Russell Mineral Equipment's cost-saving processing machinery gets $40m investment

is the global leader in grinding mill relining technology.from the federal government's long-awaited National Reconstruction Fund Corporation .

"What might be an 8-tonne liner when it's new might be a two-tonne liner when they take them out," he said.Replacing the liner was dangerous, costly, and time-consuming."The time it took to exchange basically drove plant availability, which drove annual production, which drove profitability at the whole mine site.

RME employs 450 people globally with about 300 of those based in Toowoomba, about 120km west of Brisbane, and 90 per cent of its production is exported. "Actually seeing, deeply seeing, and understanding what you're doing is important, and then you'll see things that you don't like. You're irritated. NRFC chief investment officer Mary Manning said the investment would be used to grow RME's local operations.

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