Venture Building
Commercialising Australian innovations
In 2016, RFC Ambrian embarked on a unique venture in the Australian resources advisory space – commercialising a disruptive assay technology developed in Australia by CSIRO. Chrysos Corporation (ASX:C79) was the result of that effort, and in the years since those initial first steps, RFC Ambrian has developed the experience, industry networks, commercial capability and tenacity required to commercialise innovative Australian technologies.
Founded in mid-2016 and listed on the ASX since early 2022, Chrysos is rapidly gaining significant market share, and we are rightfully proud of our role in creating a true Australian disruptive technology company of scale. The building block of a successful technology company is of course excellent science, and RFC Ambrian is proud to have built up strong relationships with CSIRO, Australian universities, the National Renewable Energy Laboratory in the USA and other research organisations who are pursuing excellence in technical innovation in the heavy industry and new energy sectors.
To learn more about Chrysos Corporation please visit their website here.
Current RFC Ambrian ventures
Hadean Energy
RFC Ambrian formed Hadean in collaboration with CSIRO to commercialise their advances in tubular Solid Oxide Electrolysis (SOE) technology. This cutting-edge technology can produce hydrogen with 30 per cent less electricity and help to decarbonise heavy industry. RFC Ambrian’s expertise in commercialisation of technology ventures has set Hadean on a path to continue resource sharing with CSIRO and IP integration to maximise the value and flexibility of the technology.
Solid Oxide Electrolysis utilises waste industrial heat, common in industrial processes, to substitute the electrical energy required to split water or CO2 molecules. Hadean’s novel cell chemistry and tubular cell structure is a departure from conventional SOE systems, and potentially overcomes the challenges of conventional SOE systems. The materials are low cost and readily available, reducing Hadean’s reliance on international supply chains and increasingly scarce critical minerals.
To learn more about Hadean please visit their website here.
MRead
In April 2023, RFC Ambrian was delighted to announce the launch of MRead Limited, a venture formed with CSIRO for the purposes of advancing commercial application of Magnetic Resonance (MR) technology in the global explosives and drug detection industry.
MRead successfully completed an oversubscribed seed raise with ASX-listed Codan Limited (ASX:CDA) joining as a cornerstone investor. Codan is a ~A$2bn company specialising in the manufacture of communications and metal detection equipment with a global operations base and distribution into 150 countries.
To learn more about MRead please visit their website here.
NextOre
Precise mine control. Lower environmental impact. NextOre’s world-leading bulk ore sensing and sorting technology enables both.
Building upon the successful partnership which resulted in Chrysos Corporation, in 2017 CSIRO invited RFC Ambrian to help commercialise another disruptive technology for the mining industry. A high speed magnetic resonance (MR) sensor coupled with a computer-controlled diverter enables bulk sorting of ore shortly after mine face extraction. RFC Ambrian co-founded, advised, and incubated NextOre, the company formed to bring this exciting technology to market.
NextOre has successfully proved its technology on multiple operating mine sites and is now rolling out units on a commercial basis to global operations of significant scale.
To learn more about NextOre please visit their website here.
Forging the future of Australian heavy industry technologies
Our track record as innovative technology commercialisers and company builders in this space is unrivalled and in the coming years, venture building will be a growing focus of our firm as we continue to build wealth for our investors, shareholders and the wider Australian technology community. We are immensely proud of our continuing role in rapidly transforming the world-leading science and technical innovations developed in Australia into impactful companies whilst supporting the development of critical minerals resources necessary to scale up these solutions.
Working on a transformative new innovation in the mining and heavy industry sectors?
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