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ASX-listed First Graphene expands distribution network into China and Vietnam

First Graphene has announced its expansion into the Asian market with new distribution agreements in China and Vietnam. 

European EV manufacturer places first commercial order for AnteoTech’s Ultranode

AnteoTech has received its first commercial order for its Ultranode battery anode technology, valued at AUD 40,000, from leading European electric vehicle manufacturer EV1 as part of its battery optimisation program.

New carbon material by Archer boosts quantum device manufacturing potential

Archer Materials, a semiconductor company focused on advancing quantum technology and medical diagnostics, has announced a breakthrough in developing a highly manufacturable carbon film with significant quantum properties, including long room-temperature electron spin lifetimes. 

Austal’s EBIT rises to $56.5M in FY2024 amid record $12.7B order book

Austal Limited announced its financial results for the fiscal year ending 30 June 2024 (FY2024), reporting a significant turnaround with Earnings Before Interest and Tax (EBIT) of $56.5 million. 

First Graphene’s Kainos Technology receives funding to explore market potential

First Graphene, a leader in advanced materials, has secured significant funding for a collaborative research project with Swansea University aimed at exploring the market potential of its innovative Kainos Technology. 

VEEM reports record financial results for FY24: NPAT soars by 70% to $7M

VEEM, a prominent designer and manufacturer of high-technology marine propulsion and stabilisation systems, has announced record financial results for the year ending 30 June 2024. 

IperionX’s HAMR furnace achieves production breakthrough at Titanium Manufacturing Campus

IperionX has reached a major milestone with the successful commissioning of its Hydrogen Assisted Metallothermic Reduction (HAMR) furnace, marking the first titanium de-oxygenation production run at its Virginia manufacturing campus.

Titomic makes headway in US defence market with latest order

Titomic announced a major advancement in its operations within the US aerospace and defence industries, securing new purchase orders totaling $577,000 from a leading global US aerospace and defence prime contractor. 

Hazer Group achieves 240 hours of continuous ops at commercial demonstration plant

Hazer Group announced a major achievement in the development of its Commercial Demonstration Plant, confirming that it has successfully operated continuously and stably for over 240 hours, marking a crucial milestone in its performance testing.

Sparc Hydrogen introduces cost-efficient green hydrogen production method

In light of the recent challenges confronting green hydrogen projects in Australia, Sparc Technologies is highlighting how Sparc Hydrogen’s revolutionary technology distinguishes itself from traditional methods. 
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Building resilience as manufacturing requirements become more complex

The industrial machinery and heavy equipment manufacturing sector is critical not only for its direct outputs, machines, and equipment that pave the way for construction, agriculture and manufacturing but also for its crucial role in economic development and innovation.