Latest Industrial Equipment News

Sprintex has inked a co-development deal with Jiangsu Bosiwei to supply its 30kW MVR compressors for a major retrofit at Hebei Yufeng Group, marking its strategic entry into China’s booming industrial vapor compression market.

Iondrive has launched its first five-tonne IONSolv™ production campaign in North America, aiming to produce about 1.4 tonnes of mixed rare earth oxide from recycled permanent magnets by Q4 2026. This milestone bridges lab validation and commercial-scale plans while supporting US supply chain independence.

CleanSpace's AGILE respirator has achieved AS/NZS 17420.2:2021 certification, paving the way for commercialisation in Australia and New Zealand alongside its recent European approval.

FBR Limited secured its first overseas Mantis welding robot sale, launched the Firehawk refractory robot, and expanded its Wall as a Service footprint in Victoria, while navigating a cash balance under $700,000.

Sprintex Limited has secured an exclusive three-year distribution agreement with Kingsley Engineering to supply energy-efficient G-Series Jet Blowers in Bangladesh's wastewater treatment sector, backed by escalating purchase commitments.

Range International Limited reported a 39% revenue increase to US$2.34 million for 2025 but remains loss-making with a net loss of US$1.15 million. The company’s financial statements highlight ongoing going concern uncertainties.

Caterpillar has finalized its acquisition of RPMGlobal, paying shareholders A$5.00 per share and prompting RPMGlobal’s removal from the ASX. This marks a significant shift in the mining software landscape.

Everlast Minerals advances pilot operations at its Gaibandha Mineral Sands Project, securing a critical 500kW power connection and strengthening government ties in Bangladesh.

Theta Gold Mines has taken a significant step forward in its TGME Gold Project by securing key long-lead processing equipment from leading South African engineering firms, keeping its commissioning timeline on track for the end of 2026.

Strategic Elements Ltd has marked a key milestone by successfully fabricating Energy Ink™ prototype cells in a commercial setting, while expanding its artificial intelligence ventures and maintaining a robust financial position.

Codan Limited has announced a fully franked ordinary dividend of AUD 0.16 per share for the six months ending June 30, 2025, with payments scheduled for mid-September.

Volt Group reported a 15% decline in Q2 FY25 revenue due to customer order timing delays but secured new Wescone orders pointing to a strong Q3 recovery. Meanwhile, EcoQuip and ATEN projects advanced with promising demonstrations and feasibility studies.