Monday, May 6, 2024

New lithium refinery to deliver major jobs boost for WA

Western Australia Lithium is set to build a new lithium refinery in Kwinana, potentially creating 400 new jobs across the state. The company, which is...

Hofmann Engineering secures new order for ship components from Fincantieri Australia

Hofmann Engineering has secured a contract to supply two transverse tunnel thrusters for Italian shipbuilder Fincantieri. According to the company's statement, the order also includes...

NEOEN, GFG Alliance ink green power agreement to reduce energy costs to industry in...

NEOEN and GFG Alliance have signed a landmark agreement designed to dramatically reduce energy costs to industry in Australia. The two renewable energy producers have...

Santos divests non-core Asian portfolio

Santos has reached an agreement to sell its non-core Asian portfolio to Ophir Energy for US$221 million. Santos Managing Director and CEO Kevin Gallagher said...

Austal completes delivery of eighth LCS  to US Navy

Austal has successfully delivered its eight Independence-variant littoral combat ship (LCS) to the US Navy. Austal CEO, David Singleton, said the future USS Tulsa (LCS...

Austal acquires aluminium technology company ElectraWatch

Austal has reached an agreement to acquire ElectraWatch, a US-based aluminium non-destructive technology company, for an all cash consideration of US $6.75 million. ElectraWatch has...

Freedom Foods to upgrade its Shepparton plant

Freedom Foods Group has unveiled plans to invest approximately $29 million to upgrade the capacity of its Shepparton dairy facility. According to the company's statement,...

Saputo completes acquisition of Murray Goulburn

Saputo has announced that it has acquired the activities of Murray Goulburn,  Australia's largest dairy company. The Canadian dairy giant said the A$1.31 billion debt-free transaction...

An Aussie first – producing drinking water from air using solar power

The Australian Renewable Energy Agency (ARENA) will provide $420,000 in funding to US-based Zero Mass Water for the deployment of 150 solar-powered SOURCE drinking water...

Australia’s manufacturing sector posts 19th consecutive month of expansion in April 

The Australian manufacturing sector has continued its expansion streak in April following March’s record high result. According to Ai Group's latest report, the Australian PMI...
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Beyond Insights: Building trust into digital transformation technologies

Digital transformation technologies are experiencing a gold rush in the manufacturing industry, not just in Australia but beyond. However, amid this surge in cutting-edge tech and automation processes, a fundamental element remains crucial: trust.