METS
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METS – Mining Equipment, Technology and Services
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Austmine, the leading industry body for the Australian Mining Equipment, Technology and Services (METS) sector has identified that:
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over $90 billion in gross annual revenue is generated by the METS sector;
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$15 billion in products and services are exported around the globe; and
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$4 billion invested in research and development.
METS companies employ over 400,000 people in a broad range of occupations providing services to support the Australian resources sector.
In addition to providing essential services for mining operations, Australian METS companies are known globally for their innovative solutions, utilising cutting-edge technologies to solve the top industry challenges faced today.
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METS companies have achieved great success through developing cost effective new technologies to improve mining operations':
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Productivity and throughput
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Safety
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Equipment performance and asset health
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Value chain optimisation
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Operational processes and efficiency
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Business systems
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Environmental footprint and social license to operate
The leading edge technologies applied to achieve these improvements include:
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ArtificiaI Intelligence
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Automation
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Robotics
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Mechanisation
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IoT
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Big Data
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METS and Mining - Working Together
METS companies provide solutions to Mining challenges.
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METS Ignited, the national industry growth centre for the Mining Equipment, Technology and Services sector, identified the key mining industry challenges as:
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Greater understanding of the resource base
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Boosting productivity and maintenance performance through analytics, connectivity and IoT
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Optimising material and equipment flow, towards a continuous mining and processing mindset
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Improving performance and reducing harm through mechanisation and automation
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Selective mining and processing to boost processing intensity
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Innovative mining and processing addressing difficult and presently uneconomic orebodies (e.g. low-grade)
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Reducing mining’s footprint including boosting safety and environmental performance
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improving stakeholder relations
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Improving exploration for deep and remotely located minerals
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METS Ignited report: Mining Innovation Key Mining Industry Challenges
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There is a close relationship between the Mining industry and the METS sector. The table below provides some insight into the METS industry categories and where they fit with the subsectors of the Mining industry. The mining industry may carry out these functions within its own operations or engage a METS company to provide the product or service.
Mining Subsector | METS Industry Categories |
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Chemical Processing | Analytical Laboratories and Supplies |
Civil Construction | Mine Site Construction |
Drilling and Blasting | Blasting Equipment and Services, Drilling Equipment and Services |
Electrotechnology | Communications Systems, Control Systems, Electromechanical Equipment, Energy Power Generation, Lighting |
Engineering | Asset Management, Automation, Conveyor Equipment and Components, Fuels and Fuel Management, Hoisting Equipment and Components, Hydraulics and Pneumatics Equipment, Mineral Processing Equipment, Mineral Separation Systems, Mining Engineering and Design, Project Management, Research and Development |
Environment | Environmental Equipment and Services, Mine Closure and Remediation |
Finance/Accounting | Financial Services |
Geoscience/Surveying | Exploration Equipment and Services, Geological Equipment and Services, Geophysical Equipment and Services, Geotechnical Equipment and Services |
Human Resources and Training | Education, Mining Contracting, Recruitment and Personnel |
Information Technology | Information Technology Hardware |
Maintenance | Diesel Engines and Components, Equipment Maintenance, Mine Maintenance |
Mechanical / Metal | Fabrication and Casting, Mine Heavy Vehicles, Mobile Equipment and Components |
Quality / Safety / Health | Health and Medical Services |
Transport and Logistics | Bulk Materials Handling |
Where to from here?
Check out Hot Rubble Career Pathways and Jobs & Opportunities to find out more about starting your career in the Mining and METS industry sectors.
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