The Northern Territory Government has invested more than $1.5 million in technology that helps business recycle waste into new products.
Two Northern Territory businesses have received funding under the Circular Economy NT (CENT) grant program, which aims to strengthen the circular economy sector in the Territory.
The two successful projects demonstrated economic opportunities through the development of new domestic markets for recycled materials.
Ostojic Group Pty Ltd received a $1,248,995 grant to purchase new crushing and screening technology to create recycled road base and other products suitable for reuse in the construction industry.
The project aims to divert 55,000 tonnes of construction and demolition waste from landfill annually and create four operational jobs.
Remote Industries Australia Pty Ltd received a $274,965 grant to set up a concrete recycling facility in Tennant Creek to service the Barkly region.
The project aims to divert 4000 tonnes of construction and demolition waste from landfill annually by recycling it into material and products that can be used as road base, laydown pads and for other upgrade and refurbishment works.
Kate Worden, Minister for the Environment, Climate Change and Water Security, said the Northern Territory Government is investing in new infrastructure projects that will help pave the way for an efficient and modern recycling industry in the Territory.
“CENT provides an opportunity for business and industry to reduce the amount of waste they produce, reduce their costs and work towards a more sustainable future,” she said.
“Adopting new approaches to the way we reprocess waste will create significant economic and environmental benefits for all Territorians.”
For more information, visit: www.newsroom.nt.gov.au
Related stories:
VTG teams up with Isuzu to solve the Top End’s ‘too hard’ waste problems
$11m boom for Northern Territory recycling