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Business News

LITHIUM POWER INTERNATIONAL (ASX:LPI) BECOMES LARGEST TENEMENT HOLDER IN GREENBUSHES REGION & BUYS HOLDING IN EASTERN GOLDFIELDS

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LITHIUM POWER INTERNATIONAL (ASX:LPI) BECOMES LARGEST TENEMENT HOLDER IN GREENBUSHES REGION & BUYS HOLDING IN EASTERN GOLDFIELDS

Lithium Power International Limited (ASX:LPI)

HIGHLIGHTS

Lithium Power has bought CMC Lithium and its Greenbushes Project in Western Australia, adding an extra 365km2 of prospective ground around Talison Lithium’s Greenbushes Mine, the world’s largest hard-rock spodumene operation
Lithium Power has also acquired two tenements in the mineral rich Eastern Goldfields of WA, from private company Lysander Lithium
In the Eastern Goldfields, prolific gold and nickel endowment is often complimented by large lithium spodumene pegmatite deposits, such as Neometals’ Mt Marion mine
The properties were acquired for a combination of cash and LPI stock
Lithium Power now has tenements in each of the three major WA hard rock lithium areas – Greenbushes, the Pilbara Craton and the Eastern Goldfields
Lithium Power International Limited (ASX:LPI) ( “LPI” or “the Company”) is pleased to announce that it has signed agreements to significantly increase its tenement holdings in Western Australia.

The acquisitions significantly increase its ground position in the Greenbushes Area, making it the largest holder of ground along the Donnybrook-Bridgetown Shear Zone. The acquisitions also diversify its geographic footprint in WA, by obtaining tenements in the Eastern Goldfields region.

These acquisitions support the Company’s ability to demerge its WA assets into a separate company, Western Lithium Ltd (announced on 12 January 2022). The Company’sstrategy isfocused on unlocking the value of these assets, most likely through an ASX listing in Q4 2022.

This strategy and the timing of the potential demerger and listing of Western Lithium Ltd will allow LPI to focus in Q3 2022 on the consolidation of ownership of its flagship Chilean joint venture company, Minera Salar Blanco S.A. (announced on the ASX on 22 June 2022), and the continued development of the Maricunga Lithium Project in Chile.

The demerger and listing process of Western Lithium is being targeted for completion in Q4 2022, subject to market conditions and final approvals from ASX, ASIC, ATO and LPI shareholders.

Business News

Iconic ice cream and lolly shop turns 10

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Caroline Powell of Muzza's Milk Bar
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Iconic ice cream and lolly shop turns 10

 

By Samantha Elley

It is said, there are two reasons people come to Evans Head.

Obviously, the beach is the first but secondly would be to visit Muzza’s Milkbar in Oak Street.

Owned by Evans Head resident Caroline Powell, the iconic ice cream and lolly shop is turning 10 years old and they are planning a huge party.

The shop first opened on 3rd December, 2013 by Caroline’s mum, Petria Powell after the death of her husband Murray.

“It was a way of dealing with the grief but not have to go into a workplace,” said Petria.

“It was a place for me to go more than anything else, a place to make memories.

“To see children enjoying ice cream and sweets, families coming in, it was everything Murray and I stood for.”

Sergeant Murray Powell of Byron Bay police station was a police officer for 39 years, 25 of those in Byron Bay.

“Unfortunately, he got pancreatic cancer,” said Caroline.

“He died on 28th December, 2011.”

Petria started to expand by opening a Muzza’s store in Lismore, followed by a shoe store.

“I was 20 when we opened the shop and I worked part-time for mum on and off,” said Caroline.

“In the last year before I took over I was working for mum full-time.”

With the three stores, Petria knew it was too much for her and Caroline put her hand up to take over the Evans Head store.

“At the age of 25 I took on the shop,” said Caroline.

“I loved the ice cream and the lollies, and we just continued the same business model, affordable prices so that families can come in and make memories.”

Then Covid hit and Caroline’s business was closed and her plans turned upside down.

“I was actually overseas when Covid hit,” said Caroline.

“I came home and had to do two weeks home quarantine, and I was not able to leave the confines of my tiny little unit.

