In 2018 SER joined the Mineral Exploration Cooperative Research Centre (MinEx CRC), the world’s largest mineral exploration collaboration. The $218 million collaboration is underpinned by $50 million in Federal Government funding. Participants include major mining companies (BHP, South32, Anglo American); the Mining Equipment, Technology and Services (METS) sector; research organisations; together with Geoscience Australia and all the Geological Surveys in Australia. Only two exploration companies have been admitted to participate in this collaboration.
The primary focus of the MinEx CRC is the development of new exploration tools and ways to deploy them to reduce the cost of drilling and increase the quantity and quality of data collected from the subsurface. The CRC will also conduct the National Drilling Initiative (NDI) – a collaboration with Geological Surveys and researchers that will undertake drilling in under-explored areas of potential mineral wealth in Australia.