Overview
The Australian Mining Equipment, Technology and Services (MTS) sector generates estimated annual sales of A$12 billion. Fifty per cent of firms in the Australian sector are exporters with combined exports of around A$2.5 billion annually.
At present the sector is experiencing an unprecedented boom particularly as a result of the economic expansion of China and India. Because of this, Australian MTS exports are expected to rise from A$2.5 billion at present to A$6 billion by 2010.
Australia continues to prosper in the market competing against countries such Canada, USA, Germany and South Africa, because of its strong R&D base and export focus.
What are the key opportunities?
Because of the strength of the market, Australian MTS firms have overseas opportunities right across the supply chain. This includes:
- Capital equipment
- Contract mining
- Exploration
- Mining consumables
- Professional services including engineering and consulting
- Software and advanced technologies – Australian suppliers have an international reputation for innovative solutions
- Equipment supply – a range of mining equipment is in short supply at present including the supply of tyres
Where are the key opportunities?
Priority markets with the greatest opportunities for Australian MTS firms include:
- Latin America
- China
- India
- Russia
- New Caledonia
- Papua New Guinea
- Africa
- Indonesia
- Mongolia
Please see the list of industry country profiles for the MTS industry at the end of this overview.
How can we help you?
With a network of over 140 overseas locations in more than 60 countries backed by highly experienced and qualified staff, Austrade provides a number of dedicated and tailored services to Australian exporters.
Austrade has a mining industry network of 35 staff in key international mining markets and Australia including the Americas, Pacific, South East Asia, North Asia, India, South Africa, Russia and the Middle East.
For further information please contact Austrade on 13 28 78 or email info@austrade.gov.au.
Useful contacts
Austrade's mining contacts
Austrade's mining network (PDF, 1MB)
Government contacts
Geoscience Australia – www.ga.gov.au
Queensland Government – www.sd.qld.gov.au
Western Australia Government – www.doir.wa.gov.au
General industry contact
Austmine Ltd – www.austmine.com.au
Last updated: 28 Aug 2008
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