Minex Crc LTDRegistered

Undertaking Activities through research and education projects pursuant to our agreement with the Commonwealth as a Cooperative Research Centre. During the past year, MinEx CRC operated safely and responsibly, with no recordable injuries and a focus on equality, diversity and inclusivity in all our activities. Risk management is a critical governance function, and the MinEx CRC Board provides oversight, inter alia, into risks that may impact MinEx CRC 's ability to achieve our vision and goals. MinEx CRC had a strong year in 2023/24 retaining all 23 Participants. During the past year, in our large team of 165 (67 FTE) we achieved 355 of our 367 Phase 2 quarterly project milestones, with cumulative progress against all Phase 2 project milestones at 79.3% compared to a target of 77.6%. Of the four Opportunity Fund projects, we achieved 29 of 31 milestones. MinEx CRC remains on target to achieve all Phase 2 milestones by end2024 and complete all eleven Commonwealth Milestones. Significant progress has been made in the past year towards MinEx CRC 's target of 50 postgraduate completions, with six postgraduate students completing their studies, bringing the total completions to 15. A total of 55 postgraduate research students have now registered. Planning meetings at our Midyear Science Review proved important for defining desired commercialisation outcomes and shaping the Phase 3 research agenda. Draft Project Agreements for Phase 3 of MinEx CRC (20252027) were completed for all core projects and circulated for review by Participants. The Phase 3 draft projects emphasise commercialisation and bringing products to market. The move towards the commercialisation of technologies continues, in line with the MinEx CRC strategy, with four commercialisation agreements executed in the past year. These were the leaseforpurchase contract for the CT500 Coil Tube (CT) system (including personnel), LogAR visualisation, Hobby drill management, and the AutoDrill rig automation system. Two provisional patent applications were also lodged, one for our unique downhole EM sensor system and the second for our drill hole geochemical logging system using insitu LaserInduced Breakdown Spectroscopy (LIBS). Combined with the MinEx CRC CT drilling platform the downhole EM and LIBS geochemical tools are technologies that can contribute to an overarching stretch target of MinEx CRC to log and characterize buried geology whilst drilling, and use those data to steer toward offhole targets. These technologies, spanning multiple research projects, exemplify the portfolio nature of MinEx CRC research.