The first non-fibre metals manufacturing in Australia
A new plant in the Queensland town of Marrickville will supply non-fluid metals and other non-hydrogen-containing raw materials for the aerospace industry, which is seeking to diversify its supply chain away from costly imports.
The Marrickvale plant, which has been in operation since 2013, will produce non-manganese, non-bromine, zinc and copper for use in the aerospace sector, according to a statement on the Marrickvillare website.
The company said it was the first nonfluid-metals manufacturing operation in Australia and the first of its kind in Queensland.
The plant will produce components and other materials for aerospace products including rocket boosters, engines and spacecraft, the statement said.
The facility will be operated by a consortium of companies, including Marrickvile Holdings and Marricktown Technology and Design Group.
Ahead of the announcement, Prime Minister Malcolm Turnbull said the country would not be a “bond-purchase nation” if it did not invest in its aerospace industry.
“We’re looking at creating a nation that’s diversified, and we’re investing in the industry to be able to compete in a very competitive global marketplace,” he said.
The industry is also aiming to diversified its supply chains to boost its competitiveness in a rapidly changing world, with the United States, China and India leading the global market.
“The aerospace industry needs to diversifies because that’s where our future lies,” Turnbull said.
“Australia needs to make sure we’re competing against those countries.”
And that means diversifying its supply of non-metallic elements in the form of components, and in the space industry, and at the end of the day, making sure we don’t end up on a bond-purchasing nation if we don’s diversify our supply chain.
“The Federal Government last month approved $200 million in new funding for the industry and also gave $80 million in concessional loans to the Marwickville facility.
The Prime Minister has promised $200 billion for the construction of the first commercial space airport in the next 20 years.”
We will invest in this industry, we will diversify it, we’ll invest in the jobs it creates, and also it will contribute to the national security of our country.”