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.