The Emerging Innovation Eco

System in Australia

GMG Brisbane Forum August 2018

Ric Gros
CEO METS Ignited

r.gros@metsignited.org
 METS - 10 Year Sector Competitiveness Plan

METS Ignited is one of six industry

growth centres which are front and
centre of the Australian Government
Innovation Policy.

Objectives:

1. Accelerate Commercialisation of Innovation

2. Enhance Industry skills & industry capability
3. Drive Export Growth
4. Identiify opportunities for regulatory reform

Close consultation with industry 6000+

12 5 e
n
o

informed the Sector Competitiveness Plan conversations

10,994km
travelled 6 states workshops 0
on one's
 Purpose
To strengthen Australia’s position as a global hub for mining
innovation, and, enhance the global competitive advantage
of the Australian METS industry

Vision
The Australian METS industry has an aligned, efficient and
agile industry ecosystem with a high degree of
collaborative, global leadership in innovation, and a growing
share of the global market
 Accelerate 1. Identify and communicate the Industry knowledge gaps that limit the METS sector growth
commercialisation 2. Increase ecosystem collaboration leading to commercialisation growth
of innovation 3. Increase research funding driven to deliver METS commercial outcomes
4. Demonstrate pathways to commercialising innovation

1. Encourage an aspirational, international METS best practice business culture

2. Facilitate the translation of relevant world-best business practices into the Australian METS
Develop METS sector
sector capability 3. Influence the Sector to meet current and future talent and skills needs
4.Facilitate industry-led cluster models for innovation, investment and growth

1. Define Australian METS brand and the brand attributes

2. Enhance Australian METS brand in target Markets
Grow exports 3. Develop key geographic market strategies and pathways
4. Orchestrate global supply chain access

1. Develop and refresh regulatory improvement roadmap

Improve 2. Define best practice and encourage harmonisation
regulatory 3. Facilitate engagement between industry and Govt. departments and agencies on regulatory
reform
environment
4. Identify and shape thinking on policy & regulatory settings that could impact sector growth,
performance and new technologies
Value Chain Mining’s change drivers.

Exploration • More challenging ore bodies

• Energy and Water
Scoping
Rehabilitation
Feasibility • Increasing social license expectations
• Changing demographics and socio-political
landscape
• Industry 4.0 / Innovation / New Business
Environmental
Production
and Design Models

Construction
Automation and Robotics Economic Impact on the
Resource Sector by 2030 is Significant

Forecast GVA Forecast Jobs

Base Case Upside Upside

Baseline $1,617 $1,617 1.151

Billion Billion Million

Increase
$99 Billion $160 Billion + 87,000
$

Increase
6.1 % 10.0 % + 7.5%
%

Key Factors: Social License, Regional Impact, New Skills, Transitional Skills
Key Enablers: Aggregation of Demand cross sector & Innovation Pathways for
supply chain
The GVA of the METS sector has grown substantially over
the last decade and leveraged the Construction Boom
The Australian METS sector, Gross Value Added, 2005-06 to 2014-15, $ billions,
current prices Specialised
$128
Non-specialised
SPECIALISED METS - 2005/06 - 2014/15
GVA % GVA JOBS $109
Groups
Growth y/y 2005 2015 2005 2015 Total growth
$100 2005-06 to
G&D 13% $ 6.90 $ 18.00 57,000 152,000 $96
2014-15, %
G 6% $ 16.30 $ 25.00 105,000 162,000 66 $86
Total 8% $ 23.20 $ 43.00 162,000 314,000 $82
$72 57
51
48 87%
$61
38 43
$49 37
$44
30

23 26
62 102%
48 52 49
44 43
30 35
21 23

05-06 06-07 07-08 08-09 09-10 10-11 11-12 12-13 13-14 14-15

SOURCE: ABS, Team analysis

 Innovation Eco system Map
Sector
Information METS Test Sector Metrics / Demographics / Life Cycle / Gaps
Facility Economic Study Scale of
Audit Opportunity

Element METS Capability Gaps

Road 6th Wave Alliance
Maps Skills Gaps Robotic Vision
Roadmap

Global Austrade Align to Industry

Initiatives Industry Opportunities Industry
Behaviors Tech Passport Landing Pads Road Maps
Cross
Country METS Brand
Centers of Accelerated Innovation Innovation Fund Industry/Gov /VC
GLOBAL MINING GUIDELINES Austmine IGC SCP
Country Skill and Capability Federal Export
and State Gove Programs PRACTICAL INTEROPERABILITY
Living Labs / Sand Pits Aggregation of Demand Initiatives CSIRO
Industry Knowledge Tech
Sector Test facilities
Priorities
IGC Portal
Project CRC Comm Pathways Clusters
Cluster Funds Austmine
Virtual MIT REAP Model
Innovation Expande
Platform
Accelerators Roadshow
CRC - P
Masterclasses
Company Early Stage Capital
Incubators
Tech
Skills Hackathons
Individual

Sector
Impact
Direct Values and Capability Enablers & Commercialise Vision Road
Skills Innovation Valley of Death Scale up Export Markets
Impact Behaviors Development Infrastructure Innovation Maps

Indirect Other Sector

Research
Impact Innovation
Thank you
See the METS roadmap
10 Year Sector Competitiveness Plan

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METS Ignited Australia Ltd

 METS - 10 Year Sector Competitiveness Plan

The METS Ecosystem

Government and community

Research Service Industry Miners

Applied research Smaller METS Tier 1

companies

Explorers
Fundamental Larger METS Tier 2/3
research companies

Funding