May 23, 2017

Roadmap for METS sector success

Roadmap for METS sector success

CSIRO has released a technology roadmap identifying five key growth opportunities to support the continued success of Australia’s $90 billion mining equipment, technology and services (METS) sector.

The Mining Equipment, Technology and Services Roadmap was developed in collaboration with the METS Ignited Industry Growth Centre, as well as government, industry and researchers.

“This roadmap is a great example of Strategy 2020’s Customer First work, which aligns our science to Australia’s needs,” CSIRO chief executive Dr Larry Marshall said.

“In a sense we use science to anticipate the future and help us navigate to a better outcome.

“METS is an important Australian sector and a global leader, but it can’t rely on past successes in a rapidly changing global landscape.
“The sector must continue to innovate and take advantage of enabling technologies and new business models which are causing disruption across industries.”

The five key growth opportunities identified were:

  • Data driven mining decisions
  • Social and environmental sustainability
  • Exploration under cover
  • Advanced extraction
  • Mining automation and robotics.

Underpinning each is a raft of new technology as well as critical changes to people, skills, culture, collaboration, processes and business models.

CSIRO has also collaborated with METS Ignited on the METS Sector Competitiveness Plan – a complementary piece of work that outlines the strategic foundations for success over the next decade.

“Mining productivity is increasingly dependent on integrating specialist technologies such as real-time sensors, mineral analysers and complex data, and the METS sector is vital in shaping mining’s future,” CSIRO Mineral Resources director Jonathan Law said.

“Collaboration will be key to success, which is why we’re working with METS and mining companies, as well as organisation such as METS Ignited and Austmine to develop and accelerate the commercialisation of new advanced technologies.

“Innovation is providing METS companies with competitive export opportunities, while delivering benefits to Australia’s mining industry and the nation’s economy.”