Sunday, August 16, 2026

JP Morgan reveals global manufacturing output hits 22-month high in May

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.

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. 

PYC eyes AI-powered drug discovery partnership with Google Cloud

Clinical-stage biotechnology company PYC Therapeutics said it plans to partner with Google Cloud to build custom-designed machine learning models to develop a new generation of precision medicine models. 

Rio Tinto expands US production with new copper supply investment

Rio Tinto is strengthening its position in the US copper supply chain by investing in its Kennecott mine near Salt Lake City, Utah, through funding worth $498 million intended for the development of an area known as the North Rim Skarn (NRS).

Contractionary conditions ease for Aussie industries in September – Ai Group

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. 

Global manufacturing expansion continues in July as PMI growth eases: J.P.Morgan

Global manufacturing activity continued to expand in July, although the pace of improvement eased for a second straight month, according to the latest J.P.Morgan Global Manufacturing PMI®, which showed sustained growth in production, new orders and employment while highlighting ongoing uncertainty surrounding the sector.

Australian manufacturing PMI enters contraction territory in March

Australia’s manufacturing sector saw a mild decline in March, due to lower market demand that reduced output and inventory levels, marking the first PMI contraction since May 2020. 

Origin Energy invests $4 million in Allegro’s Redox Flow Battery development

Australian energy giant Origin Energy Power has purchased a 5 per cent equity stake in ReNu Energy’s investee company, Allegro Energy, for a total of $4 million. 

China manufacturing continues expansion streak amid price pressures

China’s manufacturing sector continued to grow in March 2026, even as it faced steep increases in input costs and longer delivery times from suppliers.

BlueScope confirms earnings guidance for FY2023 1H

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. 
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How growth capital is helping an Australian manufacturer go global

There’s a particular kind of ingenuity that flourishes in regional Australia. Away from the noise of major business centres, founders build companies that quietly become world leaders in their field, solving deep specialised problems that global markets didn’t know could be solved. Modra Technology, based in Warragul in regional Victoria, is one of those companies.