Australia’s manufacturing growth eases as PMI slips to 51.4 in September
Australia’s manufacturing sector continued to expand in September, although at a slower pace, according to the latest S&P Global Australia Manufacturing Purchasing Managers’ Index (PMI) report.
XTEK wins new purchase order to support Australian Defence’s SUAS capability
ASX-listed company XTEK Limited has received a spare parts order from the Australian Department of Defence to support its newly acquired Small Uncrewed Aerial Systems (SUAS) capability, which was announced in December 2022.
Australia’s dairy industry continues to place a premium on ‘drinking’ milk, says Rabobank
The liquid ‘drinking’ milk market continues to be crucial for Australia's dairy industry due to increased domestic retail pricing and potential for additional export development, according to a recently released industry report from Rabobank.
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.
Global manufacturing PMI remains in contractionary territory at end of 2023
The global manufacturing sector continued to see contractionary conditions in the last month of 2023 as intakes of new business shrunk further, driving production to decline for the seventh consecutive month.
Australian company Novonix to produce battery materials in MENA region
Battery technology company Novonix has partnered with TAQAT Development Company to establish an incorporated joint venture that will produce anode materials needed for manufacturing...
Tech company EPE and Shield AI deliver leading Nova 2 drone to ANZ Markets
Australian defence technology manufacturer EPE and US-based company Shield AI are launching their indoor drone into the Australian and New Zealand markets. The system...
US factory growth weakens amid tariffs, weather challenges
American manufacturing continued to grow in February, but at its slowest pace in seven months, according to the latest S&P Global US Manufacturing PMI.
First Graphene, partners secure CRC-P grant for graphene-enhanced solar cell research
Graphitic materials supplier First Graphene said its collaborative project with Halocell Energy and the Queensland University of Technology to commercialise perovskite solar cell fabrication has received a Cooperative Research Centres Project (CRC-P) grant worth $2 million.
CSR Limited improves NPAT by 17% with strong business performance, manufacturing productivity
CSR Limited, a major Australian industrial company, has reported a net profit after tax (NPAT) of $225 million for the fiscal year ended 31 March 2023, up 17 per cent from $193 million the previous year.
Featured Article
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.
