Australian Workers’ Union says new coal caps leave manufacturing industry exposed
The Australian Workers’ Union (AWU) said the new coal caps passed by the New South Wales Parliament today would leave industry exposed by not capping the price of coal sold to steel, chemical, and cement facilities.Â
Orora’s half-year results reflect strong growth despite economic headwinds
Orora has completed the simplification of its portfolio, focusing on its global beverage packaging operations and implementing cost-cutting measures to navigate challenging market conditions.Â
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.
Adelaide solar panel manufacturer returns to Vietnam export market
Australian solar panel manufacturer Tindo Solar is set to export to Vietnam as the Southeast Asian nation revealed it would prioritise high-quality renewables hardware in its energy grid, the company said in a press release.Â
Tritium achieves record first-half revenue, secures $75M in financing
Tritium, a Brisbane-based manufacturer of electric vehicle chargers, has released its first-half calendar year and full fiscal year results, reporting record revenue of $112 million for the first half of 2023, marking a remarkable year-over-year increase of over 286 per cent.Â
General Motors taps Aussie company Element 25 to help expand US EV supply chain
Element 25, a producer of manganese concentrate in Western Australia, has partnered with General Motors to support the production of over 1 million electric vehicles (EV) in North America.
Australian cake and pastry manufacturers face competitive, consumer shifts – report
The Cake and Pastry Manufacturing industry in Australia is experiencing significant shifts due to evolving consumer preferences, volatile commodity prices, and intense competition, according to a recent report published by IBISWorld.
March sees surge in global manufacturing output – JP Morgan PMI report
In a promising sign for the global economy, March witnessed a robust acceleration in the rate of growth in manufacturing production, reaching its highest level since June 2022, driven by a surge in new orders.
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.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
Featured Article
Behind the Australian Made logo: Six manufacturers shaping local industry
Australian manufacturers are continuing to invest in local production, innovation and sustainability across a wide range of industries. From textiles and packaging to construction and advanced manufacturing, Australian Made licensees are developing products tailored to local conditions while supporting Australian jobs and capabilities.
