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AML3D prepping to ship ARCEMY X 3D printer to support US Defence

Wire Additive Manufacturing company AML3D is making the final preparations to deliver its large-scale ARCEMY X-Edition 6700 System to Oak Ridge International Laboratory in Tennessee as it enters the US Defence market as an OEM supplier. 

Fonterra raises earnings forecast, announces lower prices for next season

New Zealand dairy giant Fonterra raised its fiscal 2023 earnings forecast today amid ongoing strong margins in protein and cheese portfolio and said it expects to pay a lower price for milk to its farmers next season. 

ASX biotech firm Noxopharm unveils anti-inflammatory skin disease drug

Australian biotech company Noxopharm Limited unveiled today its new preclinical product candidate from its Sofra technology platform that has shown effectiveness against inflammatory skin disease in preclinical models

Orica continues strong performance in 1H FY 2023

Orica has reported $323 million in underlying earnings for the half-year that ended on 31 March, reflecting a 32 per cent increase on the prior corresponding period. 

PPK Group acquires interest in lithium battery manufacturer PowerPlus Energy

PPK Group Limited, a technology incubation and commercialisation, has completed the acquisition of majority interest in PowerPlus Energy (PPE), Australia’s largest privately-owned lithium battery manufacturer. 

IperionX secures $20 million placement to expand titanium production

Sustainable titanium metal producer IperionX Limited has completed a $20 million placement to advance and scale the company’s patented titanium technologies. 

PPK Group’s material interest acquisition with PowerPlus Energy now unconditional

Technology investor PPK Group Limited said its agreement to purchase a 33 per cent interest in Victoria-based storage battery manufacturer PowerPlus Energy is now unconditional. 

Sparc Technologies secures nearly $1 million in R&D tax refund

Australian graphene production company Sparc Technologies has received a $934,195 research and development tax refund as part of the Australian government’s R&D tax incentive, relating to the 2022 financial year. 

Weebit Nano raises $15 million in oversubscribed SPP

ASX-listed semiconductor developer Weebit Nano Limited has collected nearly $15 million in an upsized and scaled-back share purchase plan (SPP) for existing shareholders. 
The new state-of-the-art plasma beamline cutting steel tube and beams

BlueScope upgrades profit forecast for 2H 2023 following US steel mill’s profit jump

Australian steelmaker BlueScope Steel has increased its earnings guidance for the second half of fiscal year 2023 to be in the range of $700 million to $770 million. 
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Delivering growth: how invoice finance transformed a logistics business

For a smaller freight-forwarding company to compete with international behemoths, Global Trade Logistics founder Gary Coutsoudis knows he and his team must outperform.