On February 6, Arthur Sinodinos AO, minister for industry, innovation and science, announced the funding under the Cooperative Research Centre Projects (CRC-P), an initiative that supports short-term industry-led collaborations to solve industry problems and deliver tangible outcomes.
The LaserBond-led project, in conjunction with partners the University of South Australia and Boart Longyear, will receive A$2,616,000 of funding to support a multi-party, A$8,266,000, three-year collaboration project associated with material science and the use of LaserBond technologies to improve a spectrum of wear points, many associated with drilling for mining.
In conjunction with these R&D activities, LaserBond and Boart Longyear recently signed a non-binding strategic partnership to pursue “mutually beneficial commercial products and services”. The University of South Australia and LaserBond already have a collaborative R&D agreement for the development of technology, systems, processes and applications associated with wear resistant surface engineered cladding for resource, agricultural and other heavy industries.
