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:: Parker Centre Re-funding Good News for the Minerals Industry
Funding of A$20 million over seven years for the Parker CRC for Integrated Hydrometallurgy Solutions from the Australian Government’s CRC Programme was announced today by the Minister for Education, Science and Training, Dr Brendan Nelson.
The new Centre’s objective is to maximise the returns from Australia’s mineral endowment by improving hydrometallurgical knowledge.
The Centre will develop breakthrough technologies that have the potential to change the competitive basis of the whole minerals industry, and make incremental improvements in current production technologies, effectively transferring research outputs to industry and developing the nation’s expertise in hydrometallurgy.
Ten minerals-related companies will join five research providers (CSIRO Minerals, Curtin University, the Department of Industry and Resources (WA), Murdoch University and the University of Queensland) as core participants in the new Centre. The Centre will also include nine supporting participants.
The core industry participants are Alcan International, Alcoa World Alumina, AngloGold Ashanti Australia, Aughinish Alumina, BHP Billiton, Billiton Australia, Hatch Associates, Queensland Alumina, Rio Tinto and WMC Resources.
The Parker Centre’s CEO Mr Mark Woffenden says the funding will enable the Centre to continue to improve the efficiency and international competitiveness of the Australian minerals industry.
"Industry has shown its support for the new Centre by making a substantial financial investment," says Mr Woffenden. "The core and supporting participants will invest A$15 million over seven years."
The Parker CRC for Integrated Hydrometallurgy Solutions will commence on 1 July 2005.
Since its establishment in 1992, the Parker Centre has grown to become the world’s leading hydrometallurgical research organisation.
Independent benefits analysis has estimated that the delivered and expected value of the research outcomes of the current Parker Centre total A$540 million (net present value) to industry clients.
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