Lithium Australia looks overseas to build Lithium processing pilot plant

An engineering design study for a large-scale pilot plant for Lithium Australia’s breakthrough Sileach Lithium processing technology has identified an overseas location with potential for substantial capital cost savings.Lithium Australia appointed CPC Project Design in December to conduct the study, which includes capital cost estimates, operating cost estimates and comparisons of logistics costs for a…

‘That’s business’: $2b missile contract awarded without compete 

Some of the world’s largest defence companies have expressed disappointment at Australia’s decision to award a lucrative multi-billion-dollar missile contract without a full competitive evaluation process. Defence Industry Minister Christopher Pyne has confirmed Raytheon Australia will be commissioned to develop its National Advanced Surface to Air Missile System (NASAMS) for the Australian Defence Force —…

What Chinese are buying in Australia

THE Chinese continue to pour money into Australian businesses, infrastructure, resources and real estate to the tune of $15.36 billion in 2016. The figure is the highest it’s been since 2008 when Chinese direct investment reached its peak of $21.6 billion, according to a report from KPMG and the University of Sydney. Commercial real estate…

Chinese investment is at the highest levels since the GFC.

Chinese investment in Australia has reached the highest level since the global financial crisis (GFC), up 12 per cent from 2015 to $15.4 billion last year. A new report from Sydney University and accounting firm KPMG found a record 103 deals were signed between Chinese and Australian companies in 2016. But the annual report, Demystifying…

High imported pre cooked pork pushing AUS farmers to the wall 

A loophole in the Australian bio-security risk plan is sending Australian pig producers to the wall. The loophole, which is not against the law but considered against the spirit of law, allows New Zealand food processing companies to import unprocessed food products (fresh pork and vegetables) from major exporting countries (US, Canada, EU, China) and…

Australian flow Hive inventor stung by Chinese ‘copycat’

One of Australia’s most celebrated modern inventors will lock horns with an alleged copycat that claims to be preparing for a global launch. Flow Hive developed a hive that allows honey to flow out the front into collection jars, representing the first modernisation in the way beekeepers collect honey. It took a decade to develop….

Chinese factory caught recycling used nappies to make new ones

Chinese factory caught recycling used nappies to make new onesMachines were ripping cotton from the used nappies to manufacture new nappies. Disgusting scenes and horrible stenches have given away a Chinese factory’s illegal practice of recycling used nappies to make new ones. The secret factory located in Linyi City, in China’s eastern Shandong Province, was…

Up to 1,000 workers stood down at $36b gas project 

More than 600 workers are being stood down from the $36 billion Inpex gas project in Darwin. The head contractor JKC Australia LNG confirmed 640 direct employees had been stood down, and Laing O’Rourke said a further 200 sub-contractors were also affected. It is understood a contractual dispute between Kawasaki Heavy Industries and Laing O’Rouke…

Country of Origin Labelling reforms hit the shelves 

NEW Country of Origin Labelling (CoOL) measures have already hit supermarket shelves to inform in Australian consumers, with more expected to flow now that laws have been passed to implement changes to the new system. NEW Country of Origin Labelling package information outlining the percentage of Australian ingredients are already online. Last week the federal…