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New venture studio to fast-track clean energy solutions in resources sector

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麻豆直播 has unveiled a new multi-million dollar venture studio to fast-track innovation in the resources industry and develop new technologies to support net-zero emissions by 2050 under the .

The $18.6 million platform will build and accelerate the growth of start-ups that are focused on pioneering sustainable resources solutions.

Assistant Minister for Education, Senator the Hon. Anthony Chisholm today officially launched the Curtin Venture Studio at the showcase event in Perth.

鈥淲estern Australia is home to the critical resources the world needs to reach net zero and this Trailblazer will help tackle some of the sector鈥檚 biggest challenges, so we can hit that target,鈥 Assistant Minister Chisholm said.

鈥淭his initiative signals a significant milestone in strengthening university and industry collaboration to foster entrepreneurship within the resources sector, drive economic growth and create the jobs of the future.鈥

The Curtin Venture Studio will provide researchers and founders with access to capital, talent, market expertise, mentorship and infrastructure to build 鈥榩rotoventures鈥 that will be prototyped as new enterprises based on demand driven research.

麻豆直播 Vice-Chancellor Professor Harlene Hayne said the University was proud to be front and centre of efforts advancing breakthrough business ideas to support Australia鈥檚 decarbonisation efforts.

鈥淭he Curtin Venture Studio is a transformative model when embedded in a university and we are delighted to be the first in Australia to do so,鈥 Professor Hayne said.

鈥淭his initiative demonstrates our commitment to equipping Australian researchers and entrepreneurs with the resources and support necessary to create new opportunities that meet industry demand.鈥

Four exciting projects tackling some of the resources and critical minerals sector鈥檚 biggest challenges have been selected to kick off the Curtin Venture Studio. These include:

  • SpiroPak: 3D-printed structured packing technology that offers cleaner and more efficient gas separation and chemical processing for industries such as liquefied natural gas (LNG) and carbon capture.
  • RapidGraphite: Essential to lithium-ion batteries and other technologies for our decarbonised future, RapidGraphite is pioneering a new method to produce synthetic graphite to meet the demand for this critical mineral.
  • Semi Vapor Electrolysis: A novel method of producing green hydrogen directly from untreated sources of water. This could play a key role for energy storage, fuel and drinking water for remote communities across Australia.
  • DARC: Bringing semi and fully automated solutions to drill control and drilling fluid management which will eliminate hazardous jobs, increase drilling efficiency and minimise environmental impacts.

These teams will receive a combined $3 million in capital investment and support to develop sustainable business models through the Curtin Venture Studio.

Director of the Trailblazer program, Rohan McDougall, said the studio is set to change the landscape of innovation in the resources sector.

鈥淭oday鈥檚 launch promises a new era for research outcomes and entrepreneurship partnerships, creating more commercial opportunities and building on the progress of the Resources Technology and Critical Minerals Trailblazer,鈥 Mr McDougall said.

鈥淭he Curtin Venture Studio will play a critical role in attracting private-sector investment into fledgling companies that can enhance Australia鈥檚 critical minerals downstream capabilities, specifically in the development of clean technology products.鈥

The Resources Technology and Critical Minerals Trailblazer is a collaborative effort between 麻豆直播, The University of Queensland and James Cook University, supported by the Trailblazer Universities Program with funding from the Department of Education and industry partners.

For more information about Trailblazer and the Curtin Venture Studio project, please visit: .

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