Governance

MinEx CRC Ltd was incorporated in April 2018 to carry out the activities of the Mineral Exploration Cooperative Research Centre. MinEx CRC is a company limited by guarantee, with Participants in the CRC eligible to become company members.

MinEx CRC Ltd operates under the Corporations Act and is governed by an independent skills-based Board and Chair. The Board are accountable to a number of stakeholders, including the Australian Government through the Commonwealth Agreement, our participants through the respective Participants Agreement and Affiliates Agreements, and our Members through the Constitution. In addition to monitoring the performance of the MinEx CRC, the board plays an important role in the approval and regular review of MinEx CRC funded projects to ensure that research is aligned with its objectives.

The roles, responsibilities, delegations and authorities of the Board, the respective Committees of the Board and of Management will be defined in the MinEx CRC Corporate Governance Manual, which is the key corporate governance reference of the Company. A key component of the governance structure are Board Committees, all of which will be directed by their own Committee Charters/Terms of Reference. These Board Committees are the Risk and Audit Committee, Remuneration Committee, the Commercialisation Committee and the Nomination and Selection Committee (NSC) whose representatives are elected by the Members in accordance with the CRC Constitution. The NSC will be established to identify suitable candidates for nomination and appointment as Directors when the need arises.

The MinEx CRC’s governance framework has been set up to ensure transparent accountability to all Stakeholders

MinEx CRC is dual-headquartered. The registered office is located at the Australian Resource Research Centre, Bentley, Western Australia. The secondary office is located at the Future Industries Institute of the University of South Australia, Mawson Lakes Campus, Adelaide, South Australia. Day to day business is transacted through the Chief Executive Officer, under a contract overseen by the Board.

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