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Australian gov’t launches $523.2M Battery Breakthrough Initiative for consultation

The Australian Government has launched the $523.2 million Battery Breakthrough Initiative as part of its 2024-2025 Federal Budget, aimed at advancing battery manufacturing capabilities in the country. 
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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.