The Australian Government is now operating in line with Caretaker Conventions, pending the outcome of the 2025 federal election.

Conceptual image of blue computer chip.

Mining equipment manufacturer Russell Mineral Equipment (RME) is the first recipient of NRFC investment.

RME is a global leader in advanced mill relining machinery technology. Their technologies help to boost the speed, efficiency and safety of essential mining activity. 

The NRFC’s $40 million equity investment will support RME to grow its domestic manufacturing capabilities and optimise operations at its facility in Toowoomba, Queensland. 

The investment is part of a broader $100 million co-investment partnership between NRFC and Resource Capital Funds (RCF). RCF supports innovative companies who are making mining safer, cleaner and more efficient.