Friday, March 29, 2024

Budget covers $392m for industry growth, $101m for quantum and AI

The Albanese Government has earmarked $392 million for the Industry Growth Program in the form of grants to start-ups and small-to-medium businesses as well as $101 million for the development of quantum and artificial intelligence industries.

Ioneer’s partnership with Korea’s EcoPro set to bolster US lithium production

Ioneer Ltd, a lithium-boron producer, and EcoPro Innovation Co Ltd, a South Korea-headquartered pioneer in battery-grade lithium hydroxide conversion, have entered into a Research and Development (R&D) Memorandum of Understanding (MOU).
carbon capture

Government announces $250m investment in carbon capture, use and storage hubs and technologies

The Federal Government is launching a new program that will accelerate the development of commercial-scale carbon capture, use and storage (CCUS) projects and hubs...

Australia’s manufacturing sectors achieves mild recovery in November

In November, the Australian Industry Group's Australian Performance of Manufacturing Index (Australian PMI) increased by 4.4 points to 54.8, marking the first month of...

$65 million unveiled to back new ARC training centres, research hubs

Eight new Australian Research Council (ARC) Industrial Transformation Training Centres and five new ARC Industrial Transformation Research Hubs are sharing more than $64.8 million in funding to train Australia’s next generation of research professionals and support projects aimed at generating real-world outcomes. 

Made in Victoria for Victoria – Victorian Rolling Stock Strategy

The Department of Transport has released Made in Victoria for Victoria – Victorian Rolling Stock Strategy - outlining Victoria’s significant investment in rolling stock...

RMIT University-led recycled road project begins in Victoria

A team of researchers led by RMIT University is paving the road across 10 Victorian sites with asphalt incorporated with recycled plastic from consumer and industrial waste. 

Value-added manufacturing critical to boost Australia’s economic growth – Minister Husic

The adoption of value-added manufacturing will be crucial to boost the country's economic complexity as “growth, jobs and the flexibility to respond to economic shocks will come from making more things in Australia,” according to Minister for Science and Industry Ed Husic in an address to the American Chamber of Commerce in Australia.

EOS officially opens new lightweight R150 production line

Defence and space company Electro Optic Systems (EOS) has opened its new R150 Remote Weapon System (RWS) production line at its manufacturing facility in...

ECS Botanics to supply GMP manufactured cannabis products in Poland

Medicinal cannabis and industrial hemp business ECS Botanics has reached a five-year agreement with Polish company Alivio Spolka for the supply of GMP manufactured...
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Top 3 digitisation outcomes for Aussie manufacturers

As the Australian manufacturing sector faces the challenges and transformations that come with rapid globalisation, the role of digital technology within the industry has never been more critical.