Funds will be deployed to improve re-commercialisation of mine closure sites through value-lifting innovations and technologies.
EnviroMETS™ (Qld) Limited [eMQ] has announced it has signed a major seed funding agreement with CRC ORE. The agreement was formally signed during a visit to CORE Resources’ minerals processing research facility by senior management from both companies. The funds will be directed towards initiating several mine site rehabilitation “lighthouse” projects in regional Queensland.
The CRC ORE funding tranche will be directed to support several “lighthouse” projects in regional Queensland to provide knowledge, technology, data, and evidence to demonstrate best practice approaches, and to inform policy and legislation on how net best value solutions can be achieved.
Allan Morton, Executive Director of enviroMETS, said:
“We will be working with industry, government, researchers, and innovative companies to identify new ways of rehabilitating mining impacted land, via recommercialisation, repurposing and remediation, to increase the ‘net best value’ for its mining operators and future custodians, as well as local communities and the environment.”
“The recent evolvement of our enviroMETS Innovation Ecosystem model unlocks the potential for an operational template to develop and become the model for similar regional or state-based project delivery platforms that create tangible economic, social and environmental value for mining affected lands” he said.
Chairman of CRC ORE, Jon Lorraine, said:
“I believe the enviroMETS Innovation Ecosystem presents a unique capability to find new, innovative and sustainable solutions which are beyond those of a single firm because it brings together the skills, experience, and self-interest of its members into commercial project opportunities. Like us, enviroMETS is a not-for-profit organisation and it will therefore be an effective, natural delivery partner of other research orientated initiatives.”
“Directors of CRC ORE will provide continuing support for enviroMETS to benefit from our decades of mineral extraction research in Queensland.”
About CRC ORE:
CRC ORE (Cooperative Research Centre for Optimising Research Extraction) was formed as a not-for-profit organisation in 2010 by a host of forward-thinking collaborators focused on finding solutions to integrate point solutions and whole-of-system thinking. Their aim was to transform the minerals sector by deploying innovative world-class technology to affect a step change in value across the whole-of-mine system. It aimed to ‘Optimise Resource Extraction’ through site implementation of innovation to improve overall productivity.
It was initially funded by the Australian Federal Government and the global minerals industry. and has now achieved support of over $160M in investment to achieve critical mass and capacity. This includes $34.4m in federal funding, with the remaining investment through Mining, METS and Research participants. https://www.crcore.org.au
