The federal government is funding a new Cooperative Research Centre (CRC) which will allow research organisations to help support regional communities facing mine closures.
The government will join the Commonwealth Scientific and Industrial Research Organisation (CSIRO) and dual leaders the University of Western Australia and the University of Queensland to form the CRC on Transformations in Mining Economics (CRC-TiME).
These organisations will band together to support communities reliant on mining to find sustainable post-mining economic futures.
Federal science minister Karen Andrews said $29.5 million in funding has been provided by the federal government for the CRC, in addition to $105 million in cash and in-kind contributions from industry and researchers.
The funding is part of the federal government’s 2013 commitment to provide $1.1 billion to support the establishment of 30 CRCs.
Andrews said CRC TiME would help keep jobs in regional communities, building on the strength of the resources and energy sectors.
“Australia’s world-class mining expertise is undeniable, but being a global resources powerhouse means ensuring a sustainable future for our mining towns in rural and regional Australia,” she said.
The Minerals Council of Australia (MCA) has welcomed the establishment of the new CRC. MCA chief executive officer, Tania Constable said the CRC will benefit the industry and mining communities.
“The CRC will provide significant benefits to industry and mining communities through a coordinated, strategic approach to long term research on mine closure and increasing regional investment in post mine land use and infrastructure, bring forward rehabilitation and re-use for agriculture,” Constable said.