Mining equipment, technology and services (METS)
Queensland has a world-leading METS sector. It employs 20,000 people across Queensland, with $7 billion revenue and $2.5 billion in value add for our economy.
We want to take our world-class METS expertise to new markets - locally and internationally. Queensland has a history of excellence in METS capabilities, from digital solutions and safety to technology and mine site rehabilitation. We’re working with the METS industry to help improve competitiveness, productivity and sustainability, and to improve access to national and international markets.
Our 10-Year Roadmap and Action Plan ( 5.25 MB) is about accelerating the sector’s growth. We’re focused on collaboration and opportunities to bring innovative ideas to market, with $7 million worth of initiatives. Many of these are delivered in partnership with METS Ignited, the Australian Government’s Industry Growth Centre for METS. This industry-led growth centre works to improve METS competitiveness and productivity. It also promotes capability, both locally and internationally.
Collaborative business opportunities
We’re partnering with leading businesses and research bodies to improve collaboration in the METS sector. By strengthening operations, innovative products and services can reach the market sooner.
We’re bringing businesses and researchers together through our METS clustering initiative. Building partnerships and sharing knowledge will bring about more rapid technological change. Together, we can address complex industry challenges enhancing productivity and efficiency.
Our cluster program has already launched in the Bowen Basin. This region has a long-standing history of future-focused mining solutions. The cluster program will help drive further innovation and increase market growth at a faster pace than ever before.
Innovation and commercialisation
Our accelerator programs equip emerging METS businesses with the right skills to commercialise ideas. This allows businesses to get a competitive edge in the market.
The programs – delivered with METS Ignited – are designed for start-ups and scale-ups. These are companies that already have proven solutions to mining sector challenges. Mentoring from industry experts builds capability, accelerating commercial outcomes. Businesses come away with an increased ability to deliver their innovative new products and services to domestic and global markets sooner.
Supporting development for global markets
Global demand for commodities is expected to grow. This growth will provide long-term opportunities for Queensland’s METS sector. We partner with Trade and Investment Queensland to help our METS businesses go global.
Global resource companies operating in Queensland are supported by many small and medium enterprises. These international companies give local METS businesses the chance to develop and test the market here first. This way, products and services may become part of global supply chains.
Last updated: Wednesday, Sep 25, 2019