NextOre raises $2.5 million in private funding in 2019

By 31 December 2019Disruptive Technology, News

NextOre has expanded its private funding round to $2.5 million which will be used to ramp up manufacturing and sales of its flagship bulk ore sorting sensor system.

NextOre announces the expansion of its $2.0 million fundraising, first announced in July 2019, to $2.5 million marking the completion of this funding round.

This disruptive technology in the mining space represents a dedicated and world class development by CSIRO Minerals Resources and is the second game changing and successful partnership between CSIRO and RFC Ambrian commercialising mining technology.