Media Statement: Modern Manufacturing Initiative – Round 2 open for the Modern Manufacturing Initiative – Integration & Translation Streams.

METS Ignited has welcomed the announcement by the Morrison Government to back more manufacturers to grow and create jobs as they help secure our economic recovery, with $280 million in funding under the Federal Government’s Modern Manufacturing Initiative (MMI).

The matched funding is available through Round 2 of the Integration and Translation Streams of the $1.3 billion Modern Manufacturing Initiative (MMI), for the National Manufacturing Priorities.

Applications are open for Resources Technology and Critical Mineral Processing, Space, and Medical Products, with Food and Beverage, Recycling and Clean Energy and Defence opening at the end of the week.

Download full Media Statement – METS Ignited.

Media Statement: Resources Technology and Critical Minerals Processing Funding

METS Ignited welcomes the announcement of eight companies in the Resources Technology and Critical Minerals Processing sector, that will benefit from a share of $50 million matched funding, under the Federal Government’s Modern Manufacturing Initiative (MMI).

Under the MMI Integration and Collaboration Streams, the funding will support the successful projects to capitalise on the growing demand for battery systems and the critical minerals associated with their production, and increase Australia’s international competitiveness as leaders in these areas.

The eight companies are a mix of regional and metropolitan based businesses scaling up local downstream processing of critical minerals; adding value to battery and clean technology supply chains, through onshore production of battery storage systems and adoption of low emission technology across the mining sector.

Download full Media Statement – METS Ignited.

Media Statement: Technology provides the key to sustainable economic growth for Australia

Adrian Beer, Chief Executive Officer The contribution of our world leading resource sector to Australia’s post-pandemic economic recovery is well reported. The Federal 2021-22 Budget highlights the level of confidence in Australia’s economic position relative to international measures.

This budget looks to capitalise on our full potential. The financial contribution from the output of our resources sector can overshadow what underpins this success. The depth and breadth of Australia’s innovative research, technology and services sector; which is now being acknowledged as instrumental to achieving this outcome, provides a huge opportunity for the country.

Download full media statement: Federal Budget Media Statement – METS Ignited.