Sparc Technologies releases latest activities report with promising outcomes
Australian graphene production company Sparc Technologies has provided its June 2023 Quarterly Activities Report sharing continued progress in its graphene products, sodium-ion batteries as well as its research and development initiatives.
ReNu Energy invests in Vaulta’s recyclable battery casing technology
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.
PMI data shows Aussie manufacturing at three-month high in July
Australia’s manufacturing sector gained momentum in July, marking its strongest performance in three months, according to the latest S&P Global Australia Manufacturing Purchasing Manager’s Index (PMI®) report.
Mobilicom’s Q1 update shows $1.2m new orders for Tier-1 drone manufacturers
Drone manufacturer Mobilicom has continued to fulfil existing contracts and advance potential sales of its mobile ground control system with AUD 1.2 million new orders in Q1 FY23 from over 50 per cent of Tier-1 drone manufacturers.
Alcoa reports $231m net loss as production, shipments decline in Q1
Australian mining firm Alumina Limited announced Alcoa Corporation’s Q1 earnings results, revealing a loss of $231 million, which is a significant contrast to the profit the company recorded in the same period a year earlier, owing to a decrease in shipments and production.
Titomic doubled down on revenue diversification in FY22
Global cold-spray additive manufacturing company Titomic has reported a sales revenue of $3.8 million for fiscal year 2022, a seven-time increase compared to that...
Australia’s manufacturing sector contracts for seventh month despite export gains – Judo Bank
Australia's manufacturing sector remained under pressure midway through the third quarter of 2024, with the latest Purchasing Manager’s Index (PMI) data from Judo Bank indicating ongoing deterioration in sector conditions.
Australia’s 4.6% decline in labour productivity driven by pandemic, low unemployment rate
The Productivity Commission’s 2023 Bulletin has revealed that the 4.6 per cent fall in labour productivity for the 12 months to March 2023 is brought about by the unwinding of COVID-19-related effects and historically low unemployment rate.
DroneShield to supply equipment, services with $33m US gov’t contract
Counter-UAS solutions manufacturer DroneShield has received a record $33 million order from a U.S. government agency to supply equipment as well as multi-year services.
Fonterra announces lift in Farmgate Milk Price and FY25 earnings guidance
Fonterra Co-operative Group Ltd has revealed a 50 cent increase in its 2024/25 forecast Farmgate Milk Price midpoint, now sitting at $9.00 per kgMS.
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Manufacturers should do this sooner rather than later, says precision engineer
Australian precision engineering and industrial instrumentation company CENMAC implemented ERP software when it was still a one-man operation. “I couldn’t imagine us growing to this size without MRPeasy,” says Jason Ford, Founder.
