METS Ignited was one of six Industry Growth Centres funded by the Australian Government Department of Industry, Science and Resources.
METS Ignited has successfully concluded its eight-year program, enhancing collaboration and commercialisation within the Mining Equipment, Technology, and Services (METS) sector.
The objectives of the Industry Growth Centres was to accelerate commercialisation of innovation in Australia, enhancing industry skills and capabilities and growing exports in sectors of national competitive advantage
1
Shared vision
Invested in the developed of an innovation ecosystem with a shared vision for future growth.2
Strengthen collaboration in the mining innovation system
Partnered with Mining Equipment, Technology and Services companies (vendors) as the translation engine to commercialise local innovation.3
Address gaps in the METS-Mining ecosystem
We will identify development areas for METS to take advantage of global opportunities and how to overcome barriers to continued success.4
Raise your profile
We will raise the profile of the capabilities of the Australian METS industry to better position Australia as the innovation hub for the global mining industry.5
Promote world-class clusters
We will identify and promote our key clusters and collaboration networks, to generate integrated strategic opportunities.
Digital automation technologies in the mining industry continue to present a tremendous opportunity for Australia, their adoption has the potential to add $74 billion in value to the national economy by 2030 and create more than 80,000 new jobs.
Australian METS companies are better-placed to realise these opportunities than competitors in other markets globally, thanks to Australia’s bounty of natural resources, the sector’s world-class capabilities and skills, and the leading global position of the Australian METS and mining industries. Australia is well placed to lead the widespread adoption of Industry 4.0 technology and the real and immediate opportunity automation is providing to the Mining industry.
One of the ways in which METS Ignited is enabling Australian METS companies to embrace the development of new innovative digital technologies is to administer collaborative project funds whereby participants (industry, METS companies and research organisations) work together to deliver outcomes for the mining industry. It also provides ways for technology providers to connect and combine their individual solutions into merged offerings that solve industry challenges and are more commercially viable. METS Ignited provides the framework to achieve that outcome.