Australia’s Northern Territory recycling modernization fund: 2nd round funding open
According to the latest Tyre Stewardship Australia’s press release, The Northern Territory (NT) government has announced its 2nd round of funding for the NT recycling modernization fund.
The Federal and NT Government are co-investing $2.3 million to increase the Northern Territory’s capacity to recycle and repurpose glass, paper, carboard, plastics and end of life tires, allowing the creation of new value-added products.
Under this fund, grants of at least $20,00 are available on a 50:50 co-contribution basis.
Tyre Stewardship Australia (TSA) is working closely with the NT Government and industry to increase the recovery rates and build a circular economy for used tires in the Northern Territory.
Applications close Tuesday 28 February 2023.
To find out more or to apply for the NT recycling modernization fund, click here.
Check out TSA’s Tyre Recycling in the Northern Territory Report released earlier this year highlighting some of the challenges and the opportunities available to the Northern Territory to increase recovery rates. Inside you will find the best tire data on end-of-life tire numbers by tire type ever published for the NT, economic and business modelling and analysis of the benefits and challenges for tire recovery in the NT.
Press release by TSA.