Friday, April 19, 2024

Australian airline Rex invests in electric-powered, emission-free aviation

Australian independent regional and domestic airline Regional Express (Rex) has announced an investment in Dovetail Electric Aviation, the company pioneering the conversion of turbine-powered aircraft to electric, emission-free propulsion. 

EcoGraf to evaluate battery anode material manufacturing facility development in Vietnam

ASX-listed battery manufacturing company EcoGraf has teamed up with Vietnamese clean energy solutions provider VinES Energy to evaluate the development of a Vietnam-based battery anode material (BAM) facility. 

Core Lithium opens Northern Territory’s first lithium mine

ASX-listed mining company Core Lithium has opened its $89 million Finniss Lithium mine in the Northern Territory.  

Global manufacturing PMI remains in contraction in September— JP Morgan

The JP Morgan Global Manufacturing Purchasing Managers’ Index (PMI) remained in the contraction territory at the end of the year’s third quarter, posting a 49.1 rating in September up from August’s 49.0.

Quickstep releases financial results for first half of FY23

Aerospace and composites manufacturing giant Quickstep Holdings has generated total revenue of $45.4 million for the first half of fiscal year 2023, which ended 31 December 2022.

Aluminium Revolutionary Chassis Company receives funding from Macquarie Group and Origin Energy to accelerate...

Aluminium Revolutionary Chassis Company (ARCC), the developer and manufacturer of Australia’s first lightweight bolted aluminium city bus chassis, has secured strategic investment from Macquarie Group and Origin Energy.

3D Systems sets forth an enhanced proposal to merge with Stratasys

3D Systems has submitted an improved proposal to Stratasys' Board of Directors, which would combine the firms in a cash and stock transaction, converting each Stratasys ordinary share into $7.50 in cash and 1.3223 newly issued shares of 3D Systems stock. 

Titomic’s expanded revenue strategy with new manufacturing milestones

Metal additive manufacturing company Titomic Limited’s revenue strategy has continued to gain momentum in the third quarter of 2023 after new channels were added to drive innovation in various manufacturing industries. 

Rio Tinto expands US production with new copper supply investment

Rio Tinto is strengthening its position in the US copper supply chain by investing in its Kennecott mine near Salt Lake City, Utah, through funding worth $498 million intended for the development of an area known as the North Rim Skarn (NRS).

DroneShield unveils new DroneGun Mk4 in response to user feedback

DroneShield has introduced a game-changing new product, DroneGun Mk4TM, following considerable development in response to end-user input, the company announced in a press release. 

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Sydney to spotlight the latest in manufacturing at AMW 2024

With the Australian Manufacturing Week (AMW) 2024 fast approaching, Sydney is set to become the epicentre of groundbreaking innovations in the advanced manufacturing sector.