Building on Australia’s strengths in mining technology and innovation

A new Growth Centre established by the Australian Government will ensure Australia’s mining equipment, technology and services sector is well placed to provide innovative solutions to the global resources sector.

The Mining Equipment, Technology and Services (METS) Growth Centre, known as METS Ignite, was launched today at the Queensland University of Technology by the Minister for Industry, Innovation and Science, Christopher Pyne.

“The resource sector’s continual drive to increase efficiency and productivity means there is a demand for improved equipment, technology and services,” Mr Pyne said.

“The future prosperity of the mining equipment, technology and services sector will depend on its ability to remain globally competitive and seize these global opportunities.

“This new Growth Centre will ensure this very important sector of Australian industry receives the support it needs to prosper in an increasingly competitive and globalised market.”

The Growth Centre, established under the Government’s $225 million Industry Growth Centres initiative, is designed to boost Australian industry’s competitiveness, productivity, and capacity to innovate.

The Growth Centres will set long-term strategies and priorities to boost the capability of their sectors, increase productivity and skills, create jobs, reduce red tape and engage internationally.

“The METS Growth Centre, like the other Growth Centres, will unite business acumen with the intellectual rigor of scientists, researchers and universities,” Mr Pyne said.

“Improving and encouraging the engagement between business and researchers will drive innovation across the sector and ensure it maintains its competitive edge.”

To find out more about the METS Growth Centre and the Industry Growth Centres initiative visit www.business.gov.au/industrygrowthcentres