NOVONIX awarded USD 103M in tax credits by US gov’t for battery materials production
Novonix, an ASX-listed manufacturer of battery materials and technology, has been chosen by the US Department of Energy (DOE) to receive a USD 103 million (AUD 159 million) tax credit under the Qualifying Advanced Energy Project Allocation Program.
SiBox testing completed, 1414 Degrees moves toward commercialisation
1414 Degrees announced its relocation to the Tonsley Innovation District following the completion of the demonstration phase of its SiBox thermal energy storage project, marking a significant step towards commercialisation.
Austal declines unsolicited Hanwha offer, citing regulatory obstacles
Austal Limited has confirmed the reception of an unsolicited, conditional, and non-binding indicative proposal from Hanwha Ocean Co, Ltd (Hanwha) to acquire Austal through a scheme of arrangement.
Australian resource earnings to steady despite short-term declines
Resources and energy export earnings in Australia are projected to follow long-term trends in the next two years, buoyed by improved supply and a more favourable global economic outlook.
GenAI emerges as manufacturing game changer in latest industry report
In the 9th annual "State of Smart Manufacturing Report," industrial automation and digital transformation giant Rockwell Automation has revealed the rise of artificial intelligence (AI) as the preeminent driver of transformative outcomes.
Productivity Commission report reveals signs of recovery after COVID-19
Labour productivity has shown signs of recovery for the second consecutive quarter in the December 2023 period, marking a potential return to 'productivity normalcy' post the COVID-19 pandemic's impact.
Nano-spiked silicon surface destroys 96% of virus particles, says researchers
A team of researchers, headed by RMIT University, has created and manufactured a surface with virus-killing capabilities, offering the potential for mitigating disease transmission in hospitals, labs, and similar high-risk settings.
Australian solar PV manufacturing receives $1 billion boost
The Australian Renewable Energy Agency (ARENA) has welcomed a significant injection of $1 billion in funding to catalyse the development of domestic solar photovoltaic (PV) manufacturing capabilities across the entire supply chain.
Diraq revolutionises quantum computing with breakthrough discovery in operating processors
Engineers at Diraq, an Australian startup specialising in quantum processor development, have achieved a significant milestone in quantum computing by enabling quantum processors to function at temperatures much warmer than previously thought feasible.
NSW Government pumps $1.5 million into TAFE NSW Lithgow
Responding to the surging demand for construction courses in the Bathurst region, the NSW Government has allocated $1.5 million to enhance facilities at TAFE NSW Lithgow.