EcoGraf to evaluate battery anode material manufacturing facility development in Vietnam
ASX-listed battery manufacturing company EcoGraf has teamed up with Vietnamese clean energy solutions provider VinES Energy to evaluate the development of a Vietnam-based battery anode material (BAM) facility.Â
Australian PMI contracts to 44.7 in 2022’s final result
Australia’s Performance of Manufacturing Index (PMI) slipped further into contraction territory in November following three months of flat conditions.Â
Orbital UAV clinches $1.5m grant from gov’t following performance milestone
Australian drone manufacturer Orbital UAV has secured a $1.5 million grant from the Department of Jobs, Tourism, Science & Innovation, after the company reached an agreed performance milestone during the second half of 2023.
Eurozone manufacturing PMI at 48.5 in February
The euro area manufacturing purchasing managers’ index (PMI) stood at 48.5 in February, falling slightly from 48.8 in January, while the manufacturing output index nudged above the neutral mark to reach 50.1, up from 48.9 in January.
US manufacturing sees expansion in July, says Feds
The US manufacturing industry has shown growth beyond initial projections in July, according to a Reuters report citing the US Federal Reserve.Â
The Federal Reserve...
New Zealand manufacturing contracts further in September, says BusinessNZ
The manufacturing sector in New Zealand saw a deeper slide into contraction during September with the seasonally adjusted PMI valued at 45.3, according to the latest BNZ – BusinessNZ Performance of Manufacturing Index (PMI).
XTEK receives new SUAS spare parts order from Australian Defence
ASX-listed international defence industry company XTEK Limited secured a $3.4 million order contract with the Australian Department of Defence for the delivery of spare parts in support of its existing Small Unmanned Aerial Systems (SUAS) fleet.
China’s manufacturing sector sees slight improvement in September
The Caixin China General Manufacturing PMI has slipped from 51.0 in August to 50.6 at the end of the third quarter, suggesting a marginal improvement and marking the second consecutive month of enhanced sector health.
Incitec Pivot sells US ammonia facility for $2.5b
Incitec Pivot Limited has agreed to sell its ammonia manufacturing facility in Waggaman, Louisiana to CF Industries Holdings, Inc. (CF) for USD 1.675 billion (AUD 2.5 billion).
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
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