“I was jotting down ideas into a notebook and I thought ‘Why don’t we just deliver?’”

And so Muzza’s started delivering.

Caroline Powell of Muzzas Milk Bar

Caroline Powell of Muzzas Milk Bar

With a freezer in her car and a will to make her business succeed, Caroline was delivering ice cream and lollies as far as Casino and Lismore.

“Customers can’t come to me but I can come to a customer if I have to,” Caroline said.

“Some people were literally buying five kilos of lollies.

“We worked out for families, it was a way of treating their kids was with sweets; they were homeschooling so they needed something to bribe their kids.”

They were so successful, not only did the business survive 2-3 years of Covid but they also didn’t take any government covid payments.

Now on the eve of celebrating 10 years of the business, Caroline said it has grown ten-fold.

“We offer ice cream, lollies, milk shakes, thick shakes, in winter we supply donuts,” she said.

“We do ice cream cakes. Give me an idea and I will try and make it work.

“Gift boxes and lolly jars are working well.”

The biggest seller, of course, is the ice cream, then thick shakes but the range of lollies is international.

“I get stuff out of the US, stuff from the Netherlands, Germany,” Caroline said.

“We’ve got Dutch liquorice in at the moment, we’ve got Barnett’s sour lollies out of the UK which claim to be the most sour lolly in the world.”

There is also a great range of nostalgic lollies that many parents of the children who come to Muzzas, remember from their own childhood.

“I’ve got suppliers who still stock them,” Caroline said.

“I am hoping to get more of the ‘Old Favourites’, I am calling it.”

The popularity of the shop is reflected in the amount of ice cream they are able to sell.

“The company we buy our ice cream from, Everest ice cream, we are their largest customer in Queensland,” Caroline said.

“They supply as far south as Newcastle and to as far north as Rockhampton.

“Even their customers, Dreamworld and Australia Zoo, we beat them in ice cream sales.

“At Christmas time we get three weekly deliveries of over 300 tubs in each delivery.”

Caroline has plans to expand and open another Muzza’s store and possibly a warehouse to house all the extra stock they have.

“She has made it what it is today,” said Petria.

“I am as proud as punch. She has looked outside the square especially during covid and found a way to beat it. She has a lot of resilience.

“Whatever she does she will put 120% into it.”

Muzza’s is having a party on December 3, 2023 from midday on, behind Club Evans RSL where there will be live music, food trucks and plenty of ice cream and lollies.

“Bring a rug or a chair and come and sit by the river,” said Caroline.

“It’s our way of giving back to the community for all the support they’ve given us.”

 

For more Evans Head news, click here.

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SETTING OUR INFRASTRUCTURE PRIORITIES

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infrastructure priorities - Infrastructure Policy Statement.
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SETTING OUR INFRASTRUCTURE PRIORITIES

 

The Albanese Government has released the Infrastructure Policy Statement to guide the Commonwealth’s funding of properly planned and targeted infrastructure to help unlock a range of significant economic, social and environmental objectives.

For too long under the Coalition, Commonwealth infrastructure spending focused on electoral rather than national benefit and in doing this it expanded the Infrastructure Investment Program from roughly 150 projects in 2012-13 to nearly 800 in 2022.

That needs to change.

The Policy Statement commits the Government to delivering nationally significant infrastructure.

This means projects will need to have at least two of the following characteristics:

  • Australian Government contribution of at least $250 million; and/or
  • alignment with Government priorities as articulated in the Infrastructure Policy Statement; and/or
  • situated on or connected to the National Land Transport Network and/or other key freight routes; and/or
  • supporting other emerging or broader national priorities – such as housing or critical minerals.

There are three priorities for our investment: productivity, liveability and sustainability.

It means cutting congestion, ensuring supply chains are resilient, building equity into the heart of where we live, improving prosperity, reducing our emissions and encouraging more sustainable ways to travel.

infrastructure priorities - Infrastructure Policy Statement.

The Albanese Government has released the Infrastructure Policy Statement to guide the Commonwealth’s funding of properly planned and targeted infrastructure

We are committed to working in partnership with the states and territories who are our primary infrastructure delivery partners.

