Manufacturing sector faces persistent challenges amid contraction – Ai Group
The latest Ai Group Australian Industry Index for June shows that the manufacturing sector remains in contraction, with the index rising 14.7 points to -25.6 points, marking 26 consecutive months of decline.
BlueScope posts $805.7M NPAT for FY2024 amid industry challenges
BlueScope has reported a net profit after tax (NPAT) of $805.7 million for FY2024, marking a $203.5 million decline from FY2023.
First Graphene to trial graphene-enhanced sustainable cement
Graphitic materials provider First Graphene said it is slated to begin one of the world’s largest-scale trials of graphene-enhanced green cement in June.
Eurozone manufacturing PMI slips in June demand, production decrease further
Conditions in the Eurozone manufacturing sector have seen a more intense downturn in June, as production contracts for the third month in a row, according to the latest HCOB PMI survey.
ASX biotech firm Noxopharm’s new mRNA enhancer to make vaccines safer
Australian biotech company Noxopharm Limited unveiled today the development of a new mRNA vaccine enhancer that will make mRNA vaccines safer by reducing inflammation associated with mRNA vaccines.
EOS secures financing to back restructuring efforts
Defence and aerospace company Electro Optic Systems (EOS) has ventured into a financing agreement with major shareholder Washington H. Soul Pattinson and Company (WHSP)...
EOS seeks green light as Ukraine weapons systems provider
ASX-listed defence and space company Electro Optic Systems is engaged in active contract negotiations on the prospective supply of a significant number of Remote Weapons Systems (RWS) and related components and spares for Ukraine.
Austal delivers strong revenue results with long-term programs growth
Global shipbuilder Austal has recorded FY2022 H1 revenue of $775.0 million supported by strong growth in the sustainment business, with revenue from the segment rising 67 per cent to $194.6 million.
PPK Group to purchase material interest in PowerPlus Energy
ASX-listed PPK Group Limited has begun a series of conditional transactions to acquire a material interest in Australia-based privately owned lithium battery manufacturer PowerPlus Energy.
Aussie manufacturing sector records slower contraction in April – Judo Bank
Australia’s manufacturing sector experienced a slight contraction in April, but the pace of deterioration was notably slower than in previous months, according to the latest data from Judo Bank's PMI report.
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Driving the future of smart energy: GridBeyond and ABB unveil new white paper on battery storage innovation
As industries adopt cleaner, more intelligent energy solutions, the ability to manage, store, and trade energy efficiently is increasingly vital to sustaining a competitive edge.
