Tag: supply chain

Australia and the United States have stepped up efforts to secure critical minerals supply chains, with both governments confirming new investment measures and closer coordination under a bilateral framework.

The Australian Government has announced it will bring forward $6.15 billion in concessional finance to support businesses, with a focus on strengthening manufacturing and supply chains affected by global disruptions.

Manufacturing has entered a new phase in its digital transformation, with Industrial AI moving beyond pilot programs into core operational systems. 

Australia and Canada have signalled deeper cooperation in manufacturing and industrial capability following talks in Canberra between Prime Minister Anthony Albanese and Canadian Prime Minister Mark Carney, according to a joint statement released by the two governments.

The Australian Defence Department has announced that manufacturing of Guided Multiple Launch Rocket Systems (GMLRS) has commenced in Australia, marking the start of domestic production of the missiles.

Manufacturing and construction jobs are expected to increase in Western Sydney following a $508 million investment by the Albanese Government in two defence infrastructure projects linked to Australia’s guided weapons and explosive ordnance manufacturing capability, according to the Australian Department of Defence.

Velo3D has entered into a Cooperative Research and Development Agreement with the US Army’s DEVCOM Ground Vehicle Systems Center to develop and qualify additively manufactured metal parts aimed at addressing supply chain challenges affecting ground combat vehicles and other military systems.

Military UAV sub-assembly and airframe manufacturing company KTEK Systems has completed a $2.5 million oversubscribed seed capital raising, exceeding its initial $1.5 million target, according to Chapter One Advisors. 

Australian biotech firm CSL has announced plans to invest approximately USD 1.5 billion in the United States over the next five years, with the company stating the move is aimed at strengthening domestic manufacturing capacity for plasma-derived therapies. 

Austal has announced that it has signed a Memorandum of Understanding with ASC to advance additive manufacturing technologies and strengthen Australia’s sovereign naval capability, marking what the company describes as a key step in expanding the role of advanced manufacturing in shipbuilding and submarine sustainment.