We are reshaping how the Commonwealth funds projects, returning to a preference of 50:50 funding with the states and territories for future investments, so both levels of government carry an equal share of both the benefits and the risks.

This will mean the Commonwealth’s infrastructure spend – which is being maintained at $120 billion – can go further, maximising the benefits of the Commonwealth’s investment and ensuring shared accountability. It will help end the perverse incentives that saw the Federal Coalition throw money at projects that states did not want to build.

The Government may consider funding a greater share of projects in jurisdictions with less capacity to raise revenue on a case-by-case basis.

We also want to share the benefits of construction.  We will seek to encourage local employment and procurement, as well as increase the participation of women, First Nations communities and other marginalised groups in the delivery of these projects.

The Albanese Government will invest in the projects that only the Commonwealth can – those which shape our cities, our regions and our nation.

Together with the states and territories – and with clear priorities and proper planning – we will build a better future for all Australians.

 

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New $18M partnership building digital tech for safer workplaces

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The $18 million Tech4HSE program unites leading researchers in emerging technologies such as generative and immersive artificial intelligence (AI), augmented reality and cybersecurity, to develop tech to aid those working in dangerous environments.
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New $18M partnership building digital tech for safer workplaces

 

CSIRO, Australia’s national science agency, will join forces with five universities to keep Aussies safe at work using the latest digital technologies.

The $18 million Tech4HSE program unites leading researchers in emerging technologies such as generative and immersive artificial intelligence (AI), augmented reality and cybersecurity, to develop tech to aid those working in dangerous environments.

The program is led by CSIRO’s data and digital arm, Data61, and the University of Queensland (UQ). Swinburne, UNSW, Curtin and ANU have also signed up as partners.

Science Director of Data61, Professor Aaron Quigley, said the technologies developed will support health, safety and environmental (HSE) objectives across a wide range of industries.

“Whether they’re working with electrical equipment, heavy machinery or on our roads, millions of Australians put themselves in harm’s way every day to help and serve others,” Prof. Quigley said.

“We’re bringing the best researchers in the nation together to help get everyone home safely, by creating advanced digital tools for training, identifying and monitoring hazards, and planning responses and actions.”

According to the Australian Bureau of Statistics, 497,300 Australians suffered from a work-related injury or illness in 2021-22.  

All participating institutions are contributing funding and research expertise to the program, with UQ administering the funding.

The $18 million Tech4HSE program unites leading researchers in emerging technologies such as generative and immersive artificial intelligence (AI), augmented reality and cybersecurity, to develop tech to aid those working in dangerous environments.

The $18 million Tech4HSE program unites leading researchers in emerging technologies such as generative and immersive artificial intelligence (AI), augmented reality and cybersecurity, to develop tech to aid those working in dangerous environments.

UQ Tech4HSE Science Lead Dr Mashhuda Glencross said these projects present an exciting opportunity to make an impactful difference.

“The innovative technologies we are researching and developing in this initiative are aimed at supporting the safety of Australians during disasters and when working in potentially hazardous environments,” Dr Glencross said.

Prototypes will be built over five years and trialled in real-world job scenarios, with a focus on developing commercially viable products which are responsible by design.

In the first project currently underway, researchers from Data61 and UQ are developing technologies to support crisis preparedness and response for workers in the energy industry.

Data61 Tech4HSE Science Lead Dr Matt Adcock said one example of the technology being developed will combine state-of-the-art computer vision models and 3D generative AI.

“Our aim is to take smart glasses to a new level by enabling the placement of helpful digital holograms within the physical work environment to support emergency response safety training and assisted decision-making under heightened stress levels,” Dr Adcock said.

Researchers are initially working with stakeholders in the power industry to ensure prototypes are sensitive to industry needs.

The $18 million Tech4HSE program strategically seeks to bring Australia’s university expertise and CSIRO’s capabilities together to maximise the impact of science, research, and development for Australians.

The program was announced by Minister for Industry and Science, the Hon Ed Husic, at the launch of Australia’s AI Month, coordinated by CSIRO’s National AI Centre. From November 15 to December 15 more than 50 free and ticketed AI-related events will take place across the country.

 

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