PPK Group acquires interest in lithium battery manufacturer PowerPlus Energy
PPK Group Limited, a technology incubation and commercialisation, has completed the acquisition of majority interest in PowerPlus Energy (PPE), Australia’s largest privately-owned lithium battery manufacturer.
Australian industry remains in contraction for a year— Ai Group
The Australian industry marked its 12th consecutive month in construction territory after seeing a fallback in demand and activity in April.
Australian dairy expects another favourable season with firm milk prices, says Rabobank
Australian dairy manufacturers can look forward to another favourable season in 2023/24, with the industry set for its fourth consecutive profitable year, according to Rabobank's recently released annual Australian Dairy Seasonal Outlook.
IperionX secures $20 million placement to expand titanium production
Sustainable titanium metal producer IperionX Limited has completed a $20 million placement to advance and scale the company’s patented titanium technologies.
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.
Halo Food subsidiary inks manufacturing agreement with Fonterra
ASX-listed Halo Food Co. Limited announced that its wholly owned subsidiary Keytone Enterprises has signed a multi-million-dollar deal with Fonterra to manufacture milk powder stock keeping units (SKUs).
Australian Producer Price Index reports positive figures as manufacturing input prices went up
The Australian Producer Price Index has increased by 5.2 per cent in Q1 year-over-year versus a forecasted 5.0 per cent, while input prices to manufacturing rose 0.6 per cent over the quarter and rose 5.0 per cent over the past 12 months.
Titomic’s expanded revenue strategy with new manufacturing milestones
Metal additive manufacturing company Titomic Limited’s revenue strategy has continued to gain momentum in the third quarter of 2023 after new channels were added to drive innovation in various manufacturing industries.
PPK Group’s material interest acquisition with PowerPlus Energy now unconditional
Technology investor PPK Group Limited said its agreement to purchase a 33 per cent interest in Victoria-based storage battery manufacturer PowerPlus Energy is now unconditional.
Mobilicom’s Q1 update shows $1.2m new orders for Tier-1 drone manufacturers
Drone manufacturer Mobilicom has continued to fulfil existing contracts and advance potential sales of its mobile ground control system with AUD 1.2 million new orders in Q1 FY23 from over 50 per cent of Tier-1 drone manufacturers.
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AI & Manufacturing Month with Australian Manufacturing
As industries around the globe embrace the digital revolution, artificial intelligence (AI) is rapidly transforming the manufacturing landscape.
