The federal government announced plans on Thursday to establish a Critical Minerals Strategic Reserve with an initial investment of $1.2 billion, including a $1 billion increase to the existing Critical Minerals Facility. Prime Minister Anthony Albanese said the initiative would boost Australia’s economic resilience and leverage the country’s abundant resources of critical minerals and rare…
The federal government announced $158 million in funding for three new Cooperative Research Centres (CRCs) on Thursday, with a major focus on manufacturing life-saving medical treatments for diseases including cancer. Industry and Science Minister Ed Husic (pictured) revealed the funding package, which includes $65 million over ten years for the newly established SMART CRC. This…
Green Steel of WA secured all necessary regulatory and statutory approvals to begin construction of The Collie Steel Mill, according to a statement released on Wednesday. The mill is set to become Australia’s first green steel facility. The approvals process was completed in under two years, with the project recognised as a Strategic Project by…
A Cooperative Research Centre (CRC) focussed on accelerating industrial-scale manufacturing of regenerative therapies has been awarded federal funding, with the Solutions for Manufacturing Advanced Regenerative Therapies (SMART) CRC to begin a ten-year term with a total of $238 million in commitments. Industry minister Ed Husic announced $158 million in funding for three successful CRC applications…
Battery chemical recycler and manufacturer Livium has commenced a deal to provide services to metal recycling business Sell & Parker, anticipated to generate revenues of $3 million in the next 12 months and offering potential “to be Livium’s largest ever recycling contract”. According to a statement from Livium on Thursday, the three-year subcontractor deal with…