Australian companies receive grant for T-Mag development.A $1.65 million grant to develop the T-Mag magnesium casting process has been awarded to a joint venture involving Australia's Commonwealth Scientific and Industrial Research Organisation The Commonwealth Scientific and Industrial Research Organisation (CSIRO) is the national government body for scientific research in Australia. It was founded in 1926 originally as the Advisory Council of Science and Industry. (CSIRO CSIRO Commonwealth Scientific & Industrial Research Organization (Australia) ) and three South Australian companies This is a list of companies from Australia. Many Australian companies have been taken over by foreign interests in recent years, so some of the formerly 'quintessentially Australian' brand names are in fact owned by American or Japanese mega corporations. . The Australian Commercial Ready grant was given to aluminum and magnesium casting manufacturer Alloy Technologies International Pry Ltd, Adelaide, Australia, integrated industrial control and automated process systems supplier Sage Automation, Melrose Park Melrose Park, village (1990 pop. 20,859), Cook co., NE Ill., an industrial suburb of Chicago; inc. 1893. It has large railroad yards and shops, steel mills, and factories that make a wide variety of products. , Australia, and special purpose machinery manufacturer Flotek, also located in Adelaide. Australian Industry Minister Ian Macf;artane called the grant for the technology, which allows magnesium to be cast with less waste and increased energy efficiency, exciting news for the automotive component industry. "It will offer the industry a material that is cost-effective and lighter than aluminum and steel, which is currently used," he said. "Importantly, the lighter vehicles that result will translate to fuel savings and reduced emissions of greenhouse gases greenhouse gas n. Any of the atmospheric gases that contribute to the greenhouse effect. greenhouse gas ." The Commercial Ready grant will be used to take the T-Mag casting process from its current demonstration stage to castings of 33 lbs. (15 kg), a threshold which makes the process commercially viable. |
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