Alcoa reports Q4 2023 earnings with focus on cost reduction, production curtailment
In the wake of Alcoa Corp's fourth-quarter 2023 earnings release, ASX-listed Alumina Limited has highlighted key developments in the AWAC joint venture and underscores the company's commitment to navigating the challenging market conditions.
Novonix unveils results of Hatch’s engineering study on proprietary zero-waste cathode synthesis process
Novonix, an ASX-listed manufacturer of battery materials and technology, has announced the results of the Hatch engineering report on its proprietary cathode synthesis process.
Australian manufacturers’ economic outlook slumps in December
The outlook for Australia’s manufacturing sector has taken a dive in December following a sharp decrease in industry output, according to the latest Industrial Trends Survey conducted by Westpac and the Australian Chamber of Commerce and Industry (ACCI).
Eurozone’s composite output eases in December amid improved supply
Eurozone’s PMI Composite Output Index saw a significant increase for the second consecutive month, increasing from November’s 47.8 to a four-month high of 48.8.
FBR’s Hadrian X robot sets new speed record laying construction blocks
Robotic technology developer FBR Limited’s first next-generation Hadrian X robot has achieved a lay speed record of over 300 blocks per hour using USA format cement masonry blocks.
Eurozone’s final manufacturing PMI in 2022 rises to 3-month high
Eurozone’s manufacturing sector has eased up further in the last month of 2022 following softer inflationary pressures and more stable supply-chain conditions created some respite for goods producers.
Orbital UAV secures $3m WA grant following performance milestone
Uncrewed aerial vehicle manufacturer Orbital UAV has received a $3 million grant from the Western Australian government after the company reached an agreed performance milestone during the second half of 2022.
XTEK to deliver ballistic body armour to European customer
XTEK Limited’s HighCom Armor Solutions business unit has secured a $2.6 million purchase order from an undisclosed European customer for its ballistic body armour.
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AM market exceeds $3B revenue in Q3 2022
The additive manufacturing market has seen a continuous year-over-year growth for the third quarter of 2022, marking the fourth consecutive quarter that the entire AM industry saw revenue exceeding $3 billion.
Australian job vacancies ease in February but remain high historically
Australia's job vacancies dropped in the three months leading up to February, the third consecutive quarter of decline, but figures remain significantly higher than levels prior to the pandemic, indicating a competitive labour market, according to the latest Australian Bureau of Statistics (ABS) data.
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Modular switchgear built for faster, verified panel builds
As switchboard builders face tighter programmes and increasing scrutiny around compliance, the way enclosure, busbar and separation concepts work together has a direct impact on build time and verification effort.
