facility in the United States.Â
Silex eyes nuclear fuel production with GLE, Dominion Energy cooperation
Australian laser enrichment technology developer Silex Systems has announced that Global Laser Enrichment (GLE)Â and Dominion Energy Services have signed a non-binding letter of intent to spearhead cooperation in the nuclear fuel supply chain.Â
ReNu Energy invests in Vaulta’s recyclable battery casing technology
ASX-listed company ReNu Energy is expanding its renewable and clean energy portfolio with a $1 million investment in Australian battery casing tech company Vaulta.Â
Nightingale reveals exclusive drone distribution agreement for Australia, NZ
Nightingale Intelligent Systems, a provider of advanced security drones, announced an exclusive multiyear distribution agreement with public safety technology firm Arvensys Group in an effort to supply artificially intelligent security drones to Australia and New Zealand.
Australia’s manufacturing sector contracts for seventh month despite export gains – Judo Bank
Australia's manufacturing sector remained under pressure midway through the third quarter of 2024, with the latest Purchasing Manager’s Index (PMI) data from Judo Bank indicating ongoing deterioration in sector conditions.Â
Core Lithium opens Northern Territory’s first lithium mine
ASX-listed mining company Core Lithium has opened its $89 million Finniss Lithium mine in the Northern Territory. Â
Orbital UAV secures $3m WA grant following performance milestone
Uncrewed aerial vehicle manufacturer Orbital UAV has received a $3 million grant from the Western Australian government after the company reached an agreed performance milestone during the second half of 2022.Â
Australian water treatment manufacturer expands in Asia with new Vietnam HQ
Waterco Limited has expanded its Asian operations with a newly opened branch in Vietnam.Â
Ampcontrol buys Androck to support industry decarbonisation
Australian electrical engineering company Ampcontrol has acquired Hunter-based Androck Engineering & Mining to expand renewable energy manufacturing and boost the low-carbon economy transition.Â
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