Market News

New Zealand's manufacturing sector contracted in March and remains well below the long-term average signalling challenges for the sector, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).

Boron and lithium manufacturer 5E Advanced Materials has named Susan Seilheimer Brennan as its new CEO beginning on 24 April. 

The global manufacturing sector experienced an upswing in May, with significant improvements in both output and new orders, according to the JP Morgan Global Manufacturing PMI.

Australian cobalt company Jervois Global Limited has submitted an application to the United States Department of Energy (DOE) Loan Program Office to finance its proposed greenfield US cobalt refinery. 

Australia’s manufacturing sector continued to expand in December, marking a second consecutive month of modest improvement in manufacturing conditions, according to the latest S&P Global Australia Manufacturing PMI data.

Archer Materials is transitioning its qubit development program from laboratory-scale work to wafer-scale manufacturing using semiconductor industry-standard processes.

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. 

The global manufacturing sector has started the year on a high note, with business conditions improving at the fastest rate in three months.

Australia's manufacturing sector showed further signs of stabilisation in July as the country's private sector recorded stronger growth, with renewed demand supporting output, hiring and business activity, according to the latest flash Purchasing Managers' Index (PMI) data released by S&P Global.

Australia’s manufacturing sector returned to expansion in April, but underlying conditions remained weak as inflationary pressures and supply disruptions intensified, according to S&P Global.