Three WA innovators will take a share in more than $8 million of federal funding as part of a grants program to boost the critical minerals and renewable energy industries.
The WA funding comes as part of a $55 million national grants program, with recipients announced by Minister for Industry and Science Ed Husic during a visit to Perth today.
Nedlands-based WaveX received $2.4 million to continue work on its unique anchors for offshore wind and wave energy, while West Perth-based CPC Engineering was awarded $3 million for a new technology for critical minerals processing.
Working with Edith Cowan University and Impact Minerals, CPC Engineering developed a new way to separate iron, aluminium and other metals using membrane technology, significantly reducing costs for processing.
Next Harbour was the third WA company to be included in the grants, receiving funding to the tune of $3 million for its innovative approach to installing offshore wind turbines – which eliminates the need for heavy-lift vessels.
The project is pioneering a process for pre-fabrication, transportation, installation and decommissioning of a wind turbine with a ‘suction bucket’ foundation system.
The technology is similar to suction caisson, which uses an open bottom tube embedded in the ocean floor sediment and sealed at the top while in use so lifting forces generate a pressure differential which holds the caisson down.
Speaking during the announcement, Minister Husic commended WA’s innovation ecosystem.
“West Australian smarts are showing the rest of the world how to get things smarter, more efficiently, with great potential for exports and local jobs,” he said.
“CPC Engineering’s pioneering work filtering critical minerals has the potential to cut costs for business and also significantly reduce environmental waste.
“We want Australia to be a renewable superpower that’s why we’ll continue to back companies like WaveX.”
The grants were awarded as part of Round 16 of the Cooperative Research Centres Projects, and included a total of 23 grants.
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