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Australian State/Territory : QLD
Socio-Economic Objective : Mathematical sciences
Research Topic : COPPER
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  • Funded Activity

    Discovery Projects - Grant ID: DP0346039

    Funder
    Australian Research Council
    Funding Amount
    $215,000.00
    Summary
    Computer simulation to study emergence of material texture in the Earth and Plate Tectonics. Plate tectonics has played a crucial role in the evolution and dynamics of the earth impacting on the diversity of life, mineralisation, and crustal dynamics. Despite its significance, how and under what conditions material texture and plate tectonics emerge from a proto-planet is not well understood. New computational methodologies to simulate the evolution of the plate-mantle system will be used to stu .... Computer simulation to study emergence of material texture in the Earth and Plate Tectonics. Plate tectonics has played a crucial role in the evolution and dynamics of the earth impacting on the diversity of life, mineralisation, and crustal dynamics. Despite its significance, how and under what conditions material texture and plate tectonics emerge from a proto-planet is not well understood. New computational methodologies to simulate the evolution of the plate-mantle system will be used to study how the upper mantle emerges as a thermo-mechanically distinct boundary layer, how this emergent structure relates to anisotropy in the upper mantle, and how it is affected by cross-scale effects controlling fault zone behaviour and crustal dynamics.
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    Funded Activity

    Linkage Projects - Grant ID: LP0455483

    Funder
    Australian Research Council
    Funding Amount
    $47,112.00
    Summary
    Mining venture risk: novel econometric methods to integrate joint financial and geological uncertainty into dynamic risk forecasting measures. The mining industry is nationally important: it contributed $33,927M to Australia's GDP in 2002-3. This project's outcomes - sophisticated statistical and econometric tools - will significantly improve capability for forecasting overall risk to mining projects requiring vast upfront, irreversible investments, and contribute to its efficiency and internati .... Mining venture risk: novel econometric methods to integrate joint financial and geological uncertainty into dynamic risk forecasting measures. The mining industry is nationally important: it contributed $33,927M to Australia's GDP in 2002-3. This project's outcomes - sophisticated statistical and econometric tools - will significantly improve capability for forecasting overall risk to mining projects requiring vast upfront, irreversible investments, and contribute to its efficiency and international competitiveness. Innovative methods driven by data from complex financial and geological systems will integrate price volatility risk and orebody uncertainty in a real options framework, providing holistic, rigorous measurement of mining venture risk. Xstrata Queensland Ltd will strongly support and participate in research training of an identified candidate to deliver discoveries to the wider industry.
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