Australia’s innovative manufacturing sector is set to receive a boost after the Government announced yesterday it will provide $74m in funding for two Cooperative Research Centres (CRC).
The new CRC for Innovative Manufacturing (IM CRC) will receive $40m over seven years to assist Australian manufacturers to transition to high-value internationally competitive manufacturing. The existing CRC for Optimising Resource Extraction (CRC ORE) will receive $34.45m to help improve the efficiency and cost-effectiveness of mineral extraction until June 30, 2021. The Government is investing…
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