Market News

Graphitic materials supplier First Graphene said its collaborative project with Halocell Energy and the Queensland University of Technology to commercialise perovskite solar cell fabrication has received a Cooperative Research Centres Project (CRC-P) grant worth $2 million. 

Austal Limited announced its financial results for the fiscal year ending 30 June 2024 (FY2024), reporting a significant turnaround with Earnings Before Interest and Tax (EBIT) of $56.5 million. 

IperionX Limited, a provider of sustainable titanium technologies, is delivering spherical titanium metal powders to global additive manufacturing system provider SLM Solutions under a newly signed memorandum of understanding (MOU). 

Australian steel manufacturer BlueScope’s underlying earnings before interest and tax for the first half of fiscal year 2023 is expected to range between $800 million to $900 million. 

Despite growing economic difficulties in the additive manufacturing (AM) global market, the first quarter of 2023 saw double-digit sequential growth to USD 3.7 billion (AUD 5.5 billion) compared to USD 3.4 billion (AUD 5 billion) during the same period of the prior quarter in, according to latest data from SmarTech Analysis. 

Australian laser enrichment technology developer Silex Systems has announced that Global Laser Enrichment (GLE)  and Dominion Energy Services have signed a non-binding letter of intent to spearhead cooperation in the nuclear fuel supply chain. 

Additive manufacturing giant Stratasys announced its financial results for the second quarter of 2023, showcasing the company’s impressive revenue of $159.8 million, which is 1.6 per cent higher compared to the same period last year. 

Additive manufacturing companies Stratasys and Desktop Metal have announced they have entered into a definitive agreement where the two companies will combine in an all-stock transaction valued at around USD 1.8 billion (AUD 2.77 billion).

Australia’s food market is entering a "new normal" following a volatile five-year period shaped by the COVID-19 pandemic, supply chain disruptions, and inflationary pressures, according to a new Rabobank report.

The Ai Group Australian Industry Index has witnessed a reduction in contractionary conditions, marking an improvement of 8.2 points to reach a seasonally adjusted value of -3.5 points in September 2023.