Sector Competitiveness Plan

On 8 November 2016, METS Ignited released an industry-led plan for the Australian mining equipment, technology and services (METS) sector to strengthen the Australian METS sector and help invigorate Australia’s position as the global hub for mining innovation.

The METS 10 Year Sector Competitiveness Plan is a long-term view of how the Australian METS sector needs to be competitive, skilled and forward-thinking to respond to future industry demands and to strengthen its position as an integral part of the global mining innovation ecosystem.

A globally competitive vision for the Australian METS has been captured across five broad programs of work to effect the change, within the context of the changing face of mining, as well as the impact of industry and global megatrends, including technologies, innovation and the way we do business.

In 2018, METS Ignited produced an addendum, and in 2019 an update to the plan and a report on the size of the sector, download the METS Sector Competitiveness Plan 2019 Update and a METS Sector Demographics Report.

The plan takes a 10 year view and proposes five broad programs of work, matched with a range of targeted initiatives. The plan provides a framework for long-term development of the METS sector over three horizons. The five program areas are:

1.Aligned strategy

2.Global brand

3.Internationally competitive

4.Collaborative and innovative

5.Skilled for 2026

A range of initiatives have been identified under this framework across three distinct horizons. Horizon one has already begun and efforts to 2019 will focus on laying the foundations for success and to propel initiatives outlined subsequent horizons.

Shaped and led by industry

METS Ignited, your Industry Growth Centre, was tasked by the Australian Government to coordinate and develop with industry a long-term plan for the sector which enables national and sector-wide action on key issues such as collaboration, innovation, key industry knowledge priorities, the attractiveness of our industry to the emerging generations, the skills of the future, the impact of world changing emerging technologies and the need for regulatory reform.

This industry-led publication is the culmination of a comprehensive and thought-provoking engagement process with industry.

METS Ignited has commenced work on some of the initiatives – such as the launch of the METS Living Labs Network – more importantly, we will continue to encourage industry organisations and companies to enhance and strengthen those initiatives identified in the plan already underway and initiate those initiatives that have yet to be identified but are absent in the ecosystem.

Thanks to our partners

We also wish to recognise our partners, Austmine, CSIRO, Department of Industry, Innovation and Science and the Queensland Department of State Development for their significant contribution to the development of the 2016 SCP. We also wish to thank our significant contributors, VCI and Australian Mines and Metals Association (AMMA) for their strategic input in developing and shaping this plan with us.

To download the complete 10 Year METS Sector Competitiveness plan click here.

AlphaBeta Staying ahead of the game Report

METS Ignited recognises Australia’s METS companies are 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.

Digital automation technologies in the mining and oil and gas industries 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.

These findings come from the Staying ahead of the Game report commissioned by METS Ignited and NERA Industry Growth Centres and announced by the Hon. Karen Andrews MP, Minister for Industry, Science and Technology.

Following 12 months of research, the report provides an economic analysis of the potential opportunities and impact of technologies such as data analytics, automation and robotics on Australia's mining and oil and gas industries in the next decade.

Download the Staying ahead of the game Report.