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REVYRE Australia and New Zealand have stepped up a gear in the waste tire sector, raising capital and partnering with Project Portfolio Management P/L (PPM).The MOU with PPM brings a highly capable team with the right values, project management and operational capabilities in the mining and heavy industrial sectors to support REVYRE accelerate and realize our strategy. Last year, InfraCo and Energy Estate announced the REVYRE joint venture – a partnership dedicated to addressing the global End-of-Life Tyre (ELT) disposal problem. Since then, significant progress has been made for REVYRE’s first Facilities in both countries and gaining support from potential feedstock providers.

The Australian federal and Western Australian Labor governments are co-investing AUD $44.1 million in nine recycling projects to enhance waste management across Perth and regional Western Australia. These projects will divert 143,000 tonnes of waste from landfills annually and create 246 jobs. Facilities will recycle plastics, tires, paper, and cardboard into new products, including high-quality plastic pipes. Key projects include a tire recycling and devulcanization plant to process 12,000 tonnes of off-the-road tires into reusable rubber materials.

Tyre Stewardship Australia (TSA) has published its 2022/23 Annual Report. The annual report showcases some of the major achievements of Australia's Tyre Product Stewardship Scheme and how it must pave the way for a circular economy for end-of-life tires. In brief, Australia’s major achievements are:

Tyre Stewardship Australia (TSA) – the end-of-life tire management authority in Australia reports that its 2020/21 Annual Report is now available for download. The Annual Report showcases what the TSA has achieved, as well as its future vision. The underlying theme being accountability across the tire value chain. TSA highlights it is proud of its achievements - the organization’s connection and participation with the tire industry this year has been significant. Importantly, the report provides transparency to the TSA’s broad range of stakeholders by acknowledging the wins, and not shying away from the challenges the organization and the industry face.