Investor Presentaiton
Major export industry 1
Mining and mining equipment,
technology and services
Mineral and energy resources key facts:
• More than 180,000 direct and indirect employees.
• Contributed $21.6 billion to Queensland's economy
in 2015-16.
• One of the world's largest exporters of seaborne coal.
• Queensland is in the world's top five for the production
of lead, zinc, bauxite and silver.
• The sector attracted 40 per cent of all capital investment
in Queensland and exploration expenditure of over
$436 million in 2015-16.
• Queensland has more than 800 mining equipment,
technology and services (METS) companies
- more than any other Australian state.
Queensland has strong comparative advantages in the
production of zinc, aluminium and LNG.
Queensland's international competitiveness in mining
has resulted in considerable expertise in METS directly
employing more people than the mining sector itself.
Resources Investment Commissioner
The Queensland Government's Resources Investment
Commissioner helps secure new partnerships to support
Queensland's mining and METS industries. This includes
matching international investors with mineral deposits,
mines, explorers and mining technology companies that
are seeking capital.
New markets and exporters
There are growing opportunities for METS suppliers in India
and the Americas, including the USA, Mexico, Chile and
Peru. In 2015, 66 per cent of Australian METS companies
were already globally active, with an additional 16 per cent
intending to begin exporting by 2017.40
Investment in minerals exploration
The Queensland Government has released Queensland's
first exploration forward plan to deliver certainty and
opportunity to the Queensland resources sector and
investors. The seven areas include Cloncurry in the north-
west, Bowen Basin in central Queensland and Surat in the
south-west.
Case Study: Blast Movement Technologies
Brisbane-based Blast Movement Technologies was
founded in 2005 and today is the global leader in
blast movement monitoring technology used by mining
companies around the world to improve their recovery
rates of ore. The company's patented system - based on
technology developed at the University of Queensland
- allows mine operators to accurately locate ore and
waste zones after blasting. This ensures that ore is
not accidently overlooked or discarded, which in turn
increases revenue.
-
Current action: The Queensland Government is
developing the Advance Queensland METS 10-Year
Roadmap and Action Plan.
Queensland's coal
and bauxite reserves
are among
the largest
in the world
22 Queensland Trade and Investment Strategy 2017-2022
Gladstone, Queensland
Ray Cash Photography The State of QueenslandView entire presentation