Ostojic Group and Remote Industries Australia get Circular Economy NT grants for recycling projects
The Northern Territory is set to become a recycled road-base powerhouse with two Territory businesses taking a share in more than $1 million in grants to get a leg up in the industry.
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Two Territory businesses have been given a share of more than $1 million in grants from the government to help them with projects involved with recycling.
Ostojic Group and Remote Industries Australia are both set to benefit from more than $1.5m in grants to help “grow the economy by turning waste into a valuable commodity,” according to Northern Territory environment, climate change, and water security minister Kate Worden.
“Adopting new approaches to the way we reprocess waste will create significant economic and environmental benefits for all Territorians,” she said.
Ostojic Group received a $1,248,995 grant from the Circular Economy NT grants program, while Remote Industries Australia received $274,965 grant, according to minister Worden.
Minister Worden said Ostojic Group would use their grant to purchase technology which will separate steel and other metals from concrete waste, alongside technology which processes waste concrete into road-base and other projects.
“The project aims to divert 55,000 tonnes of construction and demolition waste from going to landfill per year and create 4 operational jobs,” she said.
Meanwhile, Remote Industries Australia will also use their grant to set up a concrete recycling facility in Tennant Creek, Ms Worden said.
“The project aims to divert 4000 tonnes of construction and demolition waste from going to landfill every year and recycle it into material and products that can be used as road base, laydown pads and for other upgrade and refurbishment works,” she said.
“The Lawler Labor government is investing more than $1.5 million in new recycling infrastructure projects which will help pave the way for an efficient and modern recycling industry in the Territory.”
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Originally published as Ostojic Group and Remote Industries Australia get Circular Economy NT grants for recycling projects
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