Manufacturer
Browse the latest product, supplier and industry news in the Australian manufacturing industry from manufacturers, industrial professionals and associations on Top4 News.
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Iron ore prices sliding to a four-month low

Iron ore prices sliding to a four-month low | Manufacturer | Scoop.it

Iron ore prices are continuing to trend below $50 a tonne, leading investors to begin worrying about a prolonged supply glut. July’s 10-year low of $US44.10 could soon be under threat with iron ore only seeing one positive day in the past 17 sessions, its worst run through an 18-month bear market.


Meanwhile, BHP has again warned price pressure will remain in the short- to medium-term, with prices below $US40 possible.


“In medium term, the next few years, it’s going to be much of same; we will continue to see very modest demand growth, and strong supply growth outpacing demand. That pressure will continue to gradually push it (the price) down — because the rate of displacement will get slower,” Alan Chirgwin, BHP’s vice president of marketing for iron ore said. 


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The Impact of the Internet of Things on Australian Mining Manufacturers

The Impact of the Internet of Things on Australian Mining Manufacturers | Manufacturer | Scoop.it

The Internet of Things (loT) is expected to become a major component to the next generation of mining, and manufacturing is likely to be a large part of this. By 2020, approximately 26 billion objects will be linked together by the lnternet of Things.


Top4's insight:

The Internet of Things is driven by the power of connected devices. If the mining sector is able to fully maximise this opportunity, they can experience positive impact, through access to the following capabilities: 


• Anticipate failures

• Efficiently respond to equipment problems reducing equipment downtime

• Reduce the cost of mining resources

• Improve the safety of the site and human capital

• Optimize mining production

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More Mining Projects in Wide Bay Seen to Boost Job Market

More Mining Projects in Wide Bay Seen to Boost Job Market | Manufacturer | Scoop.it
The Qld Resources Council says it is disappointing a manufacturing company in Bundaberg is set to close, citing a downturn in the coal and iron ore industry.
Top4's insight:

Chief executive Michael Roche urged locals to be more encouraging of major projects and developments across Queensland. He said more mining contracts will improve jobmarket statistics.


"What we would like to see out of announcements like this is for the community to speak out and to speak up for projects that have the potential to deliver jobs into the Wide Bay region," he said.

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3 Things Every Manufacturing Executive Should Know

3 Things Every Manufacturing Executive Should Know | Manufacturer | Scoop.it
In the manufacturing sector, data quality and reliability have grown in importance to rival actual product performance.
Top4's insight:

The Internet of Things will bring the following changes to the manufacturing process:


- Environmental and safety regulations will become stricter.

- Machine-to-machine interfacing will make traceability and compliance easier.
- The trend of moving production to emerging markets to be closer to end-users and to reduce supply chain costs will accelerate in coming years.
- Detailed, secure data will be required to complement good products.

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Breast and testicular implant manufacturer under investigation for contamination

Breast and testicular implant manufacturer under investigation for contamination | Manufacturer | Scoop.it

Brazilian regulators last month suspended Silimed from making its range of silicone-based prosthetic devices.


The Department of Health's Larry Kelly told a Senate estimates hearing on Wednesday night this was a "precautionary measure" after microscopic particles that appeared to be cotton were found on the surface of some of its products. Mr Kelly said that international toxicological assessments were underway, but stressed that there was no evidence "they would pose any health risk to patients."


Fairfax Media has reported that the Australian Society of Plastic Surgeons advised its members to contact patients with Silimed breast implants following the Brazilian suspension.

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Boeing Impressed by Australian Manufacturing and R&D

Boeing Impressed by Australian Manufacturing and R&D | Manufacturer | Scoop.it
Boeing International’s president has spoken highly of the its manufacturing capability in Australia, the country where it has its largest presence outside of the United States.
Top4's insight:

Marc Allen, President of Boeing International, said in an interview that the company’s Australian operations were the “gold standard” for manufacturing. He also highlighted the value of applied research.

Allen praised the policy settings supporting R&D in Australia and cited its excellent standards. He said it can still be improved through further support.

"The ease of doing business is fabulous but it can always be improved,” Allen said.

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Cleaning & Hygiene Conference 2015 Held in Monash University

Cleaning & Hygiene Conference 2015 Held in Monash University | Manufacturer | Scoop.it
Hygiene, cosmetic & specialty products industry
Top4's insight:

With the Australian economy facing significant headwinds post the mining investment boom, getting the settings right for Australian manufacturing is now more critical than ever.  


Accord’s Conference focused on the challenges and opportunities for businesses across the spectrum of the cleaning and hygiene sector.



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Manufacturing in Australia Records Rising Growth

Manufacturing in Australia Records Rising Growth | Manufacturer | Scoop.it
Australia's manufacturing sector is improving on a falling dollar, while China's factory downturn has picked up pace.
Top4's insight:

The Performance of Manufacturing Index (PMI) by the Australian Industry Group rose by 6.2 points to 50.4 last month.

That is just above the key 50-point level, which separates expansion from contraction.


The growth is mainly credited to the lower dollar, which has partyly resulted from the Chinese economic slowdown.

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